Bottom Of The Barrel

I need a friend like this

Cognos ULC, and its sales agent, Joseph Lally gave more than $1.8 million in previously undisclosed payments to three promient Boston businessmen. These men, longtime legal associate [and office mate] Steven J. Topazio, accountant and former campaign treasurer Richard D. Vitale and DiMasi confidant Richard W. McDonough, all are close freinds and business assocaites of House Speaker Salvatore F. DiMasi. They each received monies classified as lobbying fees were never reported to the Massachusetts secretary of state's office, which requires these be publicly disclosed. Interestingly enough, these payments coincided with the award of multimillion-dollar contracts from the state. OUt of all of the payments, the biggest single payday for Vitale and McDonough was Aug. 31, 2007, the same day the state wired $13 million to Cognos for a statewide technology contract, the largest in the company's history.

I wonder if the IRS is going to join into the on going state investigation into the comapny and these men? I wonder if DiMasi will get caught up in all of this? I guess our current troubled economic times does not include large software companies who have the money to pave the way to state contracts. Wonder what they could have done with that 1.8 million instead of buying off people in Boston for contract? Perhaps it was a good investment, now if the state could only keep it's hands out of the cookie jar and do business straight, we all might just be a better state for it.

Labels: Going out of business

posted by TheWino @ 10:52 AM