Mao-ists Moo Shu LUcifer

09/06/06

The U.S. Securities and Exchange Commission warned Lucent to expect an
"enforcement action" over violations of the Foreign Corrupt Practices
Act by executives at its Chinese operations.

In April 2004, Lucent fired the president, COO, a marketing executive
and a finance manager at its Chinese operations following a company
investigation into the use of bribery by Lucent executives to secure
contracts. The firing of the four executives was the result of FCPA
violations uncovered by Lucent, and was reported to the SEC and the
U.S. Department of Justice.
New! Watch this Network World Webcast - Optimize your WAN, save cash,
and simplify your life: Case studies from the real world

On Tuesday, Lucent reported in an SEC filing that it had received a
Wells notice from the SEC related to violations of the FCPA by Lucent
China. A Wells notice is used to inform a company that SEC staff has
made a preliminary recommendation to take action against it.

The FCPA violations uncovered by Lucent in 2004 did not have a material
impact on the company's business. However, Lucent is not able to
determine whether the ongoing investigation into those violations will
have an impact on the company's operations in China or elsewhere, the
filing said.

<jgrove24@hotmail.com> wrote in message
news:1160520398.726807.56210@m7g2000cwm.googlegrou ps.com...
> 09/06/06
>
> The U.S. Securities and Exchange Commission warned Lucent to expect an
> "enforcement action" over violations of the Foreign Corrupt Practices
> Act by executives at its Chinese operations.
>

Waiting for the return of the Mothership? Have some Kool-Aid.

In article <12ir5rokqlmhi68@corp.supernews.com>, Jim Higgins wrote:

><jgrove24@hotmail.com> wrote in message
> news:1160520398.726807.56210@m7g2000cwm.googlegrou ps.com...
>> 09/06/06
>>
>> The U.S. Securities and Exchange Commission warned Lucent to expect an
>> "enforcement action" over violations of the Foreign Corrupt Practices
>> Act by executives at its Chinese operations.
>>
>
> Waiting for the return of the Mothership? Have some Kool-Aid.

He's just trying to discredit Lucent and he has been for years.

I think firing him was a good move for them.


--
Steve Sobol, Professional Geek ** Java/VB/VC/PHP/Perl ** Linux/*BSD/Windows
Apple Valley, California PGP:0xE3AE35ED

It's all fun and games until someone starts a bonfire in the living room.

Jim Higgins wrote:
> <jgrove24@hotmail.com> wrote in message
> news:1160520398.726807.56210@m7g2000cwm.googlegrou ps.com...
> > 09/06/06
> >
> > The U.S. Securities and Exchange Commission warned Lucent to expect an
> > "enforcement action" over violations of the Foreign Corrupt Practices
> > Act by executives at its Chinese operations.

It takes a major violation for the BushCo SEC to investigate a
swindler,
except for Martha Stewart.

> Waiting for the return of the Mothership? Have some Kool-Aid.

The ACLU warned that Cheney would spy on library records with the
Patriot Act.

JG

jgrove24@hotmail.com wrote:
> Jim Higgins wrote:
> > <jgrove24@hotmail.com> wrote in message
> > news:1160520398.726807.56210@m7g2000cwm.googlegrou ps.com...
> > > 09/06/06
> > >
> > > The U.S. Securities and Exchange Commission warned Lucent to expect an
> > > "enforcement action" over violations of the Foreign Corrupt Practices
> > > Act by executives at its Chinese operations.
>
> It takes a major violation for the BushCo SEC to investigate a
> swindler,
> except for Martha Stewart.

"For the full fiscal year, Lucent earned $527 million, or 11 cents per
share, down from $1.19 billion, or 24 cents per share, in fiscal 2005.
Sales fell 7 percent to $8.80 billion from $9.44 billion in the prior
year."

Note: Lucifer switched its fiscal year to end Sept. 30, and have it
begin in the
normal 4Q, when sales typically peaked, in order for their numbers to
look better.

"Foreign sales dropped 14 percent to $789 million, mainly due to a 37
percent plunge in wireless product sales and much lower sales in the
Asia-Pacific region."

What are these global resources in Mumbai and Peking working on ??? JG

In article <1161896940.393546.63670@h48g2000cwc.googlegroups. com>, jgrove24@hotmail.com wrote:

> "For the full fiscal year, Lucent earned $527 million, or 11 cents per
> share, down from $1.19 billion, or 24 cents per share, in fiscal 2005.
> Sales fell 7 percent to $8.80 billion from $9.44 billion in the prior
> year."

And...? What's your point?

The people who pay Lucent/Alcatel/whatever the MOST money for service
aren't the individuals who are likely to read the newsgroups.

You're constantly offtopic (at least for the carrier newsgroups, perhaps
not so much so for .cdma and .gsm) and when I've pointed that out to you,
you've gotten REALLY nasty with me.

So Lucent fired you. Deal with it. Go get yourself another job already.

> What are these global resources in Mumbai and Peking working on ??? JG

Probably doing more actual work than you are.


--
Steve Sobol, Professional Geek ** Java/VB/VC/PHP/Perl ** Linux/*BSD/Windows
Victorville, California PGP:0xE3AE35ED

It's all fun and games until someone starts a bonfire in the living room.

> > > > The U.S. Securities and Exchange Commission warned Lucent to expect an
> > > > "enforcement action" over violations of the Foreign Corrupt Practices
> > > > Act by executives at its Chinese operations.
> >
> > It takes a major violation for the BushCo SEC to investigate a
> > swindler,
> > except for Martha Stewart.
>
> "For the full fiscal year, Lucent earned $527 million, or 11 cents per
> share, down from $1.19 billion, or 24 cents per share, in fiscal 2005.
> Sales fell 7 percent to $8.80 billion from $9.44 billion in the prior
> year."
>
> Note: Lucifer switched its fiscal year to end Sept. 30, and have it
> begin in the
> normal 4Q, when sales typically peaked, in order for their numbers to
> look better.
>
> "Foreign sales dropped 14 percent to $789 million, mainly due to a 37
> percent plunge in wireless product sales and much lower sales in the
> Asia-Pacific region."
>
> What are these global resources in Mumbai and Peking working on ??? JG

"Outside the U.S., our annual revenues decreased by about $600 million,
and as expected, roughly $500 million of the decrease came from the
combined revenues for China and to a lesser extent India."

Carmela and Frankie know the consequences of depositing a "short"
envelope in New Jersey...Paulie Walnuts