IBM

  • IBM, IRS, taxes

    Tax Man Wipes Out Killer Bees

    So the Internal Revenue Service has shut down the Killer B, the tax shelter that has helped fuel the stock buyback programs of many companies with foreign earnings, proving once again that the first rule of Tax Shelter Club is “Do Not Talk About Tax Shelter Club.” The Killer B, named for a provision of […]

    / Jun 7, 2007 at 3:18 PM
  • IBM, SEC

    IBM uses phony chart, makes up earning’s guidance, is slapped on wrist

    IBM settled with the SEC, without admitting any wrongdoing, over charges that it deliberately used a misleading chart (pictured) in a 2005 earnings call. The IBM chart in question portrayed the impact of expensing employee stock options on EPS in 2005. IBM said in the chart that the negative impact of expensing employee stock options […]

    / Jun 6, 2007 at 11:51 AM
  • IBM

    IBM does not support our troops

    Just when you thought IBM’s strain of red, white, and at least Blue ran a little Deeper, the company refuses to give the brave men and women who fight overseas a chance to succeed in corporate America. IBM faces a $5mm lawsuit for firing Vietnam War veteran James Pacenza for treating his post-traumatic stress disorder. […]

    / May 25, 2007 at 11:50 AM
  • IBM

    Interview Horror Stories

    It’s not exactly clear why certain articles have to be packaged as “service journalism” when they are clearly schadenfreude journalism. Is there some rule they teach you in journalism school that says we can’t laugh at others unless we package it with practical advice? Luckily, no-one at DealBreaker HQ ever went to journalism school, so […]

    / Jun 9, 2006 at 3:43 PM

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