Homeland Security bans IBM indefinitely from US Federal Contracts
Dav says: "The Feds have just banned IBM as a vendor, across the board: '"IBM and its subsidiaries are barred from receiving any new government contracts, new orders under existing contracts or purchase card transactions, according to a March 28 e-mail the Homeland Security Department’s Office of Procurement Operations circulated to procurement officials.' The ban seems to stem from "improperly obtained information about a contract [IBM] was bidding on from EPA employees. Link IBM is down just 1% in after hours trading Dav says: "The Feds have just banned IBM as a vendor, across the board: '"IBM and its subsidiaries are barred from receiving any new government contracts, new orders under existing contracts or purchase card transactions, according to a March 28 e-mail the Homeland Security Department’s Office of Procurement Operations circulated to procurement officials.' The ban seems to stem from "improperly obtained information about a contract [IBM] was bidding on from EPA employees.
Posted Mar 31, 2008
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Boing Boing
Responses to this thread:
Jim Cowie:
the april fool's backstory would be "lenovo makes hostile takeover bid for ibm; usgov rattles sabers in response"
jessica:
notgneiss:
I followed up on WSJ. It's real. But new federal contracts are only 1% of IBM's annual revenue, and this looks temporary...
todd:
this is a pretty big deal. it's surprising that IBM did this. even more surprising that they got caught.
