Friday, December 26, 2008

You still lose when you lose fake friends

It's hard to believe that a well run company could allow a $ 225,000/yr vice president to operate a $65 million kickback scheme without someone noticing a lot sooner. Fry's might want to have a chat with the entire chain of command. They might also want to speak to the vendors who participated. 

Fry's spokesman Manuel Valerio called the arrest of Siddiqui, who had a solid business friendship with company president and co-founder John Fry, "distressing, dismaying and disheartening." Um, Siddiqui was not your friend. He knew where the $$ were and went there. 

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