Wow, investors and consumers in the UK have long marvelled at the unique ways Americans have of doing business, but might be left a bit worried by the latest news from the gang who won't shoot straight.
Dell has been found in contempt of court in the State of Louisiana in a case involving alleged misdeeds in regards security apparatus for the city of New Orleans.
In a case involving security cameras, dell, when ordered to turn over relevant emails from within the company did not even use the word "camera" in the search of dell computers... the Louisiana judge overseeing the case was furious. A new search is ongoing using court ordered search words.
At a time when quite a few American name brands (and Americans for that matter, hello Bernie Madoff, how is the new cell?) are a pariah for less than honest business dealings, Dell seems at risk of joining them.
Dell is sitting on about $11 Billion in cash and there is much speculation on what they might spend it on... bail bonds might be in order.