Tuesday, February 22, 2005

Guilty

Two advertising agency executives were found guilty today of bilking a government client out of as much as $3 million. On a $1 billion account. No word yet if taxpayers can expect a refund check in the mail.

The trial centered around faked timesheets, which should be motivation for some agency somewhere to find a better process for measuring staff time and resources. But don't hold your breath.

UPDATE: The NYPost story contains this delightful bit: "'It's a lousy time to be a financial officer in corporate America,' said Early's attorney," who presumably meant that it's a lousy time to be a lying, cheating, and thieving financial officer in corporate America.

No comments: