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."

Comments

So is this why

[teknosapien]

Wall street is still showing record profits after they stole the billions from the American people I start to wonder how much is enough when I see stuff like this - I mean really how many houses cars boats do you need ? Wonder if they are still saying that they don't need tighter regulation.