Jailed CA chief fingers his pals
Paul Boutin · 09/04/08 11:20AMSanjay Kumar isn't going to take one for the team. The former CEO of Computer Associates is serving 12 years in a minimum-security prison in Fairton, New Jersey, for his admitted role in a $2 billion accounting coverup. Kumar and others had boosted CA's quarterly results reports by including contracts that had come in after the quarter was over. Now, Kumar has sworn in affidavits that former chairman Lew Ranieri, cofounder Russell Artzt, and former senator Alfonse D'Amato — currently a member of CA's board — were also involved in hiding the scheme from investigators. The reply from a spokesman for the accused: Kumar "from jail continues to be a stranger to the truth." (Photo by AP/Bob Goldberg)