Autonomy: One Chapter Closes but the Saga Continues
August 27, 2020
Just a quick pointer to Reuters, the trusted source (that’s what the Thomson Reuters outfit says, believe me) story “Ex-Autonomy CFO’s Conviction for Hewlett-Packard Fraud Is Upheld by U.S. Appeals Court” about an Autonomy executive. The news report states that Autonomy’s CFO is in deeper legal hot water. Sushovan Hussain was convicted in April 2018 on a number of charges, including wire and security fraud. DarkCyber still marvels that Hewlett Packard, the Board of Directors, auditors, and third party advisors applied “warp speed,” to use a popular phrase, to buy the search and content processing company for $11.1 billion. One fact is unchallengeable: This legal process is moving along at turtle speed. Is the HP Autonomy saga well suited for a Quibi video?
Stephen E Arnold, August 27, 2020