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Journal m0smithslash's Journal: Software Development - Feb 2004, Vol 12, No. 2 3

State of the Scam

Somehow, in an era of Enron, Arthur Andersen, Martha Stewart and other big fraud cases, Utah is singled out for being the fraud capitol of the world. Why, well, there were the Olympics. Of course, its being going on for some time and Utah was the only ones willing to do something about it. Polygamy? Doesn't seem like fraud but just a reason to bach Utah. Bonneville Pacific? Of course this sort of thing never happens anywhere else.

SCO? Nice but again not endemic to Utah. The Lawyers have a substantial holding in the company and thus have a vested interest in propping up the perceived stock value or selling the company for more than the company may be really worth. The officers at SCO have a classic "pump and dump" scam going. SCO bought Vultus, although no indication of what Vultus is is mentioned.

Conlcusion, open source will survive and the lawyers and officers will get rich.

From Vultus.com

Vultus speeds the adoption of best-of-breed web applications that greatly enhance corporate internet strategies. Our technology provides a flexible, secure platform to facilitate closer business relationships with new and existing customers, suppliers and partners. Vultus products are designed to extend long-term IT and business ROI for our customers by adhering to the latest industry protocols

Oh, now I see why they were bought. They are completely buzzword compliant.

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Software Development - Feb 2004, Vol 12, No. 2

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