Slashdot Mirror

← Back to Stories (view on slashdot.org)

Cisco Offices Raided, Execs Arrested In Brazil

Posted by kdawson on from the where's-my-white-hat dept.

Many readers are writing in about the raids and arrests in Brazil's Cisco operation. At least 40 people were arrested earlier today, and Brazilian authorities asked the US to issue arrest warrants for five more suspects in this country. The allegation is that Cisco brought at least $500M of equipment into Brazil without properly paying import duties, and now owes over $826M in taxes, fines, and interest.

4 of 537 comments (clear)

  1. Cisco's peons as hostages by Secrity · · Score: 0, Flamebait

    I find it interesting that they are holding Cisco's peons as hostages for Cisco corporate misdeeds.

  2. Re:In related news... by hjf · · Score: 0, Flamebait

    Dude, your philosophy is "we are the best in the world, the masters of the universe. bend over and take it. we shall import anything we want and pay no taxes for you, but also give you no jobs. for if you shall ever try to enforce your own legislation, we will pull the plug and your tiny country will be left in oblivion"
    fuck you, man, what do you think? that cisco and american brands are god's given gifts to the rest of the world? what the fuck are you smoking? are you john chambers kid or something?

    and then you say, if brazil tries to enforce their own law, cisco should take their stuff and leave the country. that should teach them. what the fuck? you're sick man. you really have that american "god complex". you ever sat and think why the world hates you? yo go around, messing with developing nations (to make sure they don't develop), destroying them, taking their oil, and even then, you expect the whole world to love and praise you? dude I was trolling before, but now I'm serious, and I really hope you're joking, you can't be that stupid. really.

    also, companies don't leave countries for $500M. let me give you an example: my country's debt is 130BN dollars. at some point in 2002 we said, well, we don't have anymore money to pay for this. we will take some time to clear up this mess and then we'll see. so, "political analysts" all over the world said no, this is terrible, argentina will disappear from the planet, sink in the ocean, no one will ever lend money to them anymore, they will be like an african country, or worse... blah blah blah. you know what happened? nothing. we sorted things out, paid all the IMF's debt and got them off our back. negotiated our debt and only paid 25% of it (and the rest was refinanced to 20-50 years at a much lower rate). and, we're better than ever. production is so up right now that we didn't have enough power this year and that's why many factories had to shut down this winter.

    so what did the US do while all this was happening? nothing. they said well it's argentina's problem, they need to figure it out themselves. now we're on track again, and our president (not that I like it) is aligning with crazy Chavez and his commie friends. what's the US gov't doing now? they're "not happy" with us. shit dude, they had an opportunity to do something for us, and they told us to go fuck ourselves. now, they expect us to go back to them.. "or else".

    the whole Americas economy would be far better if the US would cut it out already with their resource-sucking methods. they come here, take what they want, and leave. and we have to thank you for it. instead, they could make us their allies, have plenty of cheap workforce, in a nearly timezone, etc. but no, they don't work like that.

    now take a look at the UK: they had colonies all over the world: because they learned to accept that country's ways. they came here, and built buenos aires, its trains, its subways, buildings, and most important, the buenos aires seaport, and we grew, a LOT, from all that. and the UK got a lot of money in the process. and they repeated the same in australia, in India, in Hong Kong...

    now what did the US do in latin america? the condor operation, http://en.wikipedia.org/wiki/Plan_Condor , to destroy communism in latin america. just go around and kill the commies. not come, bring some money, make some investments, bring in a factory or two to keep people happy. no, that costs too much money. just kill the commies and be done with them. and that's what you do. you're just the world's bully

  3. Re:Worse than ignorance, it's iggerunt. by kaffeinekiwi · · Score: 0, Flamebait
    And it's still technically correct to refer to a Canadian as an American, but it doesn't mean it's the best way.

    Yes, the US has had many armed conflicts since WWII, but so has every other country. Wait, what? Every other country?

    You cannot judge a country by how many wars or how many kills, but the motives behind them. And what were the motives behind the USA's recent wars? We know the stated reasons, but when a country invades another and deposes its government based on the existence of weapons that do not actually exist, it calls into question the true motives behind past conflicts.
  4. Re:Only the stupid pay taxes in Brazil by russotto · · Score: 0, Flamebait

    the problem is that they charge a lot, they collect a lot and give almost nothing back. police? marginally effective, but in fact most of the population are scared of them. legal system? any cases take years to even begin being heard. public health system? don't get me started on that. is a s***hole, all capable citizens resort to private health insurance. public schools? horrible, able citizens put their kids on private schools.


    But enough about the US, the subject was Brazil.