Quote to Note: IBM, Financial Allegations, and the SEC
March 21, 2011
I read “SEC Sues IBM for Alleged Bribery in Korea, China.” I duly note the “alleged.” I also note the countries: Korea and China. The SEC after napping through the Madoff years is now tracking what appears to be a decade long fancy dance. No problem on my side of the goose pond. My few dealings with IBM have been interesting. These range from IBM’s inability in 1981 to get STAIRS III to work thus necessitating some help from my team to get ITIRC search system to search and retrieval to a more recent IBM email saying, in effect, “Hey, thanks for including us in your Search Wizards Speak series. Then a funeral, a wedding, a new dog, a small fire, and some over spiced food caused that assurance to vaporize. Standard operating procedure for the goose.
In the referenced article, here’s the quote I liked which was in the context of the allegations of financial tangos:
IBM insists on the highest ethical standards in the conduct of its business and requires all employees to follow its policies and procedures for conducting business.
Got it. Noted. Memorized. Good to know after a “disgorgement”, which I think means “fine” or “payment”, of about $5.3 million. Life is simpler here in Harrod’s Creek. And to think that I thought was all IBM all the time. I heard a rumor that Watson sits on OmniFind which is open source and free Lucene. Fascinating collision of Jeopardy PR and this eWeek story of alleged disgorgements. I like that word, disgorgements.
Stephen E Arnold, March 21, 2011
Freebie and no a single crust of bread for the goose or the goslings.
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One Response to “Quote to Note: IBM, Financial Allegations, and the SEC”
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I doubt Watson sits on Omnifind, but it has been said that a small part of Watson is a Lucene index – of course there’s a lot more to it.
Lots of people seem to think the Watson project has some relation to enterprise search – I’m not convinced, I think it’s a very specialised project with a single aim – to look good on a TV program.