[ale] SCO fires CEO Darl McBride, architect of litigation strategy
aaron
aaron at pd.org
Wed Oct 21 11:08:43 EDT 2009
On 2009, Oct, 21, , at 9:51 AM, Charles Shapiro wrote:
> Oh this is priceless. The man **still** has dreams of
> Billions getting us to pay to use linux. After getting
> Fired, he wrote a letter to the current SCO Chapter 11
> trustee (that's the guy who fired him).
Greed and arrogance are the distilled essence of evil.
This troll McBride embodies both in megaton abundance.
Given the way these evils have been promoted as the social
ideal for the past 30 years, I'm sure next week we'll
hear that he's been invited to scorch new ground as a Wall
Street financial executive or manage a claim denial death
panel for some corporate insurance monopoly.
peace
aaron
> Here's an excerpt from groklaw:
> ***
> SCO's expert witnesses have given strong support of SCO's
> claims that the Linux operating environment has misused
> SCO intellectual property. There are over 20,000,000 Linux
> servers worldwide that SCO now has the opportunity to provide
> licensing support. SCO's license price for its IP is $699.
> The total market opportunity for this licensing program
> worldwide is $14 Billion dollars. A quick, cheap settlement
> with IBM would totally bury this significant financial
> opportunity for SCO. [Remainder of paragraph redacted for
> confidential information].
>
> Options
>
> Where do we go from here? While I obviously disagree on
> some key decisions that your office has taken in the SCO case,
> I believe that there is an opportunity for a win/win from where
> we currently stand. It has to do with the SCOsource licensing
> program. I believe that the value that I provide to SCO as CEO
> is significant. I believe that my $127/hr rate is, at a minimum,
> more valuable to SCO than the $500/hr that the bean counters
> at OPA [Ocean Park Associates] are billing SCO. But, if you
> disagree with me and feel that I should step down as CEO, then
> I would propose that you shift my role to be the senior licensing
> executive over the SCOsource program. I would agree to a comp
> plan that would be heavy on performance incentives and much
> lower on base salary. I also know without a doubt that I can
> help you raise capital into SCO given the recent positive 10th
> Circuit ruling. This could be a side project. The million or
> so dollars that you want Ralph Yarro [former chairman of SCO]
> and other shareholders to contribute in the form of a DIP
> [debtor-in-possession] loan may pay Blank Rome/OPA fees but
> it's not going to solve the broader issue of ensuring that
> creditors are paid in full and allowing the SCO cases to
> go to trial.
>
> In the final analysis, if you believe that you want to go at
> the SCO battle alone without my services at all, then I will
> take the necessary actions to protect the interests of all SCO
> estate stakeholders. Those interests don't include winding the
> company down and settling the legal cases for pennies on the
> dollar for what they are worth.
>
> ***
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