Thursday, April 2, 2009

Microsoft Asks Fed For Bailout

Posted by samzenpus on Wednesday April 01, @08:41PM

from the too-big-to-fail dept.
MicrosoftIT
snydeq writes"Microsoft requested on Tuesday some $20 billion in bailout funds from the federal government, claiming that as the company controls an overwhelming share of the OS market, it is too big to fail. Low adoption rates for Vista, the ensuing ad campaign trying to convince people that they really do like Vista, and the increased need for development resources to rush Windows 7 to market to make people forget about Vista have necessitated the bailout, the company said. "We want to make it absolutely clear that this is not a crisis of mismanagement," said Microsoft CEO Steve Ballmer in a prepared statement. "This is simply a crisis of dollars — a crisis of not having enough dollars coming our way.""

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