Home Messages Index
[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index

[News] French MAFIAA Wages War, Mark Cuban Could be a Criminal

Hash: SHA1

French music industry wants P2P ban

,----[ Quote ]
| Going for SourceForge for hosting P2P software is also a bit bizarre. 
| Ironically it could mean that the Open Source movement grinds to a halt 
| because of the Music Industry's obsession with copyright.  


Law professor fires back at song-swapping lawsuits (AP)


And here is the man who fought freedom on the Web:

Mark Cuban Charged With Insider Trading

,----[ Quote ]
| Over the years, Mark Cuban has been quite open on his blog concerning various 
| stock strategies that he has -- which have often gone against the grain. He's 
| not a big fan of just buying a small amount of a company's outstanding stock 
| and holding it, assuming that as a small shareholder, you're probably not 
| getting the real information about a company.     


Text: SEC Complaint Against Mark Cuban

,----[ Quote ]
| The commission charges defendant Mark Cuban with committing securities fraud 
| by engaging in illegal insider trading. 


Microsoft has top executives who are alleged criminals like him. Robert Bach
for example...


Microsoft exec dumped stock prior to Red Ring announcement

,----[ Quote ]
| To make matters more murky, the sales were not registered with the Securities 
| and Exchange Commission within the mandatory two days of the transaction, a 
| result of an alleged "administrative error." Microsoft has since remedied the 
| issue by following the "procedures required of late-filers."   


Microsoft's Bach sold more stock before Xbox news

,----[ Quote ]
| Microsoft Corp. executive Robbie Bach sold $3 million more in company stock 
| during the period leading up to an announcement about a costly flaw in its 
| Xbox video game console than previously reported, according to a filing 
| Monday with the Securities and Exchange Commission.   


Insider Trading Hasn't Affect Microsoft Stock - Yet

,----[ Quote ]
| MarketWatch.com reports that Robbie Bach, president of Microsoft's
| Entertainment and Devices division, sold $6.2 million of Microsoft
| stock just prior to announcing that Microsoft was going to have to 
| extend XBox 360 warranties to three years because of extensive 
| failures. The filings note that this was not part of any 
| scheduled diversification or selling program; this was a 
| conscious, unscheduled sale by the guy in charge of releasing 
| news that could affect the value of Microsoft stock.
| [...]
| Insider trading is a very serious violation of the law; just 
| ask Martha Stewart, who served five months in prison for 
| avoiding losses of $43,000 through trades that just had suspicious 
| timing (no insider trading was actually proven). This is $6.3 
| million that went straight into Robbie Bach's pocket.

Version: GnuPG v1.4.9 (GNU/Linux)


[Date Prev][Date Next][Thread Prev][Thread Next]
Author IndexDate IndexThread Index