Dangerous liaisons at IBM: Inside the biggest hedge fund insider-trading ring
Wednesday, July 7, 2010 : PermalinkCNN Money – At 7:30 in the morning on Oct. 16, 2009, Robert Moffat had already been at his desk at IBM’s headquarters in Armonk, N.Y., for an hour and a half. As he had almost every day in his 31-year career at the company, he had left home at 5:30 a.m. to get a jump on work. He had just finished his first call of the day when his phone rang. It was his wife, Amor.
He needed to come home immediately, she said. Five FBI agents were at the house to arrest him for conspiracy related to insider trading. “What’s going on?” Amor implored.
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July 8th, 2010
2:21 pm
Robert (“Blabber Mouth”) Moffat might like to re-write his sordid relationship with Danielle, but the woulda-been IBM CEO should be able to do better than “mere business”. Nice try. Blabber Mouth only makes himself a laughing stock. I bet his lawyers could wring his neck on the eve of his September 13th sentencing.
Will we ever get to hear his take on his role in IBM’s PONZI scheme – Devon IT v. IBM (June 2010) ??? IBM’s execs actions are so bold that Madoff is blushing !
Details and links — http://www.ibmTheWidowMaker.com
Twitter – MadamePJBailey [IBM Widow]
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