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BayStar Interviewed Regarding SCO Investment

Gonzo_Warrior writes "BayStar's managing partner explains what led him to 'ask' SCO for their money back. In this article, Lawrence Goldfarb describes '...the wayward corporate behavior on SCO's part' that led him to reevaluate BayStar's position. In a letter to SCO last week, BayStar claimed that '...SCO's behavior violated provisions of the investment agreement and that BayStar's convertible preferred stock be redeemed.' The article notes that since its founding in 1998, BayStar has never before asked a company for its money back." CNet has a story based on talking to a BayStar spokesdrone.

18 of 277 comments (clear)

  1. Woot! by Anonymous Coward · · Score: -1, Offtopic

    Woot I say!

    1. Re:Woot! by Anonymous Coward · · Score: -1, Offtopic


      Congrats on taking the first post from the GNAA wankers.

      Nah, where's the SCO699feetroll? He's the man! Speaking of him.. I haven't seen a new journal entry for a while.

    2. Re:Woot! by Anonymous Coward · · Score: -1, Offtopic

      You must make a decision, mein Fuhrer.

    3. Re:Woot! by Anonymous Coward · · Score: -1, Offtopic
      The decision should have been this:

      We will cease all hostilities with the Allies and join forces in fight against Bolshevism.

      Imagine. US troops and endless supplies and German weapon tech and seasoned troops driving back the red tide.

      That would have saved us from wasting 50 years on Cold War and stopped communism in its filthy tracks.

    4. Re:Woot! by Anonymous Coward · · Score: -1, Offtopic

      Hell yeah! But who would've ruled Europe afterwards?

    5. Re:Woot! by Anonymous Coward · · Score: -1, Offtopic
      The question is meaningless.

      White Race would have ruled not only the Europe but the world!

  2. Nelson: by Anonymous Coward · · Score: -1, Offtopic

    I am sure the entire Slashdot community did a big Ha ha! when they read this.

  3. not fp, and lose 3 karma. by Anonymous Coward · · Score: -1, Offtopic

    sux to be you.

  4. This reminds me of a funny story by Anonymous Coward · · Score: -1, Offtopic
    A strange-looking old man walked into a funeral home and said to the mortician, "I'll give you $100 for the vagina of the blonde lying in the casket in the front room." The mortician looked at the guy like he was nuts. "Are you crazy?" he said, "I could lose my license."

    "How about $200, then?" The mortician debated with himself, then said, "All right, you've got a deal, but keep it quiet, okay?" Locking the doors and pulling the drapes, he went hurriedly to work, scalpel in hand.

    In minutes, he was holding the dripping pussy at arm's length, and he asked nervously, "How do you want it wrapped?" "Don't sweat it," the old guy said. "I'll eat it here."

    1. Re:This reminds me of a funny story by capn_buzzcut · · Score: 0, Offtopic

      1. I love "eating" pussy as much as the next guy, but that made me cringe. 2. How the hell did the SCO story remind you of THAT?

      --
      "And now, Frank N. Furter, your time has come. Say 'goodbye' to all of this, and 'hello'... to oblivion!"
  5. Boy! by Anonymous Coward · · Score: -1, Offtopic

    All those cocksmoking teabaggers sure must be relieved!

  6. Never leave home without your tinfoil hat! by ArsenneLupin · · Score: -1, Offtopic

    HOUSTON (Reuters) - Prosecutors charged Wednesday that former Enron Chief Executive Jeff Skilling broke the terms of his $5 million bond during a bizarre alcohol-fueled fracas in New York earlier this month.

    Former Enron CEO Jeffrey Skilling

    The court filing says Skilling's blood alcohol level was 0.19 -- more than twice the legal limit in most U.S. states -- when police sent him to the hospital at 4 a.m. on April 9.

    Officers described Skilling as "uncooperative and intoxicated" and deemed him "an emotionally disturbed person" because he was accusing bar patrons of being undercover agents for the Federal Bureau of Investigation.

    "At one point, Skilling went to the middle of the street, put his hands behind his back and began talking to the sky, asking if FBI cameras were capturing what was happening," the motion says.

    The motion stops short of asking U.S. District Court Judge Sim Lake to revoke Skilling's bond, and instead asks for a hearing to discuss changes to his terms of release.

    He was freed Feb. 19 after pleading not guilty to 35 counts of fraud, insider trading and lying about Enron's finances.

    Skilling's attorney, Daniel Petrocelli, said his client regrets the incident.

    "But it certainly did not happen in the way the government said it did in their motion," he said, declining to answer specific questions about the government's account.

    He said the motion was unnecessary because the pretrial services officers monitoring Skilling's release have already provided information to the court.

    "This only reinforces the view that the government is more committed to prejudicing Mr. Skilling than ensuring his right to a fair trial in court," Petrocelli said.

    The motion says Skilling lied to pretrial services staff about being drunk.

    According to the motion, Skilling and his wife, former Enron corporate secretary Rebecca Carter, met and began drinking with two men at the Four Seasons Hotel bar.

    The party moved to a cigar bar, Bar & Books, around midnight, and the foursome began drinking with a married couple and their male friend.

    Skilling picked up a $171 bar tab and kept drinking, promising his new friends he would "fly them down to Houston and provide them with their own maid" at his mansion.

    But Skilling soon became belligerent, and accused his new friends of being undercover FBI agents. When his wife tried to get him to leave, he responded with obscene language, the motion says.

    The bar's manager kicked the group out, and once outside, Skilling began trying to remove the front license plate from the married couple's car.

    "The defendant did so apparently to gather 'proof' of the true identity," of the couple, the motion says.

    Then Skilling tried to lift the woman's blouse to see if she was wearing a hidden microphone, which led to a scuffle with the other two men, it says.

    One of them hit Skilling, who then grabbed his wife and accidentally caused her to fall to the ground. Skilling admitted this later at the hospital, the motion says.

    At the time of the incident, Skilling's lawyers said "two aggressive men" began questioning Skilling about Enron and his wife was "thrown to the ground."

    Philip Hitler, a Houston attorney and former federal prosecutor, said the motion is likely an effort to put more restrictions on Skilling.

    "Had the violations been egregious enough, there would have been a motion for revocation," Hitler said.

  7. first post by Anonymous Coward · · Score: -1, Offtopic

    In Soviet Russia, hot grits pour you down Natalie Portman's pants.

  8. Bush administration has a woman fired for a photo by Anonymous Coward · · Score: -1, Offtopic
    Bush administration has a woman fired for taking a photo.

    Guess we shouldn't know about our troops getting flown back home - in coffins.

  9. Re:Bush administration has a woman fired for a pho by Anonymous Coward · · Score: -1, Offtopic
    Way to show respect for those that gave ALL for their country, you draft-doging silvr-spooners!

    If I was Colin Powell, I'd cold-cock your ass on national TV.

  10. Re:Bush administration has a woman fired for a pho by Anonymous Coward · · Score: -1, Offtopic
    So instead we should do what the government's intention appears to be and block all negative news from Iraq? Pentagon knows very well that it was the media, not VC, that killed our campaign in Vietnam and they're afraid that it's going to happen again..

    Yeah. Let's keep the public from seeing the real price on war. That way we can send EVEN MORE young people there to give their ALL for their country.

    Fucking chickenhawks make me sick.

  11. Skilling is an amateur by Anonymous Coward · · Score: 0, Offtopic
    Skilling's blood alcohol level was 0.19

    Amateur.

    I don't lose control/pass out until at about 3.20.

    That's an empirically determined fact.

  12. Re:have investor money, will travel by rozz · · Score: 0, Offtopic
    money for nothin, but does he get the chicks for free?

    let's see

    if the chick hates Linux => Daryl is her hero => he gets her for free

    if the chick loves linux, then we can say she's a linux-chick ... which is open&free for all by default!

    amazing conclusion - Daryl gets ALL the chicks for free!

    oh wait, 99,9% of the chicks never heard of Linux ... i guess he still has to pay for these...life is hard

    --
    "There is nothing more frightful than ignorance in action." Johann Wolfgang von Goethe