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IBM, Intel execs arrested over insider trading

Anonymous Coward writes | more than 4 years ago

0

An anonymous reader writes "Executives from IBM and Intel have been arrested amid allegations they were involved in an insider trading scam. According to a report from the Associated Press, six people were arrested today as part of an insider trading case, including Bob Moffat, senior vice president and general manager of IBM's Systems and Technology Group; Rajiv Goel, director of strategic investments at Intel Capital; Anil Kumar, a director at management consultancy McKinsey & Co; and Raj Rajaratnam, the founder of the $7bn Galleon Group hedge fund. ..."
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