Is Diebold the next Enron? Corruption, incompetence and infighting
pummel company name and stock.
Velvet Revolution.us has been waging a six-month campaign to help expose Diebold's secretive and dangerous business practices.
The threat that this company and its practices pose to democracy is now becoming clear to the Americans as well as Diebold shareholders.
In the last week, the company has begun imploding, their stock value has dropped some 20% in the last week, and top officials are jumping off the sinking ship, whistle-blowing all the way down.
Last week, VR co-founder, Brad Friedman of BradBlog.com, announced
that a Diebold insider, `Dieb-Throat,' was spilling the beans on many of the company's shoddy practices.
In short, that high-level whistleblower compares Diebold to Enron, and says that the Diebold voting machines are "one of the greatest threats ever to our democracy."
The source disclosed that a branch of the U.S. Department of Homeland Security issued a Cyber Alert two months before last November's election about a serious flaw in Diebold's central vote tabulator software which allows for a modification of vote totals through "an undocumented backdoor" that is otherwise undetectable.