Monday, October 19, 2009
Director of strategic investments at Intel Capital arrested !
Also charged in the scheme are Rajiv Goel, 51, of Los Altos, Calif., a director of strategic investments at Intel Capital, the investment arm of Intel Corp.
Wiretap: “I’m dead if this leaks. I really am. ... and my career is over. I’ll be like Martha (expletive) Stewart.”
Robert Moffat, 53, of Ridgefield, Conn., senior vice president and group executive at IBM Corp.’s Systems and Technology Group, was among those charged. That IBM group is the one that oversees the plants in Poughkeepsie and East Fishkill.
AMD advisor Kumar obtained inside information about pending transactions involving AMD and two Abu Dhabi-based sovereign entities, which he shared with Rajaratnam. Rajaratnam then traded on the basis of this information on behalf of Galleon.
Otellini was at pains to stress that insider-trading problems were ‘extremely rare’ during his time at Intel and that the company has procedures in place to prevent them.
Wiretap: “I’m dead if this leaks. I really am. ... and my career is over. I’ll be like Martha (expletive) Stewart.”
Robert Moffat, 53, of Ridgefield, Conn., senior vice president and group executive at IBM Corp.’s Systems and Technology Group, was among those charged. That IBM group is the one that oversees the plants in Poughkeepsie and East Fishkill.
AMD advisor Kumar obtained inside information about pending transactions involving AMD and two Abu Dhabi-based sovereign entities, which he shared with Rajaratnam. Rajaratnam then traded on the basis of this information on behalf of Galleon.
Otellini was at pains to stress that insider-trading problems were ‘extremely rare’ during his time at Intel and that the company has procedures in place to prevent them.
THIS LINK posted by Joseph Bell : 1:06 PM
