It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Corporate Fraud Drives Zalman to Bankruptcy Corporate Fraud Drives Zalman to Bankruptcy
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Corporate Fraud Drives Zalman to Bankruptcy
Reply
 
Thread Tools
Old 7th November 2014, 08:16   #1
Madshrimp
 
jmke's Avatar
 
Join Date: May 2002
Location: 7090/Belgium
Posts: 79,021
jmke has disabled reputation
Default Corporate Fraud Drives Zalman to Bankruptcy

This month is not starting very well for technology enthusiasts. Most of us have fond memories of Zalman, a company that has been producing advanced cooling solutions since 1999. Some are old enough to remember the fan-like CNPS6000 Socket 370 coolers and the first Reserator liquid cooling kits. Zalman was one of the pioneers of low-noise cooling solutions, in an era when stock coolers were noisy enough to drive people insane. Unfortunately for us all, on November 3, 2014 the company filed a bankruptcy protection request in the Seoul Central District Court.

Zalman did not fall victim to recession, competition or even bad corporate management. The whole story is long, complicated, obscure and yet unconfirmed, so unfortunately we may never learn all the details of it. To summarize, Zalman apparently was part of an allegedly very well designed and planned multi-billion dollar corporate fraud.

http://www.anandtech.com/show/8697/c...-to-bankruptcy
__________________
jmke is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Cooling firm Zalman has filed for bankruptcy Stefan Mileschin WebNews 0 6th November 2014 09:03
Mt. Gox Founder 'Not Willing to Travel to US' For Bankruptcy Trial Stefan Mileschin WebNews 0 16th April 2014 08:21
Bitcoin exchange Mt. Gox files for bankruptcy in the US Stefan Mileschin WebNews 0 11th March 2014 09:07
End of Era: OCZ Files for Bankruptcy jmke WebNews 0 28th November 2013 08:10
Apple avoids corporate tax Stefan Mileschin WebNews 0 6th November 2012 07:19
Zalman Readies SLC Series USB 3.0 Flash Drives Stefan Mileschin WebNews 0 25th May 2012 07:42
Elpida bankruptcy is hitting YOUR pocket – today! Stefan Mileschin WebNews 0 1st March 2012 08:25
Zalman to Make Its Own Line of SSD Drives jmke WebNews 0 3rd November 2010 21:25
DRAM Prices Spike After Qimonda Bankruptcy jmke WebNews 0 2nd February 2009 21:31
Nortel files for bankruptcy jmke WebNews 1 15th January 2009 18:16

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 06:24.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO