----- Original Message -----
From: "Mike Carrell"
Mike, I am not going to belabor this issue much longer except to
state very clearly that my "spin," as you call it, was directed at
EDS, one of the most disreputable companies in America. And the
fact that BLP, knowing the shoddy reputation of this bunch of
thieves, still chose to partner up with them - to the degree that
they added the CEO of EDS to their own board.
The threat to sue for slander by William Good of BLP was
uncalled-for bullying, and he may end up in court over it...
....and even your criticism of me for bringing this point up is
implicit support for this company EDS - a company which does, or
did in the recent past, bear much in common with a criminal
enterprise - much like ENRON, with whom they were very close.
Mike, this company, EDS, stole two and one half billion dollars
from investors by use of fraudulent accounting - where they booked
sales which did not occur.
Mike, this company SOLD THEIR OWN STOCK SHORT - that's right, when
they found out that they had been caught they tried to recoup some
losses by selling options on their own stock. This is unheard-of
for a large publicly traded company.
Mike, this director, Jordan, when he was hired - immediately gave
$20,000 to the Republican National Committee, and large gifts to
several administration PACs, and to George Bush himself, and to
Texas politicians. This was at a time when criminal prosecution of
EDS was in the air.
That prosecution did not take place.
Was their any tit-for tat? Note: I am not saying that there was
anything other than coincidence. But fraud did occur at EDS,
prosecution did not occur, and large gifts were made. You can make
of it what you will.
Perhaps Richard -our Texas colleague, who is an ethical
businessman and closer to this than anyone I know of, can set me
straight if I have been too harsh on EDS.
Until I hear otherwise from people closer to the situation than
the Wall Street Journal - who do occasionally get things wrong, I
will persist in saying that your are way out of line here Mike. As
is William Good of BLP and his chilling threats to SLAPP, as they
say. You have consistently tried to shift the focus of this
discussion away from EDS, and the EXTREMELY POOR CHOICE of BLP in
allying themselves with a quasi-criminal enterprise.
Hey, ignore the warning and shot the messenger... I thought that
tactic went out with the barbarians.
Jones
