Ed Ward, MD
CHAIRMAN OF BARRED ELECTION TESTING LAB DUMPED STOCK, USED "
Tue Jan 9, 2007 19:20
 

 
CHAIRMAN OF BARRED ELECTION TESTING LAB DUMPED STOCK, USED "KINKY TAX TRICKS"

now up at
www.madcowprod.com/01102007.html


The Chairman of the laboratory which the New York Times revealed has been barred last week from approving any new electronic voting machines after federal investigators discovered appallingly haphazard testing regimes at the firm dumped 25,000 common shares of stock in the company less than two weeks before the bad news was announced, netting himself almost $175,000, the MadCowMorningNews has learned.

The bad news from CIBER, which tests the centralized software that local elections offices employ to tabulate votes recorded by the touch-screens, may even affect the outcome of the hotly-contested Congressional decision in Florida's 13th District, reported the Sarasota Herald Tribune in a story on the troubled firm with the headline a a story on the troubled firm headlined "CIBER Inc. at center of District 13 controversy."

CIBER's Chairman also has utilized an ingenious but illegal scheme called the "kinky forward" to avoid paying American taxes.

"It was a sweet deal for Stevenson, whose stock is off 80% since he got the cash. He locked in gains before the tech market tanked, but would not be taxed on his gains until he handed over the shares. Stevenson's deal with Merrill was essentially a prepaid variable forward contract--a "kinky forward," it's been called."

Unmentioned in the New York Times story on CIBER are the firm's strong GOP connections. Employees and spouses donated more than $72,000 to GOP candidates and groups during the 2001-2002 and 2003-2004 election cycles, according to the Center for Responsive politics, a nonpartisan watchdog group.

Scratch the surface, and sleaze oozes from almost every pore of companies in an industry which has been entrusted with American's sacred right to vote.


read the whole story at
The MadCowMorningNews
www.madcowprod.com

Downsize DC, http://www.downsizedc.org/mission.shtml - Read The Bill Act, http://www.downsizedc.org/rtba_legislation.shtml. Many other quick and simple ways to email your voice on Constitutional rights and organizing for activism - https://secure.downsizedc.org/rtba/coalition/.

SAVE AMERICA!
STOP SPENDING AND START SAVING! - CUT THE GDP - MONEY IS THE ONLY THING THE US GOVERNMENT UNDERSTANDS - WHEN THEY START RETURNING THE CONSTITUTION - WE CAN START SPENDING AGAIN.

Dei Jurum Conventus

Ed Ward, MD; http://www.thepriceofliberty.org/arc_ward.htm
Independent writer/Media Liaison for The Price of Liberty; http://www.thepriceofliberty.org/

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