October 7, 2006
Raj
The NY Times is reporting that sentencing for Sanjay Kumar, former head of CA, is being delayed again to October 30 in order to allow prosecution to enter into testimony the amount of “economic harm” caused by Kumar’s actions that resulted in a $2.2B accounting scandal.
The public has no sympathy, nor should they, for former executives that strived to line their own pockets while cheating the stakeholders.