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SEC slaps admin order on IBM

IBM has struck a deal with the SEC under which it promises not violate to security laws - not that it's admitting or denying that it’s ever done such a thing in the past. The deal closes an investigation by the SEC sparked by the IT giant’s expensing of equity compensation in its Q1 2005 earnings announcement. That quarter's …

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Yes father

That's like when my father told me "don't let me ever catch you doing that again." I made sure he never did.

Fair enough

SEC: Stop doing that.

IBM: Stop doing what?

SEC: Uh, something illegal.

IBM: We're not doing anything illegal!

SEC: Well, stop doing it anyway.

IBM: Ok.

Anonymous Coward
Anonymous Coward

wow...

what a resounding success. IBM have agreed not to break the law.

most people dont have to agree to not break the law because the punishments make sure its not worth it. but when your big rich and blue you can do what the hell you like and no one will tell you off. they will just advise not to get caught.

very help full

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