CityTime the sounds of silence as we hear NOTHING! Between SAIC and Mike Bloomberg you would think we never had the largest White Collar Crimes EVER in NYC gov. and all under Bloomberg and yes I am including ECTP, the 911 tech system, many board of ed deals and plenty others which I guess from The White House to Albany to NYC gov. that is the way it has been for way too long with greedy companies getting no bid contracts as in the fix was in and licking their lips because they knew they could bill what they wanted....
this time around the systems were just too flawed and people got too greedy lying on their time sheets and with Spherion to the tune of 80 million dollars.
Mike said we would get the 80 mill back but we haven’t so is Mike going to make up the difference out of his personal fortune? I think we got 26 or 28 million dollars back.
Since the Spherion 80 million theft which was by consultants supposedly doing “quality control” hardee har on SAIC and CityTime 3 people have been able to get on planes and fly away to countries where we do not have extradition! Nice huh. How does that happen. You think with terrorist concerns and tech we could have prevented suspects from just getting on planes?
SAIC and Bloomberg want what I dubbed the Tax Payer’s Titanic to vanish. Bloomberg wants the Haggerty trial with Sept. 12 start date to vanish.
The problem is lots of people have been laid-off from NYC gov. job and there may be 500 more coming of middle class to poor New Yorkers.
http://www.nydailynews.com/ny_local/2011/08/26/2011-08-26_doe_layoffs_hit_poor_areas_hardest.html
Greed and stupidity by men with fancy college degrees brought down Wall Street and also brokered the criminal illegal bail-out with no pay back and how about with interest and Bloomberg too has rewarded a culture of failure with TAX PAYER money and than honest innocent workers were and are slated to be laid-off while Bloomberg protects Steve Rattner and how many others in management along with the new Goldsmith scandal.....?
http://suzannahbtroy.blogspot.com/2011/06/did-commissioner-lilliam-barrios-paoli.html
Who signed off on Karen Shaffer’s time sheets and why was Karen Shaffer not arrested and asked to return the tax payer money she stole? You steal 22,000 dollars do you not have to repay 22,000?
Hello? I have to constantly ask myself if this is really happening and stay tuned for Dave Paterson and Elliot Spitzer Tuesday.
Showing posts with label SAIC CityTime. Show all posts
Showing posts with label SAIC CityTime. Show all posts
Saturday, September 3, 2011
Monday, June 6, 2011
SAIC Files FORM 8-k w/Secretary of State Which Publically Addresses Criminal Investigation Into CityTime and risk to SAIC losing $ as well? Look!
http://mayorbloombergkingofnewyork.blogspot.com/2011/06/citytime-saic-regulation-fd-disclosure.html
I published this the other day but let’s rewind and take another look
HUGE>>>>>>>SAIC files FORM 8-k with Secretary of State which publically addresses the criminal investigation Into City Time. the potential "material" risks to Saic's financial consolidated financial position. Materialin layman terms means exposure to risk or subtantial losses, significat.
An excerpt from the report....
The City has not filed any claim against the Company or otherwise requested reimbursement or return of payments previously made to the Company and the Company has not recorded any liabilities relating to this contract other than the approximately $2.5 million it offered to refund. However, there is a reasonable possibility of additional exposure to loss that is not currently estimable if there is an adverse outcome. An adverse outcome of any of these investigations may result in non-payment of amounts owed to the Company, a demand for reimbursement of other amounts previously received by the Company under the contract, claims for additional damages, and/or fines and penalties, which could have a material adverse effect on the Company’s consolidated financial position, results of operations and cash flows.
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