Breaking News --
Arrested IBM Sr. VP, Robert ("Blabber Mouth") Moffat pleaded guilty to insider trading on March 29, 2010.
FBI Press Release - Former IBM Senior Vice President Pleads Guilty in
Manhattan Federal Court to Insider Trading
http://newyork.fbi.gov/dojpressrel/pressrel10/nyfo032910.htm
NYT - Ex-I.B.M Executive Pleads Guilty to Fraud in Galleon Trading Case
http://www.nytimes.com/2010/03/30/business/30insider.html
http://www.nytimes.com/reuters/2010/03/29/business/business-us-galleon-moffat.html?_r=1&scp=1&sq=robert+moffat&st=nyt
http://www.nytimes.com/aponline/2010/03/29/business/AP-US-Hedge-Fund-Insider-Trading.html?scp=3&sq=robert+moffat&st=nyt
Earlier articles -
Prosecutors Near New Plea Deal in Galleon Case;
IBM's Robert Moffat Indictment or Plea deferred until Feb. 16, 2010
http://dealbook.blogs.nytimes.com/2010/01/15/indictment-of-3-galleon-defendants-is-delayed-again/#comment-351835
Galleon Prosecutors Turn Attention to Ex-IBM, Intel Boys -
Former IBM senior VP Robert Moffat and Intel finance exec Rajiv Goel continue to duck indictment in the Galleon hedge fund case
By Maureen O'Gara Jan. 22, 2010
http://in.sys-con.com/node/1257334
* * * * * * * * * * * * * * *
EPIPHANY - 1 & 2 (Posted October 25, 2009)
Will arrested Sr. VP Robert ("Blabber Mouth") Moffat cut a deal by mouthing off
about “family secrets” at IBM ??? [That’s less like an Epiphany and more like your worse nightmare.]
After all, Blabber Mouth was IBM CEO Samuel (“Big Sam”) J. Palmisano’s
heir apparent, confidant, protégé, pal, chum, buddy. In 20-20 hindsight it may appear that Blabber Mouth was Big Sam’s coach, mentor, counselor.
WHATEVER !
Big Sam and Blabber Mouth even shared investment “strategies” !
On August 12 & 21, 2008 Big Sam and Blabber Mouth made large parallel
IBM stock transactions. [This is during the same time frame that
Blabber Mouth was spilling his guts to Danielle Chiesi.]
On August 28, 2008 Big Sam cleaned out the till. He' still at it !
http://biz.yahoo.com/t/40/4114.html
http://finance.aol.com/company/international-business-machines-corporation/ibm/nys/insider-transactions-insider?IID=12269356&tf=5
What a “Coincidence” ? ? ?
Got jokes !
To add insult to injury, many (too many) high level IBM execs
and Board members heard the same Epiphany in 2008 & 2009--
“SELL ! SELL ! SELL !”
[Data Sources are posted on the “IBM’s Ball Game” link.]
Blabber Mouth is now officially retired.
http://bits.blogs.nytimes.com/2009/10/30/ibm-executive-in-insider-trading-case-departs/?dbk
http://online.wsj.com/article/SB125691631641718827.html?mod=article-outset-box
Blabber Mouth was at IBM for 30 years. Blabber Mouth knows where all
the bodies are buried. To save what’s left of his hide,
Blabber Mouth Moffat may start singing like a MOFF-king Bird !!!
You may follow me on Twitter -
http://twitter.com/MadamePJBailey and
http://twitter.com/GodsTweet
Posted October 25, 2009 by Madame P J Bailey.
Edited October 27, 2009; November 1, 2009; November 9, 2009;
November 27, 2009; January 17, 2010; January 31, 2010; March 30, 2010.
|