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SAM PUTS HIS RIGHT HAND IN, SAM PULLS HIS LEFT HAND OUT; SAM EXERCISES OPTIONS, AND SAM SHAKES THEM ALL ABOUT. SAM DOES THE SELL-SELL POKEY, SAM THEN TURNS MULTI-MILLION$$$ 'ROUND. AND THAT'S WHAT BIG SAM'S ABOUT !
"IBM's Palmisano Dance" is included in IBM PRISON POETRY-MADOFF MOVE OVER !. Please request your copy when you visit the "Contact" page.
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In the last 4 quarters, IBM's CEO, Samuel J. ("Big Sam") Palmisano (age 57), has pulled out over $90,000,000.00, and counting.
$90,000,000.00
That's a lot of lettuce.
Why ? Why ? Why ?
And he is not alone. A dozen or more of IBM's high execs and Board members have been feverishly selling, selling, selling their IBM stock shares.
Why ? Why ? Why ?
DATA SOURCES -
BUSINESS WEEK ANALYSIS --
"Insiders control 0.06% of IBM through the 997,288 shares that they hold. This level of ownership is below the Computers and Peripherals industry norm and suggests that insiders goals could be less aligned with those of shareholders than at other companies in this industry..." May 31, 2009
[Click on "ownership" on the link below; then search by exec's name. Click on small down arrow next to the calendar icon to get historic insider trading transactions of high level IBM executives.]
