SAIC's falls to 4Q loss on cost of payroll scandal BusinessWeek SAIC Inc., which provides technology for government and industrial customers, slid to a fourth-quarter loss as it set aside $308 million more to cover its settlement of New York's CityTime payroll system scandal. A payroll program SAIC developed for ... See all stories on this topic » SAIC's COO comments on CityTime scandal Washington Business Journal (blog) A fraud scandal that was recently settled with the government of New York City reflects on a couple of crooks, not the overall culture of SAIC Inc. , said the McLean-based company's new chief operating officer in an interview with Washington Business ... See all stories on this topic »
Washington Business Journal
states
"A fraud scandal that was recently settled with the government of New York City reflects on a couple of crooks, not the overall culture of SAIC Inc. , said the McLean-based company's new chief operating officer in an interview with Washington Business Journal. "
The street thinks its pretty crappy of SAIC to be calling ANYONE of Crook + that is like Saying they are GUILTY without a trial.....or does even the Street agree with me Suzannah B. Troy that there is a way bigger cover-up for SAIC and NYC Gov top officials and those shareholder law suits and even Gerard Denault's law suit which has been blacked out by everyone one but Suzannah B. Troy -- may be over significance.....?
Are SAIC and Bloomberg and pals so powerful and connected they can get this stuff all blacked out NY and do spin and damage control like Mike Bloomberg's corrupt dealings to push through an illegal third term and he broke campaign laws and committed perjury during Haggerty trial -- a sitting mayor -- more than enough reasons to demand his resignation and Christine Quinn's but that would not be good for the greedy rich stupid people that rule NYC.
Oh look:
SAIC posts loss on CityTime;
outlook cautious MarketWatch Last week, the company reached a settlement with the office of the US Attorney for the Southern District of New York for allegedly defrauding the city of New York into overpaying for CityTime, an automated payroll system that was long delayed and ... See all stories on this topic
» SAIC's falls to 4Q loss on cost of payroll scandal BusinessWeek SAIC Inc., which provides technology for government and industrial customers, slid to a fourth-quarter loss as it set aside $308 million more to cover its settlement of New York's CityTime payroll system scandal. A payroll program SAIC developed for ... See all stories on this topic » SAIC records $308 million loss related to CityTime settlement Washington Post (blog) The company last week announced that it had reached a settlement over CityTime, an employment timekeeping program it managed for New York City. Under the deal with the US Attorney's Office for the Southern District of New York, SAIC pays $500.4 million ... See all stories on this topic
» SAIC's COO comments on CityTime scandal Washington Business Journal (blog) SAIC (NYSE: SAI) released its earnings Tuesday, providing more information about the impact of a fraud and kickback scheme involving its CityTime automated payroll project with New York. The company posted a fourth-quarter loss of $161 million, ... See all stories on this topic » SAIC Announces Financial Results for Fourth Quarter and Fiscal Year 2012 Bradenton Herald As a result of the previously announced CityTime settlement, the Company recorded an additional $308 million loss provision during the fourth quarter of fiscal 2012. Estimates made in the third quarter ended October 31, 2011 were adjusted during the ... See all stories on this topic
» SAIC Slips To Q4 Loss - Update NASDAQ (RTTNews.com) - SAIC Inc. (SAI) Tuesday slipped to a loss for the fourth quarter, hurt mainly by the hefty payment in the CityTime contract settlement. The defense contractor issued its financial outlook for 2013 and also declared a quarterly dividend. See all stories on this topic » Blackbaud Extends Offer To Acquire Convio TheStreet.com (press release) By Business Wire 03/21/12 - 09:04 AM EDT Blackbaud, Inc. (Nasdaq: BLKB) today announced the extension of the expiration of its cash tender offer for all outstanding shares of common stock of Convio, Inc. (Nasdaq: CNVO) to midnight, New York City time, ... See all stories on this topic
» SAIC posts loss, starts dividend Bizjournals.com Excluding a loss provision linked to its CityTime payroll management contract with New York City, revenue would have been $2.85 billion. As part of its settlement over allegations of kickbacks and mismanagement, SAIC admitted to significantly ... See all stories on this topic »
