07 December 2006

WagnerWatch

A couple of times over the past few months (see here and here), I've highlighted the continuing saga of Bryan Wagner, a hapless peon caught up in the Hewlett-Packard corporate spying scandal and indicted therefor by California Attorney General Bill Lockyer.

As the Wall Street Journal (subscription required) reports, HP has agreed to pay a $14.5 million fine and to revise its ethics and compliance practices in order to settle the charges it faces. While it ties things up nicely for the corporation, the settlement does nothing for the HP executives and other individuals indicted.

Thus, unless Wagner has $14.5 million in his mattress, he's still on track to fulfill my prediction that he will "end up doing more time than both of the indicted HP bigwigs combined".

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