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CA's Ex-CEO Indicted on Fraud

Posted by samzenpus on from the was-that-wrong dept.

An anonymous reader writes "CNN is carrying a story about how Sanjay Kumar, ex-CEO of Computer Associates, was indicted on fraud charges. Prosecutors said the long-running accounting fraud scheme featured what came to be known by Computer Associates employees as a "35-day month" because company books were routinely kept open until revenues exceeded projected goals. "The defendants cooked the books by simply keeping them open beyond the end of a fiscal quarter for however long it took to meet the analysts earning estimates," said Deputy Attorney General James Comey. Comey said by the time the "house of cards" collapsed, about $2.2 Billion in revenue was booked prematurely. Good thing CA settled it's case with the DOJ."

4 of 307 comments (clear)

  1. Re:Cops with CEO's by christopherfinke · · Score: 0, Offtopic
    Save the environment, please plant a bush in Texas.
    What exactly does this mean? I'm not sure if it's pro-Bush, anti-Bush, or completely unrelated.
  2. Possessive article by Anonymous Coward · · Score: 0, Offtopic

    It's sad that Slashdot, read by so many well-educated readers, will let a spelling error like this one get through.

    "It's" = It is
    "Its" = possessive ...

    "CA settled its case."

    How many times do we have to see this particular error on the web before people decide to memorize the correct usage?

    1. Re:Possessive article by mabinogi · · Score: 0, Offtopic

      If that were the only error we ever saw, it would be wonderful.
      At least that is an easy mistake to make, as at first glance it appears to contradict the general rule of 's for possesive.

      But things like "then" instead of "than" - or worse the double error of "different then", or the whole they're, their, there mess, consistent bad spelling (rediculous) and the invention of entire new words (virii, and spotted in a comment recently "scenarii") are what really get me down....

      I'm not expecting perfect grammar or spelling in every post, typos happen, and when someone is in a hurry to make a point, the style will suffer.

      But the frequency of some errors gives the impression that people aren't even trying...

      --
      Advanced users are users too!
  3. I guess he's no longer interested... by node+3 · · Score: 0, Offtopic

    in that apartment for rent on Park Street.