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Former CA Boss Gets 12 Years, $8M Fine

Posted by ryuzaki0 on from the off-to-the-big-house dept.

mwnyc writes "The BBC is reporting on the sentence issued today to former CA boss Sanjay Kumar, who had pleaded guilty to charges including conspiracy and securities fraud. Mr. Kumar is expected to begin serving time in February 2007. Under federal sentencing guidelines, Kumar could have faced life in prison but the judge called that punishment 'unreasonable.'"

2 of 150 comments (clear)

  1. Re:Heh, I knew it! by Anonymous Coward · · Score: 1, Insightful

    I've always wondered how the hell they stayed in business...

    A very good marketing team who knows that targeting managers and executives is far more important than targeting techs.

  2. Re:Heh, I knew it! by Nefarious+Wheel · · Score: 2, Insightful

    CA are the trash bond merchants of the IT world. Buy, strip, dump.

    --
    Do not mock my vision of impractical footwear