The Satyam fiasco

I remember a time in my engineering days when a few andhra friends travelled to US for their MS studies. They had to show a bank balance for thier visa interviews. So they cut deals with banks, that would show the money for a period of a week in their bank accounts. And this would cost some percentage amount of the total amount shown in the account.
I assume something similar to this has happened in Satyam as well, Ramalinga Raju pays the banks some money, the banks show money in his account and fool a reputed auditing firm like PriceWaterCoopers. So obviously, the 3 entities need to taken to task now,
- Raju and everyone who were aware of this
- The banks for assiting Raju
- PwC for its incompetency ( not sure how they would get punished )
But the investors have lost their money, and all they can do is cry foul, lets see what happens to the large workforce (53K) they have