Credit Suisse First Boston Fined $100 Million

A couple of people wrote in to note that Credit Suisse First Boston, which was the underwriter for VA Linux ^? ' IPO, has been fined $100 million for actions they took in that and other high-tech IPO's during the stock market boom. CSFB allocated shares of certain IPO's to customers who made kickbacks to CSFB. Here's their side of the story. There's also an additional statement by the regulators and CSFB's settlement agreement (PDF).

Comments

check this out!

[Anonymous Coward]

Moderation Totals: Offtopic=265, Flamebait=4, Troll=26, Redundant=3, Insightful=69, Interesting=154, Informative=32, Funny=8, Overrated=11, Underrated=46, Total=618
Damn!

Re:check this out!

[Anonymous Coward]

Moderation Totals: Offtopic=265, Flamebait=4, Troll=26, Redundant=3, Insightful=69, Interesting=154, Informative=32, Funny=8, Overrated=11, Underrated=46, Total=618

At least give people a link

BTW; it's currently at +2, informative; someone better go censor^H^H^H^H^Hbitchslap it back down again.

Alan Thicke, DEAD.

[Sir_trolls_alot]

Just heard the sad news on talk radio. Comedy writer/actor Alan Thicke was found dead in his home this morning. Even if you never watched his work, you can appreciate his work in 80's tv. Truly a Canadian icon. He will be missed :(

Show me that smile again.
Ooh show me that smile.
Don't waste another minute on your crying.
We're nowhere near the end.
We're nowhere near.
The best is ready to begin.

As long as we got each other
We got the world
Sitting right in our hands.
Baby rain or shine;
All the time.
We got each other
Sharing the laughter and love.

Kickbacks?

[Anonymous Coward]

Could one of the kickbacks have been the infamous bitchslap script???

According to slashdot founder Rob "Commander Taco" Malda, "Bitchslap hasn't been used in probably a year since people really don't use accounts to script flood any more."

It's been at least a year since the VALinux IPO-cleanup. Coincidence? I think not.

gabe rules, cmdrtaco sucks

[Anonymous Coward]

well, cmdrtaco, take this in the ass. also, mad props to gabe for the mtn. dew. 3 cheers for gabe!

-your apartment-mate, mark

How is that offtopic?

[Anonymous Coward]

Slashdot is involved in a corrupt IPO and in the same day it is revealed that slashdot editors bitchslap posts. Not offtopic to me.

Penis!

[Anonymous Coward]

Peniculus tuus pusillus et cassus est!

Re:Penis!

[Anonymous Coward]

Small!?!? Useless!?!?!?!?

My penis, a veritable Swiss-army phallus, is able to stir drinks, pick locks, open bottles, and it can saw right through solid steel! It slices, it dices, and it leaves a yummy, gooey treat for you when you're done using it!

Bah! Small...

Micro$oft Sux0rs...

[Anonymous Coward]

And the rest of you stink0r

Microsoft bad, linux good

[Anonymous Coward]

can I have my +5 mod now?

Have you ever wondered.......

[Anonymous Coward]

What it's like to have hard core anal sex with a shaved goat?? Goat rhymes with coat....thats neat!!!!

Re:Not Funny...

[Afrosheen]

Is it just me, or is it hard to take a post written by "gayrod" seriously? LOL

slashdot: 'news' that doesnt correct its own error

[Anonymous Coward]

god forbid a 'news' organization look objectively
at itself. consider 60 minutes, consider
nightline, consider dateline, consider all the
'news' shows and newspapers and news magazines
that ignore anything that has to do with themselves.

Re:Not Funny...

[Anonymous Coward]

My sexuality is none of your business, you repressive homophobe.

Re:slashdot: 'news' that doesnt correct its own er

[Anonymous Coward]

god forbid a 'news' organization look objectively at itself.

But they do, check out http://slashdot.org/comments.pl?sid=26638&threshol d=1&commentsort=0&mode=thread&cid=0

Re:Cry me a River

[Anonymous Coward]

I like to pour hot grits down my pants for breakfast, while reading the latest issue of Petrified Portman.

Re:hey taco!

[Anonymous Coward]

Is that you Ashley?

chew on this, Jamie!

[Anonymous Coward]

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and another one!!!

[Anonymous Coward]

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Re:Why?

[Anonymous Coward]

What a week for linux!

Lets review:

-Linux sucks ass
-Slashdot sucks ass
-transmeta won't last another 6 months
-AOL was redhats last hope

Watch the rats abandon ship as linux rapidly
fails, sinks.

CMdr Taco doesnt know calculus

[Anonymous Coward]

He doesn't! He counts on his fingers when he needs to figure something! Cmdr taco is fraud, just like linux, just like slashdot, and just like VAsoft.

Re:Why?

[ArnoldYabenson]

Your ideas intrigue me, and I would like to subscribe to your newsletter. Will this allow me to commit crimes with impunity? Specifically, I am interested in victimless crimes, preferably with the participation of minors.

Re:Not Funny...

[Anonymous Coward]

Your site IS a laughing matter, though. 'shame it don't work!

Re:Well, at least someone made money on the .com b

[Anonymous Coward]

I know I get pretty irregular when I become defunked!

Har Har!

Re:Not Funny...

[bryan1945]

Sucker- definition: see twit

Twit- definition: see moron

Moron- definition: see assmonkey

Assmonkey- definition see below:

"involve the shady financing of businesses like VA Linux, which, if you're like me, you have your retirement savings invested in."

Yes children, this proves lawyers are the dumbest of the lot. Repeat: Diversification. This guy is too dumb and funny for me to post as an AC. Goodbye karma!

Re:please do not moderate this up

[gayrod]

I still got +2 interesting, sucka.

Don't ruin my fun :-(

BTW, autpr0n rocks.

MY QUEST IS OVER

[Anonymous Coward]

you have your retirement savings invested in.

It took a life time of searching, but finally, I've met the world's dumbest lawyer.

The Parent IS A TROLL

[Anonymous Coward]

he is a troll, read his account and other things he posted, and his domain name doesnt exist, MOD DOWN THIS KARMA WHORE

Re:Not Funny...

[Anonymous Coward]

The above isn't a troll, its just good sense
to diversify.

Re:please do not moderate this up

[signal ll]

"I mean, slashdot dosn't need to make itself look completly stupid"

Too late.