tag:blogger.com,1999:blog-12703782.post7883002572659591573..comments2020-04-11T03:30:02.282-05:00Gary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-12703782.post-90620320726312382492010-10-02T19:08:39.986-05:002010-10-02T19:08:39.986-05:00ENFORCEMENT PROCEEDINGS - SEC Charges Affiliated Computer Services, Inc. With Stock Options Backdating and False Disclosures:<br />&quot;The SEC&#39;s complaint, filed in federal district court in Washington, D.C., alleges that from 1995 to 2006, ACS engaged in a fraudulent and deceptive scheme to provide executives and other employees with undisclosed compensation.&quot;<br />Above is a part of a recent into ACS.<br /><br />Seriously folks let&#39;s get real.<br />Public officials are supposed to be trustees of the commonweal, not political<br />buccaneers seeking their own private gain. But sometimes, in what economists call a<br />principal-agent problem, those trustees forsake that obligation and misuse the power<br />delegated to them in ways that advance their personal interests rather than those of the<br />public.<br />Corruption distorts the allocation of resources toward projects that<br />can generate illicit payoffs. Besides the undesirable efficiency consequences arising<br />from this distortion, the effect is likely to aggravate social inequalities, because the poor and powerless suffer, by definition, a comparative disadvantage in securing special favors.<br />If the $500,000 has to be paid if the City-County Council will not vote for the ACS deal. Pay ACS&#39;s political blackmail scheme and get them out of town. Like all the other commentaries together with articles I&#39;ve been reading have showed, ACS is not the kind of corporation we want in our town. Political blackmail, special interests, conflict of interests, WHERES THE FBI? WHERES THE FEDS?<br />Has anyone ever read ACS Ethical Standards they try to impose on their employees at the welfare office. Their employees aren&#39;t allowed to accept even a Christmas card. Yet the CEO&#39;s and Directors of this company have done just that.<br />ACS is a shameful, unethical, disgraceful hypocrite, not to mention the so called &quot;leaders&quot; of Indianapolis for creating this mess.<br />What an embarassment to our city.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12703782.post-35176367298812269302010-09-09T20:21:51.043-05:002010-09-09T20:21:51.043-05:00I&#39;m with Gary and Paul on this.<br /><br />Abdul is a merger of news making and news reporting.<br /><br />At worst, he&#39;s a running undeclared campaign contribution to the Republicans.Catohttps://www.blogger.com/profile/03341628086158209539noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-39035829966304563202010-09-08T12:29:34.029-05:002010-09-08T12:29:34.029-05:00Mike, I&#39;m with AI on this one. You libertarians need to wake up to the fact that Abdul sold his soul long ago and is nothing more than a shill for a big spending, big government administration. And that&#39;s not even mentioning his questionable ethics.Paul K. Ogdenhttps://www.blogger.com/profile/16137003328850866711noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-76277126525307814142010-09-08T10:59:44.747-05:002010-09-08T10:59:44.747-05:00Uuuhh, let&#39;s see, he advocates police beatings, he published the IndyUndercover blog using the alias Joe Friday as a cover for his paid political side work, his blog outed the identity of a confidential police informant, he lied about the reason his blog was being investigated by police, he claims to be a practicing attorney in Illinois but can&#39;t tell anyone what kind of law he practices, he claims to be an Illinois resident but lives and works in Indianapolis. I could go on, but yep, he&#39;s a controversial figure.Gary R. Welshhttps://www.blogger.com/profile/15185079937305083438noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-44411032258638239222010-09-08T08:52:13.984-05:002010-09-08T08:52:13.984-05:00Why do you insist on using the word &#39;controversial&#39; every time you mention Abdul? I see this blog as &#39;controversial&#39;, and controversial as not a bad thing. It&#39;s a good thing.<br /><br />I wish you guys would end your feud. Every time I see it from either of you, I find it detracting from what you do- which is a shame, because your blog is quite excellent otherwise.Mike Kolehttps://www.blogger.com/profile/17573721231319244630noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-70127431076066153392010-09-08T08:19:43.611-05:002010-09-08T08:19:43.611-05:00AI,<br /><br />I believe the Mayor also said he didn&#39;t know Loftus represented ACS.<br /><br />As far as listening to Abdul&#39;s show, when I hear the Mayor&#39;s going to be on, I try to listen. He always screws up and talks off-script. I&#39;m not a regular listener. The whole &quot;homer&quot; approach to running a radio show gets real old, real fast.Paul K. Ogdenhttps://www.blogger.com/profile/16137003328850866711noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-86269879342785524112010-09-07T20:51:08.948-05:002010-09-07T20:51:08.948-05:00I didn&#39;t say Vaughn works for Ice. I said John works for Ice. Ice represented the City in this parking lease deal, while Barnes represented ACS&#39;s interests in the deal at the same time the firm was under contract to advise Mayor Ballard on other matters. Ballard, of course, says he didn&#39;t know Barnes represented ACS.Gary R. Welshhttps://www.blogger.com/profile/15185079937305083438noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-67906458164804873582010-09-07T19:55:46.479-05:002010-09-07T19:55:46.479-05:00Ryan Vaughn works at Barnes, not Ice?Liberal Hoosierhttps://www.blogger.com/profile/04426520793377123833noreply@blogger.com