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IBM, Intel Execs Arrested Over Insider Trading 198

Posted by ScuttleMonkey
from the things-are-tough-when-yer-rich dept.
An anonymous reader writes to share a report from The Register stating that executives from IBM and Intel have been arrested as a part of insider trading allegations. "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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IBM, Intel Execs Arrested Over Insider Trading

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