Are mayor Bloomberg, Mark Page as well as top SAIC officials including those named in shareholder lawsuits over CityTime NYC Gov debacle sweating bullets or they just do not care?
Heard on the street.
Honestly, cutting the 700 employees is 'save your ass' measure post CITYTIME/TRICARE unfinished lawsuit business and of course on the heels Deferred Prosecuation Agreement, loss of huge DOD contract to Lockheed and Company Amoeba split. 100 million savings to trim employees? The washington post chimes in today.
BTW How about those undisclosed legal bills and possible reasonable civil suit settlements? easily top 100 million there?Denaults bill has to be costing SAIC 40 hours a week at 500 an hour, what does that 3rd grader math equal a million a year a least...for ONE top notch lawyer billable hours and dragging our years.
