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matt4077

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matt4077
·9 ปีที่แล้ว·discuss
I don't know if their will be a recall/class-action lawsuit/whatever. But clearly there is a difference between making a mistake in what must be one of the most complicated consumer products on the one hand, and intentionally violating the terms of an agreed-upon contract?

Tl/DR: Intent matters.
matt4077
·9 ปีที่แล้ว·discuss
Don't spread conspiracy theories.

It's absolutely impossible for the most visible executive of one of the largest firms to engage in insider trading in such an obvious fashion and get away with it.

At this level, there is always a paper trail of who knew what when. There are internal and external audits if any suspicions arise.

Plus there are sever penalties, both civil (in the employment contract) as well as criminal. Intel's CEO is without a doubt in the 9- or 10-digit range of personal wealth. Risking time in jail to avoid a 10% loss on his stock holdings would be a terrible decision even if they considered the chance of being caught was low.
matt4077
·9 ปีที่แล้ว·discuss
This reminds me of a storyline from The West Wing, where a company that was Intel in everything but the name found a bug in their chip.

As it threatened the company's existence, the President refused to consider guaranteeing a loan because the company had been a contributor, and any help could potentially appear as corruption.

How quaint such considerations seem today...
matt4077
·9 ปีที่แล้ว·discuss
I was a bit surprised there for a second that I had not heard of the .shameless TLD.