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SCO's new reorganization plan
SCO's new reorganization plan
Posted Feb 15, 2008 5:14 UTC (Fri) by nukem (guest, #41528)Parent article: SCO's new reorganization plan
These guys must have more money than brains.. I've got some gator swamp land in Florida I want to sell them. Obviously they haven't got the brains God Give'a Goose! Nukem
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SCO's new reorganization plan
Posted Feb 15, 2008 6:54 UTC (Fri) by jd (guest, #26381) [Link]
Depends a bit on what they want SCO for. Political purposes? Distraction? Since SCO will have to pay a lot of money out in fines, it's not for obvious investment purposes. If someone wants to get money out, it's not clear how they could do so by orthodox means (biggest debtors get paid first) or why they'd go to the effort just to get back what they put in. Hmmmmm. A way to reduce taxes? Invest in debt to reduce tax liability, perhaps? (Only works if the debt they're buying reduces the taxes they'd have to pay by significantly more than the investment, or by something comparable if they can get the ivestment back before the fines are due.)
SCO's new reorganization plan
Posted Feb 15, 2008 12:38 UTC (Fri) by TxtEdMacs (subscriber, #5983) [Link]
If it were only that benign. That is, only a somewhat honest playing the tax rules. However, these characters are politically connected and seem able to buy the results they seek. More akin to the mob business model that MS tried to emulate. Indeed, Bill G. seems to be involved. Read the Groklaw coverage; it's not pretty. Watching corporations getting special treatment by our new fascist form of government does not fill my mind with confidence. These people and companies have gotten their way in the past. Look at the full course press to give telecom companies immunity for knowingly breaking the law, retroactively. http://www.groklaw.net/article.php?story=20080214125705140
SCO's new reorganization plan
Posted Feb 15, 2008 15:54 UTC (Fri) by tjc (subscriber, #137) [Link]
> Watching corporations getting special treatment by our new fascist form of government does not fill my mind with confidence. Heh. The word 'fascist' is so often used as a pejorative now days that the actual meaning has been forgotten (or never known) by many. God help us if we actually were (any of us) living under a fascist government.
SCO's new reorganization plan
Posted Feb 21, 2008 14:56 UTC (Thu) by lysse (subscriber, #3190) [Link]
"The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism - ownership of government by an individual, by a group, or by any other controlling private power." -- Franklin D Roosevelt, 1938.