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. Links 21/4/2015: Project Photon, Ubuntu Touch Buzz

    Links for the day



  2. Embrace, Extend, Extinguish: How Microsoft Plans to Get Rid of Linux/Android

    Microsoft's sheer abuse against Android is laying bare for everyone to see now that Microsoft has paralysed Google's legal department with potential antitrust action in Europe



  3. Yahoo's Current CEO (Mayer, Formerly of Google) is Trying to End Yahoo! Status as Microsoft Proxy

    There are signs of relinquishing Microsoft's control over Yahoo! after Marissa Mayer worked to end the company's suicidal/abusive relationship with Steve Ballmer's Microsoft



  4. Repeating Microsoft's Lies Without Any Journalistic Assessment

    Poor fact-checking by relatively large media/news sites results in Microsoft's patently false claims being repeated uncritically



  5. Links 19/4/2015: New KaOS (2015.04), Manjaro Linux 0.8.13 Pre1

    Links for the day



  6. Links 18/4/2015: ExTiX 15.2, RaspArch

    Links for the day



  7. Microsoft Tired of Pretending to be Nice to Free/Open Source Software (FOSS), Microsoft 'Open' Technologies Dumped

    Microsoft dumps its proxy (misleadingly named 'Open Tech') and other attacks on Free software persist from the inside, often through so-called 'experts' whose agenda is to sell proprietary software



  8. More Translations of French Article About the EPO

    German and Dutch translations of the Le Monde article are now available



  9. Links 17/4/2015: Wipro and the Netherlands Want FOSS

    Links for the day



  10. Microsoft's Multi-Dimensional Assault on Android/Linux: Extortion, Lobbying of Regulators, and Bribes

    Microsoft's vicious war on Linux (and Android in its current incarnation) takes more sophisticated -- albeit illegal (as per the RICO Act) -- forms



  11. Microsoft's Plot to Associate Windows with 'Open Source' is Proving Effective, Despite Being Just a Big Lie

    A look at the latest headlines which can lead to a false perception that Microsoft is now in bed with 'Open Source'



  12. Microsoft Windows Remotely Crashed, Remotely Hijacked, But Still No Logo and No Branding for the Bugs

    Windows maintains its reputation as a back doors haven, but the media is still not highlighting the severity of this issue, instead focusing on accidental bugs in Free software, even very old (and already fixed) bugs



  13. Black Duck's Latest Self-Promotional Propaganda (for Proprietary Software) Still Fools Journalists

    Under the traditionally misleading title "Future of Open Source" Black Duck expresses its desire for proprietary software sales, salivating over fearful managers who may get bamboozled into buying the patents-'protected' Black Duck 'product'



  14. Links 16/4/2015: Opera for 32-bit GNU/Linux, New Chromebook Site

    Links for the day



  15. Links 15/4/2015: Plasma 5.3 Beta, Docker's New Funding

    Links for the day



  16. Microsoft is Still Googlebombing the Term Open Source and Fooling Politicians Who Now Think Microsoft is Open Source

    Microsoft's attempt to assimilate (to confuse) bears some fruit and the Microsoft-linked media plays a considerable role in it



  17. Back Doors/Bug Doors in All Versions of Microsoft Windows Need a Name, a Logo, and Branding Too

    All versions of Microsoft Windows are found to have been insecure since 1997, but the bug responsible for this is not named as candidate for back door access, let alone named (with logo and marketing) like far less severe bugs in Free/libre software such as OpenSSL



  18. OnePlus (or OnePlus Customers) Should Wipe CyanogenMod From Existing Devices and Install Something Else

    A call for OnePlus to reconsider any future updates from Microsoft's Trojan horse, Cyanogen



  19. Links 14/4/2015: 3DR Dronecode, Z1/Z2 Tizen

    Links for the day



  20. Links 13/4/2015: Linux 4.0 Released; A Look at Antergos 2015.04.12

    Links for the day



  21. EFF Uses Alice v. CLS Bank Case to Pressure USPTO to Halt Software Patenting

    A look at recent patent policies and actions from the EFF, as well as increasing secrecy at the USPTO



  22. No, Panasonic Did Not Open-Source Anything (Another Example of Openwashing for PR)

    A dissection of media deception (or media being bamboozled) regarding the act of promising not to sue using patents, which in no way relates to Free/Open Source software



  23. Yes, Software Patents Are Dying, But Media Continues to Be Dominated by Those Denying it For a Salary

    The debate about software patents in this post-Alice era parallels the Net neutrality debate, where voices of people with vested interests contribute to confusion and meddle with largely-accepted views/consensus



  24. Links 12/4/2015: Linux 4.0 Imminent, Semplice 7 Reviewed

    Links for the day



  25. GNU/Linux is Crushing Windows, So Microsoft Leaps Ahead to X+2 Vapourware (Two Versions Ahead Into the Future)

    Microsoft continues to pile up bogus claims and empty promises in an effort to stall migrations to GNU/Linux



  26. The ITC's and US Media's Surprisingly Soft Treatment of Patent Bully Apple

    Despite Apple's history of initiating patent aggression against its competition (mostly Android-backing companies), the US corporate media treats Apple like a victim



  27. Microsoft Continues to Attack (and Tax) Linux Using Software Patents

    Microsoft stabs Linux in the back while it continues to insist that it 'loves' Linux



  28. European Unitary Patent Decision Due 5th of May

    The meta-industry of patent protectionism is debating and pushing forth the Unitary Patent Court, with or without endorsement from the European public



  29. Microsoft is Still Googlebombing 'Open Source'

    Microsoft's massive campaign of deception, obfuscation and misuse of the "Open Source" brand is still on, even a week after it was cleverly started by Condé Nast



  30. Links 11/4/2015: elementary OS Freya, Mageia 5 on the Way

    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