So what Would STOP a Guy Like Paul Otellini from Being involved in Insider Trading?
Well nothing that I can See... but being a Good Ol' Boy to the Max.. I am sure it can all be kept in Court for Years and Intel CEO can be Falsley Proven "innocent" - while the TRUTH gets swept under the Proverbial Rug.
Just My Opinion, But Justice is What it is So Paul can just Say, Hey we did not know...
Here is the Article Titled in this Post.....
" By Mike Rogoway, The Oregonian
October 19, 2009, 12:40PM
Intel CEO Paul Otellini
was at the WSJ's HQs in NY today,
and told the paper (sub. req'd) he had no advance knowledge of the Galleon probe, and Intel isn't participating in the inquiry.The allegation is that Rajiv Goel, an Intel treasury employee who lives in Los Altos, allegedly guided Galleon on trades in Intel shares and Clearwire stock (Intel is a major Clearwire backer). Here's more detail on the specific allegations from Fortune. Intel put Goel on leave during the federal investigation. Also in Otellini's chat with the WSJ, he said '09 sales should be up over '08 (which was apparent from the company's Q3 results last week). And he bemoaned the regulatory situation that Intel faces in Europe:
In Europe, where the European Union levied a record $1.45 billion fine against Intel in May, Mr. Otellini said the regulatory climate was "very bad." EU regulators have alleged that the computer giant abused its dominant position in the microprocessor market.
The chief executive predicted regulators would continue to bring more cases against companies. "They are going to be more activist," he said. He added that European regulators are worried about protecting the rights of competitors, instead of looking at the issue of consumer harm, which Intel executives dispute in view of the declining price of computer technology.
Update: Otellini also spoke with Fox Business, which asked his feedback on several political issues:
What the government should do to create jobs: "The government doesn't generate the jobs. Private sector does, as you know. The good news is the administration is concerned about this and is asking business leaders, 'What do you think?' I've been asked the question by the administration and I gave them the same answer I gave you: Take the uncertainty out. Businesses hate uncertainty...At the end of the day, ending recessions is about confidence."
The public option: "Don't know enough about it. At face value, I don't think it would help our employees. Our employees get a fairly good health package today. They have a lot of choice today. I would be afraid of the option that took away that choice...There are opportunities like the Baucus Bill on exchanges that are interesting. We might want to look at those."
On cap-and-trade legislation: "I don't think I like what's being proposed. I have seen one version of it, which is out of Cantwell's office. I doesn't, I think takes into account that people build things for a global basis and you have global competition.""
Source:
http://blog.oregonlive.com/siliconforest/2009/10/intels_chief_says_company_not.html
So Intel is Not Involved, Hmmm.. How Do we Know this? Well Because Intel Says So That's How.
Would Paul Otellini tell the "papers" that he had "advanced knowledge" of the Trillion Dollar Liability with Illegally and Unethically honored contracts with Iviewit - in the Biggest Patent Heist of the Century?
Intel Acts So Innocent.
I Will Bet that the Intel Shareholders have not seen this Blog and All the Documents and information from Deep withing http://www.iviewit.tv/ - I mean if they had surely Intel would be out of Business by Now. A Trillion Dollar Liability Kept from Shareholders ?
More Documents
http://news.cnet.com/8301-13924_3-10377395-64.html
No comments:
Post a Comment