Bingo

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On Monday, April 11, 2022, 4:34 PM, Mike Schwab <mike.a.sch...@gmail.com> wrote:

Did IBM inflate their total number?  That could result in criminal
charges and stockholder lawsuits.

Sounds like they just moved actual revenues from one category to
another category to get bonuses.  I expect only clawback from the
employees.

On Mon, Apr 11, 2022 at 5:08 PM Bill Johnson
<00000047540adefe-dmarc-requ...@listserv.ua.edu> wrote:
>
> I worked for Phar Mor. Where the CEO and his minions actually cooked the 
> books. And went to prison. 10 years for the CEO. 3 for the CFO. Gained some 
> street smarts. (More on street smarts later) The civil suits came AFTER the 
> criminal ones. This case is a joke. The board approved. The auditors 
> approved. This won’t even go to trial.
>
>
> Sent from Yahoo Mail for iPhone
>
>
> On Monday, April 11, 2022, 11:28 AM, Steve Beaver <st...@stevebeaver.com> 
> wrote:
>
> The problem becomes if in discovery something is unearthed
>
>
>
>
> -----Original Message-----
> From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On 
> Behalf Of Bill Johnson
> Sent: Sunday, April 10, 2022 11:36 AM
> To: IBM-MAIN@LISTSERV.UA.EDU
> Subject: Re: IBM Deceived Investors
>
> Nobody goes to prison should they lose a civil lawsuit. The auditing firm 
> gave their seal of approval.
>
>
> Sent from Yahoo Mail for iPhone
>
>
> On Sunday, April 10, 2022, 12:18 PM, Charles Mills <charl...@mcn.org> wrote:
>
> I knew a guy -- friend of a friend -- who spent a couple of years in a 
> minimum security Federal prison -- "Club Fed" as it was the fashion to say at 
> the time. (Silicon Valley securities fraud -- he claimed he was innocent and 
> took the fall for investors who were of the type you did not want to cross -- 
> but who knows?)
>
> Anyway he always strongly implied that it was a lot more unpleasant and a lot 
> less country club than people liked to think. He would never talk about the 
> experience beyond saying "I would rather have read the book." Being locked up 
> is no fun. Your house may be lovely but I'll bet you would not want to be 
> involuntarily confined there for the next two years.
>
> Charles
>
>
> -----Original Message-----
> From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On 
> Behalf Of Stefan Skoglund
> Sent: Sunday, April 10, 2022 8:34 AM
> To: IBM-MAIN@LISTSERV.UA.EDU
> Subject: Re: IBM Deceived Investors
>
> lör 2022-04-09 klockan 13:26 +1000 skrev Wayne Bickerdike:
> > Hmm. Sanjay Kumar did some serious jail time for fiddling the books.
> > Steve
> > Richards was sent to a dangerous max-security prison.
>
> It isnt really my beef, but is Taft correction facility a max-security
> prison ?
> Compared with the one in Terre-haute for example.
>
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-- 
Mike A Schwab, Springfield IL USA
Where do Forest Rangers go to get away from it all?

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