Sunday, January 15, 2012

IBM inside trades case tall canal: 31 years veteran ever was CEO successor

The graph is small Robert Mofate (Robert W. Moffat Jr. Moffat Jr..

The graph is small Robert Mofate (Robert W. Moffat Jr. )

Introduction: Foreign media is written today civil say, just be accused to participate in dimensions of American throughout history one case the biggest to trade to developing fund inside story the IBM of the case is in charge of small Robert Mofate high (Robert W. Moffat Jr. ) it is actually " typical IBM person " , ever was regarded as CEO successor even, he accuses to this with present colleague before feel very open-eyed.



It is article full text below:



resealable bagsBe suspected of inside trading



In IBM interior, mofate is well-known " typical IBM person " , he began merciless cost to compressed a plan to promote a company profit recently, still enter the layer of top class management of IBM because of this. But to the outside, mofate is to be suspected of inside trading recently one of administrator of IBM the superlative degree of scandal, this scandal astonish dvd discovery channel ed whole wall street.



Be Mofate of 53 years old is most popular selling dog crates large the patriarch level figure of IBM, he holds the position of IBM senior vice president now, get IBM CEO Peng Mingcheng greatly (Samuel J. The accredit of Palmisano) , but he sensitive data is revealed in the case and be arrested at because be suspected of inside together,trading last week however. Check just expresses, this is throughout history dimensions the biggest trade to developing fund inside story case. scooby costume



Check just sues Mofate to block Daniel of copartner of Si Erji gold to its partner, button with the evidence of eavesdrop earning · radical Jesse (the inside information that Danielle Chiesi) provides IBM. Button blocks Si Erji gold ever was pair of Beiersideng's subordinate strong fund before this. Before Mofate is accused to release money to declare in IBM and Sun, to base Jesse leaks confidential and financial information, sell its semiconductor plant Abuzabi discloses relevant plan before dominion fund ATIC in AMD.



Just state according to check, fund of button Ka Sier passes these inside information to gain profit more than 1 million dollar. Base Jesse still is opposite with the United States author of strong fund Gal Leon, billionaire pulls Gu Lagulatena (Raj Rajaratnam) shared pertinent information, and Lagulatena is this inside trades the core character of the case. Base Jesse, Lagulatena and other 3 people also last week 5 be arrested.



   The lawyer denies Mofate accumulate wealth by unfair means



The message that Mofate is arrested astonished him to be mixed now a lot of colleagues previously. Just publish new book recently " super company " (college business school teachs the Ha Fo of Supercorp) collect Shabeisi Mosi Kangte (Rosabeth Moss Kanter) says: "Because IBM emphasizes be fundamental culture with value very much, this one message is very so astonishing. This one message is very so astonishing..



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Acting lawyer Kaili Lawrence of Mofate (Kerry Lawrence) says: "Mofate expresses to astonish to this one accusation, he hopes to be able to get favorable court decision. " dog crates large Lawrence still expresses: "The government did not accuse Mofate lends this accumulate wealth by unfair means. "The government did not accuse Mofate lends this accumulate wealth by unfair means..



Mofate was not judged to this buy, IBM spokesman Edward · Babini (Edward Barbini) also rejects pair of Mofate to will make a comment in the development of IBM henceforth. Mofate is in charge of the computer of IBM and semiconductor branch at present. Peng Mingcheng was not judged to this buy. AMD and Sun also reject to publish a comment.



Mofate is accused put-up negotiable securities is con. But by the FBI (the following abbreviation " FBI " ) explore member wear Ann Wiener (the written testimony that Diane Wehner) refers did not accuse Mofate lends this accumulate wealth by unfair means. Wiener also did not give out Mofate's likelihood motive, just express, mofate and base Jesse " it is a friend " .



Check just is in th the best selling dog stairse file produced material of a dialog, base Jesse expresses in the dialog, she " weekday is in him mother relatives by marriage " when seeing Mofate, from information was obtained over there Mofate. According to the allegation of the indictment, base Jesse and Mofate in September 2008 in all sup, during this, mofate to base Jesse discloses, the gain of IBM will achieve the market to anticipate.



Base orchid · takes an examination of the acting lawyer A of Jesse husband graceful (Alan Ka the most popular selling dog crates large ufman) expresses in be interviewed of 6 last week, base Jesse is doing own job all the time, do not have tortious.



  Ever was regarded as CEO successor



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A fellow before Mofate says: "From the point of old-fashioned administrative style, mofate is IBM tall canal of the most popular selling dvd discovery the standard. " although prohibit wearing the ban of chromatic shirt,be early 20 years ago already removed, but the tradition that Mofate still is following IBM up to now, dress white shirt goes to work. He ever was considered as the successor of a CEO even.



Undergraduate course is graduated from Mofate Sikenaidadi combines new York institute (Union College In Schenectady) , at that time ever still is the star of track and field of the school. He joined in 1978 IBM, hold a post at financial department. 2000, mofate ta dvd discovery best buy kes up the post of the IBM PC branch in be in predicament to be in charge of. Inside 18 months, he is located in this branch American north to block Luo Laina city and Aberdonian table mechanism to build business to undertake outside bag. After 3 years, he sells business of the rest PC again associate group.



More inside trades



According to the written testimony of FBI, this orgnaization began to be opposite in August 2008 base Jesse undertakes monitoring, soon after, mofate begins with base Jesse commu most popular selling dog stairs nicates, communicate among them content is about AMD revive plan. Testimony says, base Jesse expresses after communicating that, if not be to have these news, "I just won't meet the share of AMD. "I just won't meet the share of AMD..



FBI claims, base Jesse this year on January 20 to not sign one's name " cooperative witness " divulge, she buys IBM share, the reason is Mofate states the outstanding achievement of IBM will be good at anticipating. FBI alleges in testimony, fund of button Ka Sier gains profit by right of this one message 500 thousand dollar. Testimony still thinks, inform in Mofate base Jesse is spreading out with Sun secret abo dog crates large best buy ut IBM after buying a negotiation, button blocked Si Erji gold to still buy the share of 10 thousand tens of Sun.



According to check square testimony, on January 26, 2009, base Jesse expresses to an accomplice, mofate tells her, the income of Sun and profit will be good at anticipating. The following day, button blocked Si Erji gold to buy share of 784 thousand Sun, most stock announces money to declare in Sun and drive its share price to go up greatly among them 8% the following 2 sell inside week piece. Just state according to check, button blocks Si Erji gold to depended on these trading to earn 900 thousand dollar. (Vessel grand)

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