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CIBER INC. CHAIRMAN DUMPED STOCK BEFORE ELECTION TESTING LAB BARRED

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John Q. Citizen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 11:46 AM
Original message
CIBER INC. CHAIRMAN DUMPED STOCK BEFORE ELECTION TESTING LAB BARRED
http://www.madcowprod.com/01112007.html

WORLD EXCLUSIVE
Jan 11 2006--Venice,FL
by Daniel Hopsicker


The Chairman of the laboratory which the New York Times revealed has been barred from approving electronic voting machines, after federal investigators discovered appallingly haphazard testing protocols at the firm, dumped 25,000 common shares of stock in the company less than two weeks before the bad news was announced, netting himself almost $175,000, the MadCowMorningNews has learned.

In a little-noticed Securities and Exchange Commission filing on Dec. 21,Ciber,Inc Chairman Bobby G. Stevenson reported he sold the shares for about $6.71 apiece. The stock has fallen since.

The bad news from CIBER, which tests the centralized software that local elections offices employ to tabulate votes recorded by the touch-screens, may even affect the outcome of the hotly-contested Congressional decision in Florida’s 13th District, reported the Sarasota Herald Tribune in a story on the troubled firm with the headline a a story on the troubled firm headlined "CIBER Inc. at center of District 13 controversy.”

snip

Adding to suspicion, The MadCowMorningNews has learned that CIBER has been the beneficiary of considerable U.S. Federal Government largesse as well, including a $500,000 contract in 2002 from the North American Aerospace Defense Command; a $4 million multiyear contract from the Federal Deposit Insurance Corp. in 1999; a $23 MILLION Port Security Contract at Port Freeport, Texas, and a five-year $12.6 million contract from a "major aerospace company" in Colorado whose name, CIBER reported, was being “withheld as per the Contract.”

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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 11:49 AM
Response to Original message
1. Martha might wanna offer decorating tips for cells to him
Time for a bit of equality in charging for insider trading. Not just for those who support DEM party anymore!
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AndyA Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 11:51 AM
Response to Original message
2. I think this should just be overlooked.
After all, the pResident of the United States, George W. Bush, did the same thing with his Harken Energy stock, after he'd run that company into the ground.

He walked away clean as a whistle, with money in his pocket, while others lost everything.

What a nice, upstanding, Christian man. :sarcasm:
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Patsy Stone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 12:45 PM
Response to Reply #2
3. Move along
Nothing to see here.

:eyes:
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 06:52 PM
Response to Reply #2
9. Yeah. "It's just business."
Nothing personal.
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 12:57 PM
Response to Original message
4. oh please please please
let this guy and Ciber get roasted and toasted.

they are not nice people to work for, and this is some choice Instant Karma going on right now.
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peacetalksforall Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 01:27 PM
Response to Original message
5. Is this a little new Enron in the making?
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 01:48 PM
Response to Reply #5
7. i worked there too
and i'm thinking your analogy may be apt.
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Peace Patriot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 01:47 PM
Response to Original message
6. This is what I'm talking about! That $3.9 BILLION in boondoggle electronic
voting funds that was used to weaponize our voting system, with the "Help America Vote for Bush Act" of 2002--engineered by the biggest crooks in the Anthrax Congress, Tom Delay and Bob Ney (abetted by corporatist 'Democrats' Christopher Dodd and Terry McAuliffe)--was just the tip of the melting iceberg of vast, nationwide, bipartisan corruption, that has fucked things up so badly that we have the head of elections in Los Angeles and the head of elections in Georgia doing sales brochures for Diebold! The people who are RUNNING our elections, and the people who are WRITING THE LAWS for our elections, are virtually the EMPLOYEES of the corporations that are fucking HACKING our elections for Bushites, warmongers and corporatists. The $3.9 billion was to fast-track that corruption--to embed it so quickly (2002 to 2004) that Americans wouldn't notice, and that it is almost impossible to dislodge.

And the contracts don't stop at the "voting booth" door. They continue. They include contracts to electronically purge black, poor and other Democratic voters from the voting rolls. They include contracts to upgrade, service, replace, add printers to, and otherwise continue to mess with the voting machines and central tabulators. They include contracts to secretly "test" the secretly coded voting machines. They include contracts for electronics in government, in universities, in the military, in the spying agencies. We're not talking about a "mere" $3.9 billion. We're talking hundreds of billions of taxpayer dollars STARTING WITH $3.9 billion right into the pockets of MAJOR BUSH DONORS, campaign chairs and nutball 'christian' billionaires.

And here are just two of them:

DIEBOLD: Until recently, headed by Wally O'Dell, a Bush-Cheney campaign chair and major fundraiser (a Bush "Pioneer," right up there with Ken Lay), who promised in writing to "deliver Ohio's electoral votes to Bush-Cheney in 2004"; and

ES&S: A spinoff of Diebold (similar computer architecture), initially funded by rightwing billionaire Howard Ahmanson, who also gave one million dollars to the extremist 'christian' Chalcedon Foundation (which touts the death penalty for homosexuals, among other things). Diebold and ES&S have an incestuous relationship; until recently, they were run by two brothers, Bob and Todd Urosevich. (One of them just got outa Dodge--can't remember which one.)

These are the people who "counted" 80% of the nation's votes in 2004, under a veil of corporate secrecy. That was the plan. That WAS the coup. That is why the Bush Junta is still in the White House, ESCALATING a war that 70% of the American people want ended, and ripping up the Constitution with assertions of tyrannical power--to spy, to torture, to detain, to spit on the laws passed by Congress, and to place Bush Junta operatives in the court system.

And Ciber Inc. was the private corporation given billions of taxpayer dollars to secretly "test" their secretly coded voting machines, including the ES&S machines in FL-13 that 'disappeared' 18,000 Democratic votes for Congress in 2006, in an election decided by 300 votes.

When the Democratic candidate in FL-13, Christine Jennings, took the matter to court, and requested to review ES&S's "trade secret," proprietary programming code in those machines, ES&S REFUSED! They said it would HURT THEIR BUSINESS! And the Florida judge AGREED with them that the right of the voters to a transparent vote count is TRUMPED BY the "right" of a private corporation to keep its vote counting software SECRET. (The matter is now in Congress.)

And it is THAT secrecy that Ciber Inc. Chairman Bobby G. Stevenson has made so much money off of--the secrecy of "testing" and "certifying" voting machines that steal 18,000 votes in one shot. What we DON'T know--what is hidden from us--is the less dramatic vote stealing, the 5% to 10% "thumb on the scales" against the peoples' choices virtually everywhere in the country, that has so completely screwed up our political system, that you can't figure out who was elected and who wasn't--except by inference of their votes for war and other fascist policies. And when citizens go to their election officials and state legislators, and say, "What the hell is this--secretly programmed voting machines?"--they get blank stares, and MORE secrecy, because the person they're talking to just got promised a "revolving door" job with ES&S after their "public service" is over, or they just voted for Diebold to wire a state university! And even the good Democrats--even the GOOD Democrats--are so frightened of this secret power that they've shut up about it for four straight years, and now intend to fund these bastards with MORE billions to "fix" the election system that they destroyed!

"Houston, we've got a problem." And that ain't no lie!


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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 01:56 PM
Response to Original message
8. Only 6,465,306 shares to go!
Here is the Chairman's trading history.



STEVENSON BOBBY G: Declared Holdings
Company/Relationship Reported Shares Ownership
CIBER INC
Director
NYSE:CBR
(historical quotes, profile, other insiders) 11-Jan-07 6,465,306 Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction ADVERTISEMENT

11-Jan-07 12,500 CBR Automatic Sale at $6.54 per share.
(Proceeds of $81,750)

4-Jan-07 12,500 CBR Automatic Sale at $6.72 per share.
(Proceeds of $84,000)

29-Dec-06 1,843 CBR Acquisition (Non Open Market) at $6.78 per share.
(Value of $12,495)

20-Dec-06 25,000 CBR Automatic Sale at $6.71 per share.
(Proceeds of $167,750)

6-Dec-06 25,000 CBR Automatic Sale at $6.91 per share.
(Proceeds of $172,750)

15-Nov-06 25,000 CBR Automatic Sale at $7.12 per share.
(Proceeds of $178,000)

1-Nov-06 25,000 CBR Automatic Sale at $6.72 per share.
(Proceeds of $168,000)

1-Nov-06 378 CBR Acquisition (Non Open Market) at $6.61 per share.
(Value of $2,498)

18-Oct-06 25,000 CBR Automatic Sale at $7.08 per share.
(Proceeds of $177,000)

4-Oct-06 25,000 CBR Automatic Sale at $6.61 per share.
(Proceeds of $165,250)

20-Sep-06 25,000 CBR Automatic Sale at $6.76 per share.
(Proceeds of $169,000)

6-Sep-06 25,000 CBR Automatic Sale at $6.48 per share.
(Proceeds of $162,000)

16-Aug-06 25,000 CBR Automatic Sale at $6.60 per share.
(Proceeds of $165,000)

8-Aug-06 396 CBR Acquisition (Non Open Market) at $6.30 per share.
(Value of $2,494)

2-Aug-06 25,000 CBR Automatic Sale at $6.44 per share.
(Proceeds of $161,000)

5-Jul-06 20,000 CBR Automatic Sale at $6.45 per share.
(Proceeds of $129,000)

30-Jun-06 1,896 CBR Acquisition (Non Open Market) at $6.59 per share.
(Value of $12,494)

7-Jun-06 20,000 CBR Automatic Sale at $6.34 per share.
(Proceeds of $126,800)

17-May-06 20,000 CBR Automatic Sale at $6.28 per share.
(Proceeds of $125,600)

2-May-06 366 CBR Acquisition (Non Open Market) at $6.83 per share.
(Value of $2,499)

23-Feb-06 426 CBR Acquisition (Non Open Market) at $5.86 per share.
(Value of $2,496)

30-Dec-05 1,893 CBR Acquisition (Non Open Market) at $6.60 per share.
(Value of $12,493)

16-Nov-05 25,000 CBR Purchase at $5.90 per share.
(Cost of $147,500)

14-Nov-05 25,000 CBR Purchase at $6.07 per share.
(Cost of $151,750)

2-Nov-05 384 CBR Acquisition (Non Open Market) at $6.50 per share.
(Value of $2,496)

2-Aug-05 320 CBR Acquisition (Non Open Market) at $7.80 per share.
(Value of $2,496)

30-Jun-05 1,566 CBR Acquisition (Non Open Market) at $7.98 per share.
(Value of $12,496)

3-May-05 326 CBR Acquisition (Non Open Market) at $7.66 per share.
(Value of $2,497)

23-Feb-05 334 CBR Acquisition (Non Open Market) at $7.48 per share.
(Value of $2,498)


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GuvWurld Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-18-07 09:33 PM
Response to Original message
10. Maybe they were never really a testing firm at all
isn't this what a government "cut out" is? like a front, meant to add the appearance of legitimacy to the racket.
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-19-07 03:46 PM
Response to Reply #10
11. they're a for-real IT consulting company
so projects like this "testing" would fall under their business umbrella.
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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-19-07 04:09 PM
Response to Original message
12. not a stock market analyst, but
does selling 20-25K shares here and there qualify as
dumping stock, when the guy still owns 6,465,306 shares?
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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-19-07 04:16 PM
Response to Original message
13. Banned Ciber Lab has merged with Wyle Lab
Now this looks bad.




Voting Machine Test Lab Merger Despite EAC Ban on Ciber
puts Wyle Lab Partnership in Question

By Michael Richardson
January 19, 2007

...EAC regulatory staff might just want to peek at Ciber's website
where they will discover that the banned Ciber lab has merged its
testing division with EAC approved Wyle lab. Ciber boasts,
"The CIBER-Wyle team is your single source for independent voting
machine testing...."
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galloglas Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-20-07 01:58 AM
Response to Original message
14. Has this CIBER sucker been charged yet???
Or does he have one of the "corruption friendly" prosecutors, appointed by Bush, to hear his case?

Any dayes on this. I'dd like a front row seat.




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