Microsoft Promised to Guarantee BayStars Investment in SCO ?
The thlot pickens! Groklaw has “IBM’s Memo in Support of its Motion for SJ on SCO’s Interference Claims” (SJ is summary judgement I believe) and has the interesting quote from Lawrence Goldfarb, a BayStar Capital’s managing partner, about what happened when BayStar invested in SCO after Microsoft introduced them:
“Mr. Emerson and I discussed a variety of investment structures wherein Microsoft would ‘backstop,’ or guarantee in some way, BayStar’s investment…. Microsoft assured me that it would in some way guarantee BayStar’s investment in SCO.”
Apparently Mr Emerson was Microsoft’s “senior VP of corporate development and strategy“, but when BayStar invested things changed:
“Microsoft stopped returning my phone calls and emails, and to the best of my knowledge, Mr. Emerson was fired from Microsoft.”
Richard P. Emerson is on the MSFT’s 2002 list of directors, but is absent from the 2003 list..
