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Eric Schmidt To Sell Up To 42% of Stake In Google

Posted by timothy on from the that's-a-lot-of-google dept.

derGoldstein writes "AllThingsD reports that Eric Schmidt 'plans to sell up to 3.2 million shares of his class A common stock in the company,' according to an SEC filing. 'The amount is equal to approximately 42.1 percent of his overall stake in Google.'"

2 of 183 comments (clear)

  1. Time to haul the red herrings by G3ckoG33k · · Score: 4, Insightful

    I doubt this has anything to do with any bad news
    for Google. It is my guess Schmidt just wants the
    money here and now. Totally understandable.

  2. Re:Capitalism is failing by morcego · · Score: 4, Insightful

    Yes, because there's no poverty or starvation in Marxist countries at all right?

    Nah. It is just that in Marxism, everyone is equally poor.

    --
    morcego