For our 1000th post here on VizWorld I wanted something special. I was just looking over the SGI Legal Documents we uncovered a while back, and saw alot has been updated. There’s a few new motions from Eliot Bernstein and others, and many notices of serves, but just today they’ve added several Monthly Operating reports for various divisions of SGI and Cray Research. Most of them are blank and fairly dull, except for Docket #419, “Monthly Operating Report for Silicon Graphics, Inc for the Period April1-24, 2009”. It actually contains numbers, including the following impressive chart of executive payments for the period:
If I’m reading that correct, and I’m neither a Lawyer nor an Accountant, the CEO’s are still pulling in $30k a month as the company circles the drain. Also in the document is the amount paid and owed to various companies involved in the bankruptcy proceedings and restructuring (showing a startling amount of money still owed),
linda chatman thomsen was the SEC lawyer who ignored the red flags on madoff for 6 years. she was recruited back to davis polk after the sgi bankruptcy filing by iviewit??
anyone notice the davis polk firm got almost $750,000 in the weeks before the bankruptcy by sgi on april 1, 2009 and how davis polk represents both sgi and lockheed martin? both companies appear at the heart of the eliot bernstein and iviewit saga. anyone notice how the wall street journal reported on april 13, 2009 days after eliot bernstein filed in the sgi bankruptcy how the davis polk firm went out and recruited lawyer linda chatman thomsen back to the firm, the same lawyer who botched it for the last 6 years on madoff ponzi scheme?