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Global CIO: IBM Took 'Goldmine Of Taxpayer Money,' Claims Bureaucrat

Column about a 10-year IT services deal between Indiana and IBM that Indiana cancelled after 3 years because it felt new systems weren't operating properly and that IBM's progress was too slow.

The dirty laundry from a massive, $1.34 billion IT deal gone bad is being aired very publicly as the state of Indiana has cancelled the remaining seven years of a 10-year deal with IBM while Big Blue says Indiana still owes it $125 million, including a $43 million "annual fee" as part of a deferred-payment plan.