Is Satyam career came to an end?

Mr. B. Ramalinga Raju resigned as managing director and revealed shocking facts about the organization. 

1. The balance sheet has inflated cash balances of Rs 5,040 crore (Rs 50.40  billion) and accrued interest of Rs 376 crore (Rs 3.76 billion) is non-existent. Rs 1,230 crore (Rs 12.30 billion) was arranged to Satyam and is not reflected in the books.
2. Second quarter numbers were inflated to Rs 2,700 crore (Rs 27 billion) when the actual figure was Rs 2112 crore (Rs 21.12 billion). He also said that other board member were unaware of the real numbers.
3. The accounts manipulation started a few years ago. The attempts to stop manipulation failed, he said in his confession.
4. The Satyam balance sheet, as on September 30, 2008,  had an accrued interest of Rs 376 crore (Rs 3.76 billion) which is non-existent. It also had an understated liability of Rs 1,230 crore (Rs 12.30 billion) on account of funds arranged by Ramalinga Raju. The balance sheet showed an overstated debtors position of Rs 490 crore -- Rs 4.90 billion -- (as against Rs 2,651 crore -- Rs 26.51 billion -- reflected in books).
5. Satyam shares nosedived by nearly 54 per cent to Rs 83 after resignation of chairman, and managing director. DSP Merrill Lynch has terminated its engagement with Satyam Computer, the IT firm informed the Bombay Stock Exchange.

Also couple of days back World Bank has put a ban on satyam for 8 years which is not a small issue.

Satyam employees have kept their fingers crossed and the investors too.

This has left Satyam management & employees in chaos and fear. Now the question arises weather Satyam will survive after these tremors which occurred in the recession period?