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IBM puts executive on leave after charges (allegedly leaked secrets)
Associated Press ^ | Oct 19, 2009 | JORDAN ROBERTSON

Posted on 10/19/2009 3:38:47 PM PDT by decimon

IBM Corp. put a top executive on leave Monday after he was charged in an insider trading scandal for allegedly leaking secrets about IBM's earnings and financial dealings with corporate partners.

The company said Robert Moffat, a senior vice president and cost-cutting maven who was considered a possible candidate to succeed CEO Sam Palmisano, no longer serves as an officer of the company.

(Excerpt) Read more at tech.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: ibm
Anyone think this is unusual?
1 posted on 10/19/2009 3:38:48 PM PDT by decimon
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To: decimon

As a former-IBMer, I had to laugh at this from the article, “IBM, which promotes “trust in all relationships” as one of its key values”. It’s like any other huge corporation, dirty on the inside.


2 posted on 10/19/2009 5:08:09 PM PDT by Jackson57
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To: Jackson57
It’s like any other huge corporation, dirty on the inside.

Yup, yup, yup. Mega-agreement from another ex-IBMer.

3 posted on 10/19/2009 5:11:15 PM PDT by Yossarian
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To: Yossarian

How long have you been an ex-IBMer? I have since last Feb.


4 posted on 10/19/2009 5:20:52 PM PDT by Jackson57
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To: Jackson57; Yossarian

I’m from such a corporation. Not I’ve Been Moved, or, as some electricians say, International Brotherhood of Magicians, but a company that was one of the world’s best known. They bite. They really bite.


5 posted on 10/19/2009 5:26:35 PM PDT by decimon
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To: Jackson57
How long have you been an ex-IBMer? I have since last Feb.

3.25 years, enjoying the lack of bureaucracy, petty politics, and USA-backstabbing for every single minute of it.

6 posted on 10/19/2009 5:41:02 PM PDT by Yossarian
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To: ourusa; theKid51

ping


7 posted on 10/19/2009 5:47:52 PM PDT by bmwcyle (We need more Joe Wilson's. OBAMA is ACORN ACORN is OBAMA)
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To: Jackson57; Yossarian

I just did a search on the history of U.S. corporations and, unfortunately, everything seems to be from a leftist perspective. More unfortunately, what they write is too often correct. The corporation of today is not the corporation at the founding of this country.

More of that history should be coming from free-market sources. If it were then I think that fewer conservatives would see corporations as capitalism.


8 posted on 10/19/2009 5:50:22 PM PDT by decimon
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