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IBM, Intel Execs Arrested Over Insider Trading

An anonymous reader writes to share a report from The Register stating that executives from IBM and Intel have been arrested as a part of insider trading allegations. "According to a report from the Associated Press, six people were arrested today as part of an insider trading case, including Bob Moffat, senior vice president and general manager of IBM's Systems and Technology Group; Rajiv Goel, director of strategic investments at Intel Capital; Anil Kumar, a director at management consultancy McKinsey & Co; and Raj Rajaratnam, the founder of the $7bn Galleon Group hedge fund."

8 of 198 comments (clear)

  1. That's not too bad by thetoadwarrior · · Score: 3, Funny

    Helping the Nazis is worse than insider trading.

  2. racial profiler by Anonymous Coward · · Score: 1, Funny

    Doesn't seem to be a lack of Indian representation.
    Oh wait, I thought this was the Top Coder thread.

  3. Re:Bob Moffat et al by Anonymous Coward · · Score: 2, Funny

    If you threw everyone who had a billion dollars or more in jail, you would reduce the percentage of innocents in jail today.

  4. Re:Well now... by sexconker · · Score: 2, Funny

    No, routine is doing it, a short investigation showing you're guilty, and then waving your hands like a Jedi and getting off the hook.

    Oh wait, that's only routine for Steve Jobs.

  5. Re:So is this why by sexconker · · Score: 2, Funny

    I mean really how many houses cars boats do you need ?

    ALL OF THEM

  6. Re:Corrupt Complete. by StellarFury · · Score: 2, Funny

    You're both idiots. You're responding to posts assuming a definition of the word that is not the definition the parent was using. I know context is a real subtle thing, but really, you should try paying attention to it. It'll help.

    (For reference, the above text is elitist.)

  7. Re:No bad or worse by genner · · Score: 2, Funny

    When they do get caught can we kill 'em?

    You can do whatever you want just don't get caught.

  8. Re:No, they are guilty of the ONLY crime in busine by sootman · · Score: 2, Funny

    It's just the bad 99% giving the other 1% a bad name. ;-)

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