Thread: M&a
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Deschodt Deschodt is online now
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Join Date: Oct 2004
Location: CA
Posts: 5,957
Quote:
Originally Posted by Craig T View Post
Your #2 didn't go to jail because of the merger of the two companies. Your #2 went to jail because he was a crook and did something illegal.
I know... I was echoeing the point CA was a "bad company" since it was quoted ("Companies that grow mostly through acquisitions are usually bad companies. Banks, Computer Associates, and Comcast come to mind.")...

He went to jail for their accounting practices... When they introduced us to those "delayed and gradual accounting of software sales" we all thought "this cannot be legal", and we were just software people, not accountants... Sure enough, it wasn't ;-)
Old 11-02-2017, 01:51 PM
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