IBM, Intel Execs Arrested Over Insider Trading

Posted by ScuttleMonkey on Friday October 16, 2009 @10:30AM from the things-are-tough-when-yer-rich dept.

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."

1 of 198 comments (clear)

Min score:

Reason:

Sort:

Re:No, they are guilty of the ONLY crime in busine by phantomfive · 2009-10-16 13:00 · Score: 5, Interesting

Same thing applies to pastors and preachers, too. They preach the word of God, and start to think they understand all the exceptions, and when it is 'ok' to break them.

I knew a guy who had a collection of old/historical bibles. He always locked them up whenever a pastor came over, because he'd had too many of them stolen, by pastors.

--
Qxe4