Thu, 25 Jul 2002
Computer Associates Pays to Keep Sam Wyly Quiet
From a NY Times article: "Computer Associates has paid Sam Wyly $10 million, thereby guaranteeing that the company's top officials will be re-elected to the board at this year's annual meeting."
Damn, I think I'll wage a proxy battle for control of CA and see if I can manage to get $10 Million out of the deal. Amazing. I'm not sure how this fits into the whole scheme of business ethics but I don't think CA's going to win any awards for exemplary behavior from the senate subcommittee on business ethics any time soon.
Posted at: 07:17 | permalink
