On 2008-08-26, Jerry McBride <jmcbride@xxxxxxxxxx> claimed:
> Roy Schestowitz wrote:
>
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>> Microfraud?
>>
>> ,----[ Quote ]
>> | THE ALLEGATIONS WERE shocking: For years, Microsoft has systematically
>> | distorted its profit figures in an effort to consistently beat Wall
>> | Street expectations and keep its stock price steadily rising. The false
>> | reports would violate SEC regulations, and amount to outright fraud.
>> |
>> | More shocking was the source of the allegations: Microsoft's chief of
>> | internal audits, Charlie Pancerzewski, who reported directly to the
>> | company's chief financial officer.
>> |
>> | Most shocking of all was what happened to Pancerzewski when he reported
>> | the suspicious bookkeeping to his supervisors, Microsoft CFO Mike Brown
>> | and chief operating officer Bob Herbold, in the spring of 1995. Soon
>> | afterward, Pancerzewski?who for nearly five years had received stellar
>> | performance evaluations?received his first-ever unsatisfactory one, and
>> | was eventually forced to resign.
>> |
>> | Two months ago, Microsoft quietly settled a lawsuit containing these
>> | allegations, filed in 1997 by Pancerzewski under the Whistleblowers
>> | Protection Act. The auditor claimed he was wrongfully terminated after
>> | telling his supervisors that Microsoft might be breaking securities and
>> | tax laws. The lawsuit made its tortuous way through several rounds of
>> | pretrial motions until last fall, when US District Judge Carolyn Dimmick
>> | denied Microsoft's final plea for summary judgment, finding credible
>> | evidence that Microsoft may have violated SEC rules, as Pancerzewski
>> | alleged. Shortly thereafter, Microsoft and Pancerzewski settled out of
>> | court. Terms of the agreement were sealed, but one source who claims
>> | familiarity with the case says that Microsoft paid Pancerzewski $4
>> | million.
>> `----
>>
>>
> http://web.archive.org/web/20070308032343rn_2/www.seattleweekly.com/1999-01-06/news/microfraud.php
>
> Four million???? That's all??? Hell... I would have waited for Four
> Billion!!!
It seems as though the persons and businesses suing the monopoly and
settling aren't too bright. Novell won and signed their soul back to
the crooked monopolists later. The states take vouchers, which are
almost as valuable at resell as grocery store coupons. Mike Rowe (who
didn't sue them, but might have been sued /by/ them) settled for a
crappy old Xbotch. I wouldn't be surprised if it caught fire and burned
down his neighborhood.
--
All things are possible. Except making Windows secure.
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