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[News] [SOT] More Fraudster CEOs Seemingly Exposed

[They can run, but they can't hide. Microsoft should take notice after the
well-documented OOXML corruptions and the incidents at the bottom.]

Former tech executive found guilty of securities fraud

,----[ Quote
| The former chairman and CEO of dot-com boom company PurchasePro.com is found 
| guilty of securities fraud 
`----

http://www.linuxworld.com.au/index.php?id=110534412&rid=-50

BAE chief exec, director detained at US airports

,----[ Quote ]
| The company has always said that it has obeyed the law at every stage, and 
| that all its dealings were sanctioned by the British government. Indeed, some 
| of the Bandar payments were said to have moved via a UK Ministry of Defence 
| account. (However, this was apparently an account belonging to the former 
| Defence Export Services Organisation, an MoD arms-sales bureau controlled and 
| partly staffed by seconded arms-industry executives rather than civil 
| servants or uniformed officers.)      
`----

http://www.theregister.co.uk/2008/05/19/bae_ceo_step_this_way_please_sir/


Yesterday:

EC charges Broadcom founder, gen counsel

,----[ Quote ]
| The men schemed from 1998 to 2003 to secretly backdate stock option grants,
| which forced the company to eventually restate its financial results and
| report more than $2 billion in extra compensation expenses, the SEC said in a
| statement.
`----

http://uk.reuters.com/article/technology-media-telco-SP/idUKN1451854920080515


Recent:

New court date for ex-Microsoft domain buyer

,----[ Quote ]
| A quick scheduling note for anyone tracking the case of Carolyn Gudmundson,
| the former Microsoft domain manager who pleaded guilty to mail fraud after
| she was charged in a complex scheme to steal money from the company:
| Gudmundson's sentencing date, previously set for last Friday, has been pushed
| back to May 16, at the agreement of the lawyers in the case, according to the
| court docket.      
`----

http://blog.seattlepi.nwsource.com/microsoft/archives/136477.asp?source=rss


Related:

First Passport, now fraud: ex-MS employee charged

,----[ Quote ]
| Gudmundson, a former program manager at Microsoft's MSN division, is charged
| with using her position within the company to run a number of different scams
| between 2000 and 2004. According to U.S. attorneys, she would use her
| corporate American Express charge for domain name registration fees, but then
| submit copies of invoices that carried inflated charges.    
`----

http://www.infoworld.com/article/07/12/07/First-Passport-now-fraud-ex-MS-employee-charged_1.html


Microsoft Lawyer Fees Focus in Iowa

,----[ Quote
| Microsoft settled the Iowa case for $179.95 million in April.
`----

http://biz.yahoo.com/ap/070831/ia_microsoft_lawyer_fees.html?.v=1


Corrupt countries were more likely to support the OOXML document format

,----[ Quote ]
| Is this just a random coincidence? The median of the CPI index of the above
| mentioned 70 countries is 3.95. Of the most corrupted half (CPI index less
| than 3.95) 23 or 77% voted for approval (approval or approval with comments)
| and 7 or 23% for disapproval; 5 abstained. Of the least corrupted half (CPI
| index more than 3.95) 13 or 54% voted for approval and 11 or 46% voted for
| disapproval; 11 abstained - see the table below.      
`----

http://www.effi.org/blog/kai-2007-09-05.en.html


Microsoft exec dumped stock prior to Red Ring announcement

,----[ Quote ]
| To make matters more murky, the sales were not registered with the Securities
| and Exchange Commission within the mandatory two days of the transaction, a
| result of an alleged "administrative error." Microsoft has since remedied the
| issue by following the "procedures required of late-filers."  
`----

http://arstechnica.com/journals/thumbs.ars/2007/08/14/microsoft-exec-dumped-stocks-prior-to-red-ring-addresment


Microsoft's Bach sold more stock before Xbox news

,----[ Quote ]
| Microsoft Corp. executive Robbie Bach sold $3 million more in company stock
| during the period leading up to an announcement about a costly flaw in its
| Xbox video game console than previously reported, according to a filing
| Monday with the Securities and Exchange Commission.  
`----

http://www.marketwatch.com/news/story/microsofts-bach-sold-additional-stock/story.aspx?guid=%7BBECA3A50-EF33-4161-A111-A43BDC8B0462%7D&siteid=yhoof


Insider Trading Hasn't Affect Microsoft Stock - Yet

,----[ Quote ]
| MarketWatch.com reports that Robbie Bach, president of Microsoft's
| Entertainment and Devices division, sold $6.2 million of Microsoft
| stock just prior to announcing that Microsoft was going to have to
| extend XBox 360 warranties to three years because of extensive
| failures. The filings note that this was not part of any
| scheduled diversification or selling program; this was a
| conscious, unscheduled sale by the guy in charge of releasing
| news that could affect the value of Microsoft stock.
|
| [...]
|
| Insider trading is a very serious violation of the law; just
| ask Martha Stewart, who served five months in prison for
| avoiding losses of $43,000 through trades that just had suspicious
| timing (no insider trading was actually proven). This is $6.3
| million that went straight into Robbie Bach's pocket.
`----

http://biz.yahoo.com/seekingalpha/070713/40947_id.html?.v=1


Ecuador Tax Agency Closes Microsoft Branch Offices For 7 Days

,----[ Quote ]
| "We have twice requested balances, payment reports and complete tax
| information, but the company hasn't given it to us, so in accordance with our
| laws we have proceeded with the closure," the SRI official in charge of the
| proceeding said.  
`----

http://money.cnn.com/news/newsfeeds/articles/djf500/200710041610DOWJONESDJONLINE000810_FORTUNE5.htm


Microsoft Office raid in Hungary

,----[ Quote ]
| "Such behavior could lead to the exclusion of competitive products from
| the market and violate European Union rules, according to the authority
| known as the GVH."
`----

http://www.forbes.com/feeds/ap/2007/07/26/ap3957835.html


Evidence of Microsoft Influencing OOXML Votes in Nordic States

,----[ Quote ]
| "This is how a standard is bought," Bosson wrote later. "I left the meeting
| in protest - pissed off."
`----

http://www.betanews.com/article/Evidence_of_Microsoft_Influencing_OOXML_Votes_in_Nordic_States/1188335569


,----[ Quote ]
| So, even as Microsoft claims superior quality over Linux, they act as if they
| don't even buy their own FUD. If they really believed that Windows was
| superior to Linux, they wouldn't have to bribe people with “marketing help”
| to get them to choose Windows.  
`----

http://www.linuxtoday.com/news_story.php3?ltsn=2007-11-09-030-26-OP-MD-MS


[Mandriva CEO:] An open letter to Steve Ballmer

,----[ Quote ]
| Wow! I’m impressed, Steve! What have you done for these guys to change their
| mind like this? It’s pretty clear to me, and it will be clear to everyone.
| How do you call what you just did Steve, in the place where you live? In my
| place, they give it various names, I’m sure you know them.  
|
| Hey Steve, how do you feel looking at yourself in the mirror in the morning?
|
| Of course, I will keep fighting this one and the next one, and the next one.
| You have the money, the power, and maybe we have a different sense of ethics
| you and I, but I believe that hard work, good technology and ethics can win
| too.  
`----

http://blog.mandriva.com/2007/10/31/an-open-letter-to-steve-ballmer/

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