Billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by Hewlett Packard. In other words, its fraud. After autonomys founder and ceo Michael Lynch was fired by meg whitman, sources close to the company tell me a Senior Executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. Hp began an investigation and concluded that these accounting improprieties inflated the value by 5. 3 billion. The ceo then relied on audited financials when making a bid to buy the company. Those financials were audited but there were plenty of investors out there who questioned autonomys growth rate. Sources close to the company allege that autonomy pursued a number of avenues to make margins, growth rate and overall value appear far higher than it actually was. The company was selling computer hardware. Desk top computers, its a Software Company at a loss to supplemen
He has been on the floor for 5. 5 hours. We will show you some of his speech over the next couple of hours. You can continue to watch it on cspan two. We have put up a poll. Speech ond cruzs defunding obamacare. Here is the poll. Do you support ted cruz as he speaks in the u. S. Senate to defund Health Care Law . 1225 are in support voting against 394. We will also give you a choice chance to weigh in on twitter. Were also looking at some of the congressional reporters. This could be a late night up at capitol hill. It was a tweet a short while ago ed okeefe. The way you join that conversation is the cspan tage page. The senate takes its first procedural vote on the stopgap bill. Wednesday will vote and likely overwhelmingly to limit the spending bill. We will get to the u. N. Speeches just a it later on. Back to the senate, ted cruz cruzs speech. One thing we learned from henry that it willts is be short. Comments. Nator reeds we will hear from the republican leader after that. The se
Secretary perry, and epa administrator pruitt, for their work to help to United States achieve true energy dominance. We have made so much progress just with respect to energy in the last four months. Its been an incredible journey. We have learned a lot and we have made a lot. Were here to talk about how we can create new prosperity for our citiy citizens by unlockingt energy reserve. Im proud to have such a large gathering of tribal leaders here at the white house, i look forward to more government to Government Communications about the importance of indian country. We love indian countries. Many of your lands have rich Natural Resources that stand to benefit your people immensely. These untapped resources of wealth can help you build new schools, fix roads, improve your community and create jobs, jobs like you have never seen before, all you want is the freedom to use them, and thats been the problem, its been very difficult, hasnt it . It will be a lot easier now under the trump ad
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