Friday, September 24, 2004

Someone remind me why I'm taking accounting

CEO Sanjay Kumar pleaded not guilty on Thursday in U.S. District Court in Brooklyn, N.Y., to charges of securities fraud and obstruction of justice involving a multi-billion dollar accounting scandal.

Stephen Richards, CA former head of worldwide sales, also pleaded not guilty to charges of fraud and obstruction of justice. The company's former general counsel and a senior vice president, Stephen Woghin, pleaded guilty yesterday to similar charges for his participation in what government officials have described as a companywide accounting fraud scheme.


It's so easy to hide this stuff it's just silly.

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