IBM and Saddam's favourite bank

CFP ^ | May 26, 2005 | Judi McLeod

[MikeEdwards]

While Microsoft giant Bill Gates hobnobs with the likes of Earth Charter architects Mikhail Gorbachev and Maurice Strong, IBM has jumped into bed with Saddam’s favourite bank, BNP Paribas.

Since December 2003, IBM and French bank BNP Paribas have been in a 50-50 partnership in a massive IT operation.

IBM provided the technological expertise to create BNP Paribas out of the merger of three banks and now has a subsidiary that it runs with BNP.

The giant multinationals have signed up on a giant venture to manage BNP Paribas’s information and technology operations. The deal covers a kind of computing that is vast, right up there with the mega coverage that got its start back in 1987 when England-based GreenNet began collaborating with the Institute for Global Communications (IGC). A massive, 24-hour, transnational computer network, ICG serves 17 UN offices, 40,000 activists and a legion of non-governmental organizations in more than 133 countries.

The BNP Paribas/IBM deal conducts 26 billion operations per second and the sale of 7,000 Units or NT servers.

On the topic of "prior business", www.outsourcing-law. com states "IBM’s success appears to have been generated by its prior relationship with the bank."

IBM "provided the integration services to facilitate the merger on a technical basis".

BNP was formed from the merger of United European Bank, Banque Nationale de Paris and Paribas. . . . .

[Blueflag]

Is there a point here?

[tfecw]

I think we are supposed to hate IBM now ...

[hasta]

If that's the case, we shouldn't get a PlayStation 3. Or the upcoming Microsoft Xbox 360. Or for that matter, the new Nintendo Revolution. They all use IBM processors. What's a boy to do?

[Dilbert56]

If I recall, this bank was at the center of the Oil-For-Votes scandal because the United Nations put it there, not Saddam.

That aside, this is such incoherent drivel I tempted to think Howard Dean ghost wrote it.

[WL-law]

I read the rest of the article from the posted link. Read in its entirity, it's even nuttier and more pointless and illogical than the excepted part here.

A point? A coherent sentence?

[kaktuskid]

BNP was formed from the merger of United European Bank, Banque Nationale de Paris and Paribas.

And owner of US-based Bank of the West