Nestle! Hot potato? Or hot lead?

"Indians they have a lot of tolerance, they do not really bother about lead etc in food, given the pollution that we have. So, definitely a time to buy into Nestle because it is not going out off business yet," - A callous fund manager quoted in a newspaper report. . 


Shares in Nestle the company that makes Maggi noodles were sold off in India as Maggi noodles came up for scrutiny for excessive lead, mono-sodium glutamate or a taste enhancer. 

Nestle struggled today lower by more than 10 % consequent to an Indian provincial food and drug authority finding excessive lead content ('dangerously high') in its maggi noodles. 

Read more at:
http://economictimes.indiatimes.com/articleshow/47523217.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Some ethics in management! Some corporate governance!

Without any risk or responsibility.