Monday, September 12, 2005

techies really are innovative

oracle head honcho came up with a "very innovative settlement by donating $100 million to charity to make up for nearly $1 billion in alleged insider trading.... don't worry the lawyers made $22.5 million.

meanwhile, cisco is trying to wriggle outta accounting rules which would expense those options cisco executive like to give themselves. the sec rejected the plan despite the new supposedly business-friendly chair christopher cox.

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