Is the IT Job Market Stabalized?
Some large IT organizations may still layoff IT professionals to meet 2010 budgets
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 Janco has just released its 2010 IT Salary Survey, which shows that overall pay has stopped falling ans has flattened out. In addition the survey show an increase in hiring demand for some IT professionals. The CEO of Janco, Victor Janulaitis stated, "The economic climate is still driven with a cost cutting mindset, business closures, and extensive outsourcing. However the worst seems to be over as salaries for IT professionals are no longer falling. " The CEO added, "...many 'baby-boomers' who had planned on retiring in the next few years are not leaving the job market frustrating middle aged workers who want to advance."
Read on Order Latest IT Salary Survey
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Participate in Mid Year 2010 IT Salary Survey
 It now is time for you think about your participation in the 2010 Mid Year IT Salary Survey. Not only will you get a summary of the survey as soon as it is available, you will also get a coupon for 15% off on any product that is in the Janco catalog.
Once you provide us with valid data your name will automatically be added to the distribution list for the survey when it is released in January plus we will send you a coupon for participating. This is a limited time offer.
Participate Now...
Programmers can go to jail for their work
Two computer programmers who worked for Madoff were arrested and charged in connection with the multibillion dollar Ponzi scheme |
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 The two were employed as computer programmers at Madoff's business beginning in the early 1990's and were primarily were responsible for developing and maintaining computer programs that supported the operation of Madoff's investment account business.
The programmers "... allegedly helped construct Madoff's house of cards," the U.S. attorney said in a statement. "The computer codes and random algorithms they allegedly designed served to deceive investors and regulators and concealed Madoff's crimes. ... they have been charged for their roles in Madoff's epic fraud."
As a broker-dealer and investment adviser, BLMIS was required, under the federal securities laws and regulations, to keep certain books and records in the ordinary course of its business, including: trade blotters containing an itemized daily record of details about all of BLMIS's purchases and sales of securities; documents reflecting each order underlying the purchases and sales of securities and the times at which the orders were received and executed; and the name and address of the beneficial owner of each account held at BLMIS.
The programmers developed and maintained computer programs that generated numerous false and fraudulent books and records. They created books and records for a small subset of BLMIS investment account clients to help hide the scope and nature of the business; altered details about the number of shares, execution times, and transaction numbers for trades reported on BLMIS trade blotters, by employing random algorithms that produced false and random results;and created false and fraudulent order entry and execution reports that included fictitious times at which orders for equities transactions purportedly were placed.
The programmers allegedly knew that the special programs they developed contained fraudulent information and that they were used in connection with the SEC and European accounting firm reviews. One of the two attempted to delete 218 of 225 special programs from a server and also closed their own BLMIS accounts, withdrawing hundreds of thousands of dollars each.
Handwritten notes found by the FBI in one of the programmer's desk stated, "I won't lie any longer. Next time, I say 'ask Frank.'" Read On... Order Now... |
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