When Lisp Machine, Inc. went bankrupt, it was bought out by Guy Montpetit. Montpetit was involved in a number of dubious business deals, and the remnants of Lisp Machine were sucked into the morass. Here is a rough timeline of what happened.
April 1985 - Guy Montpetit enters into a relationship with Michel Cogger.
Circa 1986? - Guy Montpetit borrows a huge sum of money (on the order of $30 million) from Takayuki Tsuru.
May 1986 - Cogger appointed to Canadian Senate, continues to receive money from Montpetit.
April 1987 - LMI files for bankruptcy.
May 1987 - Gigamos Holdings buys Lisp Machine, Inc. for $2.7 million and renames it Gigamos Systems, Inc. with Rick Greenblatt as president.
1988 - With help from Cogger, Montpetit sells Saskatchewan on a new computer system for translating government statutes into French. A $5-million grant is given to GigaText.
May 1989 - Gigatext is first mentioned in the Saskatchewan Legislative Assembly. The shit hits the fan.
November 1989 - Takayuki Tsuru sues Guy Montpetit to recover loans. Gigamos Holdings goes into receivership. Coopers and Lybrand to sell the assets of GigaMos.
1991 - RCMP charges Michel Cogger with accepting bribes from Guy Montpetit.
1993 - Cogger acquitted.
1996 - Canadian appeals court upholds acquittal.
July 1997 - Canadian Supreme court quashes acquittal and orders a new trial.
1998 - Montpetit convicted of buying influence and received a suspended sentence. He was also ordered to perform 240 hours of community work.
July 1998 - Cogger convicted.
The minutes of the Legislative Assembly of Saskatchewan contain a lot of amusing facts about the entire fiasco.
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