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12.16.08

Quote of the Day: Speaking of Ponzi/Pyramid Schemes

Posted in Finance, Fraud, Microsoft, Quote at 11:39 am by Dr. Roy Schestowitz

“Many believe that the stock market crash of 1929 caused the Great Depression yet history clearly shows that it was instead simply bad government policy that was manipulated by leaders such as Insull. Today many now fear a similar stock market crash but in reality the economy is very strong and, if we can reform this pyramid at Microsoft, the overall market should not need to correct more than 20 percent.

[...]

“Microsoft’s perspective is best reflected by Bob Herbold, Chief Operating Officer, to whom the CFO reports. Bob very sincerely replied, “Bill, everyone is doing it.” My response was that Microsoft is a leader and that others are now seeking to emulate these fraudulent practices they have legitimized. Naturally Bob was not pleased by this perspective and that was our final conversation. A second informal response came when Microsoft asked PR Newswire to stop issuing my press releases.

“Microsoft is PR Newswire’s largest client.”

–Bill Parish

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A Single Comment

  1. G. Michaels said,

    December 16, 2008 at 5:09 pm

    Gravatar

    … Microsoft tries to drive its critics into a state of desperation. It’s not so funny when you see victims of this and you see this more vividly in Microsoft’s leaks (the Slog) … This is a similar strategy, based on what I am told, to what the government tried to do to those resisting unnecessary wars. Ruining their name, driving them insane or driving them to suicide. I sense that what Reiser did relates to this

    - Roy Schestowitz

    Completely unrelated as well, but fun in a weird kind of way :)

    Note: writer of this comment adds absolutely nothing but stalking and personal attacks against readers, as documented here.

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