EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

07.05.10

More Microsoft Staff Quits, Microsoft Shares Fall, Pequot Fraud Revisited (Whistleblower Compensated)

Posted in Finance, Fraud, Microsoft at 5:45 am by Dr. Roy Schestowitz

Whistle

Summary: Bad news for Microsoft, ranging from the departure of Rebecca Norlander to a collapse in value and the reminder of further layoffs/offshoring

THIS news is indirectly related to the death of KIN. It helps show just how vulnerable Microsoft really is.

Now that Allard is out [1, 2, 3] his wife is leaving too. She was the online-ads leader, according to the boosters:

Rebecca Norlander, a partner engineering manager with Microsoft’s online advertising business, has left the company along with her husband, former Xbox guru J Allard.

Mary Jo Foley wrote about this too:

When I spoke last month with Rebecca Norlander — a high-profile Microsoft exec who had done stints in a variety of business units — she was evaluating her next move inside the company.

[...]

Just before resigning, Norlander was talking about new job possibilities with the Entertainment and Devices unit, among others divisions at Microsoft, she said. She also was having conversations with the SQL Server and Windows teams about potential opportunities.

Only about 3-5 days ago we have been in E-mail contact with a Microsoft veteran (almost 30 years) who was friends with J Allard and Bill Gates. He struggled to explain to us Allard’s departure, which some say was a sacking, not a quitting.

Microsoft has lost many executives recently. The leadership is weak and Microsoft implodes from within. “100 Index Posts Record Losing Streak as Microsoft Slumps,” said BusinessWeek some days ago:

The measure, which gets 63 percent of its value from computer-related companies such as Microsoft Corp. and Apple Inc., has declined 9.7 percent after slumping 10 consecutive days. Microsoft has tumbled 26 percent since peaking on April 22, while Apple has fallen 9.9 percent in two weeks.

Now is a bad time to be a Microsoft investor, unless one has inside information from Microsoft. Pequot Capital criminally got that privilege [1, 2], which allowed it to fraudulently make money from Microsoft’s stock. The SEC’s incompetence is now costing people a fortune and one employee gets compensated for an unjust firing. It’s a Pequot whistleblower.

From Murdoch’s press:

In May, after new information surfaced in a divorce case, Pequot founder Arthur Samberg agreed, without admitting or denying wrongdoing, to pay $28 million to settle allegations he engaged in insider trading of Microsoft stock.

More here:

Last month Pequot, which abruptly went out of business in 2009, agreed to pay $28 million to settle regulators claims that it illegally used inside information to trade Microsoft Corp shares.

It’s a sign of rotten systems. Watch how they penalise those who seek justice:

The U.S. Securities and Exchange Commission will pay $755,000 to a former enforcement attorney who said the agency unjustly fired him after he tried to investigate insider-trading allegations involving former Morgan Stanley Chief Executive Officer John Mack.

Speaking of whistleblowers, Microsoft fired a whistleblower for saying the truth and bribed another fired whistleblower to drop allegations of Microsoft fraud. Microsoft is a corrupt company, so it’s only its nature to operate in this way. Eric Savitz, one of the key boosters of Microsoft's stock, is still sticking with the same agenda. It would be interesting to know if he has had shares in Microsoft (MSFT).

For those who do not know, Microsoft’s divisions are suffering at many levels; allegedly, they still quietly lay employees off (without disclosure). The “KIN” team would be one obvious area.

“Microsoft and Honda executives dole out advice on cutting jobs,” says this news headline from the Telegraph. Microsoft must be the expert, having dealt with many larger-scale layoffs recently.

Gordon Frazer, managing director of Microsoft, said: “With hindsight, people understood what was going on long before we made any announcement. The sooner you can tell them ‘this is how it is going to affect you and your job’, the better.”

Microsoft does not have to publicly announce layoffs (not even to shareholders) if the process is slow and gradual and if the jobs are moved to cheaper places, as we shall show later.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

2 Comments

  1. gnufreex said,

    July 6, 2010 at 2:35 pm

    Gravatar

    I see employees leaving Microsoft as danger for Free Software. Where are they going to go? To another company to lobby against Free Software or maybe found a patent trolling company. Some of them will found fake open source/core companies to compete with true open source ones. For example: Mind Touch, Likewise, OpenLogic…

    Dr. Roy Schestowitz Reply:

    …Centrify, Black Duck…

    The point that you raised is one that I stress a lot.

What Else is New


  1. How Patent Lawyers Analyze Alice v. CLS Bank

    Breaking down a patent lawyer's analysis of a Supreme Court's decision that seemingly invalidated hundreds of thousands of software patents



  2. Is It Google's Turn to Head the USPTO Corporation?

    The industry-led USPTO continues to be coordinated by some of its biggest clients, despite issues associated with conflicting interests



  3. The EPO's Public Relations Disaster Amid Distrust From Within (and EPO Communications Chief Leaves): Part VII

    Amid unrest and suspicion of misconduct in the EPO's management (ongoing for months if not years), Transparency International steps in, but the EPO's management completely ignores Transparency International, refusing to collaborate; the PR chief of the EPO is apparently being pushed out in the mean time



  4. Links 18/10/2014: Debian Plans for Init Systems, Tails 1.2

    Links for the day



  5. Links 18/10/2014: New ELive, Android Expansion

    Links for the day



  6. Another Fresh Blow to Software Patents (and With Them Patent Trolls)

    Another new development shows that more burden of proof is to be put on the litigant, thus discouraging the most infamous serial patent aggressors and reducing the incentive to settle with a payment out of court



  7. Links 16/10/2014: New Android, SSL 3.0 Flaw

    Links for the day



  8. How the Corporate Press Deceives and Sells Microsoft Agenda

    Various new examples of media propaganda that distorts or makes up the facts (bias/lies by omission/selection) and where this is all coming from



  9. Vista 10 is Still Vapourware, But We Already Know It Will Increase Surveillance on Its Users and Contain Malicious Back Doors

    The villainous company which makes insecure-by-design operating systems will continue to do so, but in the mean time the corporate press covers only bugs in FOSS, not back doors in proprietary software



  10. Links 15/10/2014: KDE Plasma 5.1 is Out, GOG Reaches 100-Title Mark

    Links for the day



  11. With .NET Foundation Affiliation Xamarin is Another Step Closer to Being Absorbed by Microsoft

    Xamarin is not even trying to pretend that separation exists between Microsoft and its work; yet another collaboration is announced



  12. The EPO's Protection Triangle of Battistelli, Kongstad, and Topić: Part VI

    Jesper Kongstad, Benoît Battistelli, and Zeljko Topić are uncomfortably close personally and professionally, so suspicions arise that nepotism and protectionism play a negative role that negatively affects the European public



  13. Corporate Media Confirms the Demise of Software Patents in the United States; Will India and Europe Follow?

    It has become increasingly official that software patents are being weakened in the United States' USPTO as well as the courts; will software leaders such as India and Europe stop trying to imitate the old USPTO?



  14. Links 14/10/2014: CAINE 6, New RHEL, Dronecode

    Links for the day



  15. Microsoft's Disdain for Women Steals the Show at a Women's Event

    Steve Ballmer's successor, Satya Nadella, is still too tactless to lie to the audience, having been given --through subversive means -- a platform at a conference that should have shunned Microsoft, a famously misogynistic company



  16. SCOTUS May Soon Put an End to the 'Copyrights on APIs' Question While Proprietary Giants Continue to Harass Android/Linux in Every Way Conceivable

    Google takes its fight over API freedom to the Supreme Court in the Unites States and it also takes that longstanding patent harassment from the Microsoft- and Apple-backed troll (Rockstar) out of East Texas



  17. Patent Lawsuits Almost Halved After SCOTUS Ruling on 'Abstract' Software Patents

    The barrier for acceptance of software patent applications is raised in the United States and patent lawsuits, many of which involve software these days, are down very sharply, based on new figures from Lex Machina



  18. Links 13/10/2014: ChromeOS and EXT, Debian Resists Systemd Domination

    Links for the day



  19. Links 12/10/2014: Blackphone Tablet, Sony's Firefox OS Port

    Links for the day



  20. Links 9/10/2014: Free Software in Germany, Lenovo Tablets With Android

    Links for the day



  21. Links 8/10/2014: A Lot of Linux+AMD News, New ROSA Desktop Is Out

    Links for the day



  22. Lawyers' Propaganda About Software Patents and a New AstroTurf Entity Called Innovation Alliance

    Patent propaganda and deception from patent lawyers (among other parasites such as patent trolls) continues to flood the Web, intersecting with reports that prove them totally wrong



  23. How Microsoft Handles Disasters: Grace Hopper Conference Has Been Infiltrated by "Microsoft Disaster Response"

    Free/Open Source software (FOSS) must be a disaster to Microsoft's bottom line because Microsoft is sending "Microsoft Disaster Response" to infiltrate and disrupt a conference about women in FOSS



  24. Links 8/10/2014: Gummersbach Moves to GNU/Linux, Docker Acquires Koality, KDE Frameworks 5.3

    Links for the day



  25. Links 7/10/2014: CAINE 6.0, PC-BSD 10.0.3

    Links for the day



  26. Benoît Battistelli's Balkan Standards in EPO: Part V

    How the European Patent Office facilitated the inclusion of previously-connected elements that are best known for misconduct and dirty politics



  27. Symptoms of Post-x86 Era: Even Intel Apologists Turn Against Bribes-Dependent Intel While Microsoft Continues to Deceive Journalists on Patents in Order to Create a Scare

    The Wintel press, which is bribed by companies that it covers, is challenged by prominent developers and Microsoft continues to plant its patent propaganda in the Wintel-centric (and paid) press



  28. Microsoft Reinforces Its Criminal Organisation Status by Bribing and Corrupting More Officials, Even in Europe

    More criminal activity from Microsoft in Romania and a new TV programme that sheds light on Microsoft's dirty assault on Free software in France



  29. Links 6/10/2014: Linux 3.17, OpenELEC 4.2.1, FreeBSD 10.1 RC1, Debian 8.0 Beta 2 Released

    Links for the day



  30. Links 4/10/2014: WebOS is Back

    Links for the day


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts