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CLICK STATE TO SEE:
"WATCH LIST"
Marked with: 
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| Diebold SUCCESS FEES - Curious 2003 G... |
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BBV Admin
Board Administrator
Username: Admin
Post Number: 3093
Registered: 12-2004
Best of Black Box? 
Votes: 2 (A keeper?) | | Posted on Wednesday, January 4, 2006 - 1:19 pm: | 
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Contains a $100,000.00 "unidentified security expense." Also contains a $200,000.00 "additional consulting success fee". The items on this ledger pretty much speak for themselves -- some of the transactions listed are so vague and contain such large even amounts that an appropriate step would be to examine whether this company has paid inappropriate payments.
What would you have to do for these amounts of money? If you do a professional service, how often is your billing "$200,000" flat. What kind of accounting doesn't require a specific payee for such large sums?
The $100,000 is tied into Dix & Eaton, a PR firm. Why PR services would be called an "unidentified security expense" is a good question to begin with. Note that this is a financial statement for the elections subsidiary, not for Diebold Inc., which would tend to rule out things related to the ATM division or any other product line or acquisition. Dix & Eaton may be the entire expense or some of a category of expenses. It is likely that the Dix & Eaton was selected by Diebold Inc., though, because its client list includes Timkin and Diebold (Timken was a Diebold director, both firms from the same area in Ohio).
http://www.bbvdocs.org/moneytrail/2003GL.pdf
(A note to "waste archeologists" [those who rescue important documents from dumpsters] -- As you can see upon close examination, this document was torn in quarters. When you find any document torn into pieces, this indicates that the individual placed a value on it. Out of a dozen bags of trash, there were several documents torn into pieces. For a long time, we thought we wouldn't find the final quarter of this document. We knew it was important, and suddenly -- there it was -- the missing lower right hand corner. It has been taped together so you can see the whole thing.)
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John Howard
Frequent Voting Rights Forum Participant
Username: Harmonyguy
Post Number: 201
Registered: 12-2004
Best of Black Box? N/A
Votes: 0 (A keeper?) | | Posted on Friday, January 6, 2006 - 5:24 am: |
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some of the names on the ledger
MP Guinan = http://www.guinanassociates.com/MPG%20Client%20List.html
Ferey = http://ferey.com/
Dix & Eaton = http://www.dix-eaton.com/
Genn = Gilbert J. Genn http://www.telcoa.org/id65.htm
"Through Mr. Genn's procurement expertise, his client, Diebold Election Systems, Inc., secured the largest touch screen voting contract in the U.S. to date --- a $56 Million contract for the entire State of Maryland for the 2004 Election with option years." |
BBV Admin
Board Administrator
Username: Admin
Post Number: 3121
Registered: 12-2004
Best of Black Box? N/A
Votes: 0 (A keeper?) | | Posted on Friday, January 6, 2006 - 7:12 am: |
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Yep. Thanks, John. By the way, David Ellis is worth a look-see too. California doings, Los Angeles area as I recall. |
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