Verisign Ordered to Stop Deceptive Renewal Notices
Ummagumma writes: "CNN is running a story on how the courts have ordered Verisign to stop their deceptive 'renewal notices' to other registrars' customers. I've gotten a couple of these, and was smart enough to figure out what's going on, but this is a dirty practice, of borderline legality. Let's hope they get smacked down hard for this one..."
Verisign is, by offering the 9-year plan, making similar mistakes to IBM when they sold instead of leased their mainframe hardware.
So if everybody (who is a Verisign customer), were to go ahead and buy for 9 years, Verisign would actually see a good profit this year, then work that profit direction into future plans' budgets, only to have them fail utterly because nobody would be buying anything from them the next 3-8 years...
Stock prices would drop. Execs would be canned. Heads would roll...
"My God, it would be beautiful..."
"But remember, most lynch mobs aren't this nice." (H.Simpson)
-- Joe
I couldnt agree more. I know at my school (Drexel), business students are not required an ethics course, but engineering students are (req'd for accredidation), as well as other majors (accredidation again).
As a side note, the original judge in the MS anti-trust case has said he feels Microsoft would not be where they are today (a monopoly found guilty of anti-trust) had Bill Gates finished college. He apparently never took an ethics course required by Harvard.
The One Rule Of Chess You'll Ever Need: Don't play someone who carries a kit in their bookbag.