News for hackers. Stuff that matters.
Re:Goldman Sachs and the $580 Million Black Hole by gabriel on Sunday July 15, 2012 @10:14AM (#4246983)
Dragon CFO Ellen Chamberlain was from Seagate.
Re:Goldman Sachs and the $580 Million Black Hole by writetoalok on Sunday July 15, 2012 @10:39AM (#4247024)
And they still lost 20% of $580 million ...
Re:Goldman Sachs and the $580 Million Black Hole by gojomo on Sunday July 15, 2012 @01:42PM (#4247492)
Are we sure Seagate didn't sell or otherwise collar the value of their stake soon after the acquisition? According to the article, there were about 60 days before the scandal erupted:

"The deal closed on June 7. By Aug. 8, the merged companies were in crisis amid reports that L.& H. had cooked its books."