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Court Rules Ellison Must Donate $100M to Charity

Posted by CowboyNeal on from the forced-benevolence dept.

PokeyPenguin writes "As part of a settlement for insider trading allegations, a California judge has ordered that Larry Ellison donate $100 million to charity. CNet reports, 'The charity payments are an unusual way to settle such a case. Typically, settlement payments would go directly to the company, in this case Oracle. "But with Mr. Ellison owning a quarter of Oracle's stock, much of such a direct payment, in effect, would have gone to him."'"

3 of 191 comments (clear)

  1. test by Anonymous Coward · · Score: -1, Offtopic

    test

    1. Re:test by Anonymous Coward · · Score: -1, Offtopic

      you fail it

  2. Can it, bigot by Anonymous Coward · · Score: -1, Offtopic

    Anti-Semitism this exaggerated, I thought, could only be a twisted attempt at irony, especially coming from a fellow New Yorker. Then I read some of your other comments, which range from the vaguely hostile towards Jews to the circumstantially Buchananesque.

    Moderators, drive this embarrassing filth down to -1 where he belongs.