Re:How Tier 2 cloud vendors banded together to cope with Spe...
by Aloha on Saturday January 06, 2018 @10:19PM
(#16088925)
The intel CEO took over in 2012 - some of these vulnerabilities go back as far as the Pentium Pro (Meltdown) and the other one, effects (I believe) as far back as the original Pentium (Spectre) - why would you fire someone for something that happened under a predecessors leadership (Andy Grove, in this case was CEO when the Meltdown attack was added) - it makes no sense - I see nothing here that doesnt jive up with similar efforts with other bugs.
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Re:How Tier 2 cloud vendors banded together to cope with Spe...
by JohnJamesRambo on Saturday January 06, 2018 @10:59PM
(#16089059)
Him selling his maximum allowed grant and also options when he knew before everyone is plenty.
Re:How Tier 2 cloud vendors banded together to cope with Spe...
by bostik on Sunday January 07, 2018 @02:01AM
(#16089682)
According to Matt Levine, Krzanich has a consistent history of selling the maximum or near-maximum amount of his stock grants every year.[0]
If one wants to be truly cynical, you could say he has been expecting something like this all the time and cashing out to ensure his money isn't tied to Intel. I am inclined to being slightly less cynical - I'd say he has been just cashing out regardless of the the company's performance.
0: https://www.bloomberg.com/view/articles/2018-01-05/citi-forg...
Re:How Tier 2 cloud vendors banded together to cope with Spe...
by sudhirj on Saturday January 06, 2018 @11:16PM
(#16089114)
That would be clear insider trading, with SEC prosecution and jail time. Unlikely if the executive has half a brain.
Re:How Tier 2 cloud vendors banded together to cope with Spe...
by bartread on Sunday January 07, 2018 @03:44AM
(#16089937)
Yeah, exactly: it's too easy for people to draw a direct line between the selling and the announcement (which, of course, people have done) for him to have been stupid enough to do it with that intent. He seems to have simply been following the pattern of previous trades.
That being said, even though I don't think it's the case here, greed has been known to make people do some very stupid things.