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Tuesday, October 20, 2009

There is a GOD!

Today I discover that Bob Moffatt was caught with his hands in the cookie jar over at IBM. He was being groomed to replace Sam Palmisano but it isn't going to happen now. It would seem that cooperate greed does come back to bite everyone. Even you BOB! You work at IBM for 30 years only to not even allow people to make it past 20 below him and send those jobs to India on a whim. I believe in Karma and I believe in what you do will eventually come back to haunt you. Bob is just the first.

In previous posts I made it clear that during the Bush era the SEC had no teeth and Bush made sure of it. All through his administrations he let cooperate greed run in full force. Now people like Bob get caught and are squealing like pigs to not spend a day in Jail. We shall see. What I can't help but find funny though. No memo will go out at IBM like all the other thousands of people that were "let go" to let you know this person is no longer working for the company. Or even a memo saying that a change in the company head was made. IBM's trying it best to bury this one. Ooh yeah btw, IBM stock fell $7 in one day. Watch how far they distance themselves from an employee like Bob.

Yes Bob you were an employee and now your going to jail. You and every one of your cooperate cronies that you will squeal like a pig on. Am I resentful? Damn right! Now that we have a new President in office the SEC is going to have power again. Let's see how this plays out. If I get to see Bob rott in jail for the rest of his life, I'll feel just a little bit better about this world were in.
posted by Jules at 6:39 PM

1 Comments:

Update, well from following through on this story it looks like Bob is probably getting paid enough to make sure he doesn't squeal and his lawyers are probably going to ensure he only maybe gets 6 months at most. And the rich get richer....

6:33 AM  

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