Hector Ruiz (pictured), then CEO of AMD, was the unidentified source of
material information that the busted Galleon ring traded on, according to the
Wall Street Journal and Bloomberg.
He’s even higher up the totem pole than Robert Moffat, the head of IBM
servers and storage who was arrested and charged on October 16 along with
five other co-conspirators in what the government called the biggest case of
insider trading involving a hedge fund in history.
For days now the press corps has been leaning on their sources trying to
prove the hypothesis that Ruiz was the uncharged AMD insider described by the
government in its criminal and civil indictments as the executive who’s
“been preaching this deal for so long,” meaning AMD’s spin-off of its
fabs and frankly there weren’t too many of those – that’s where the
hypothesis came from.
The Wall Street Journal identified R... (more)
Big Data - not surprisingly - features in Deloitte's just-released annual
"Tech Trends" report identifying the 10 trends most likely to have an impact
for CIOs in the coming year and beyond.
"It's an uncommon time to have so many emerging forces – all rapidly
evolving, technology-centric and each already impacting business so
strongly," said Mark White, principal and chief technology officer, Deloitte
Consulting LLP, as the report was announced.
"The convergence of five forces offers a new set of tools, opening the door
to a new set of rules for operations, performance and competition. Our
report outlines the opportunity for IT to truly help elevate business
The five emerging technology forces he was referring to are analytics,
mobility, social, cloud and cyber security. Between them, said White, they
provide the opportunity for business... (more)
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 IBM
has cut its ties with Robert Moffat, the senior VP who ran its server,
storage and chips businesses and was arrested two weeks ago for allegedly
whispering insider information on IBM and Sun financial results as well as
AMD's reorganization plans to hedge funds that traded on the material
IBM isn't saying much, not even that Moffat was fired, merely that he is no
longer an IBM employee.
Three days after Moffat was arrested on October 19 on charges of conspiracy
to commit securities fraud IBM put him on administrative leave and replaced
him temporarily with Rod Aktins, whose accession as IBM's highest-ranking
African-American executive is now confirmed.
It could have taken IBM two weeks just to talk with Moffat and his lawyer let
alone do its own internal investigation.
His ... (more)
This book is a really great beginners guide for core SQL Server 2012, and it
also does a great job of introducing new features introduced in SQL Server
2012. What I mean by core is that topics like Master Data Services and Data
Quality Services are not introduced. That is not a bad thing. By limiting the
scope of the book, the author was able to better the topics that are
I wanted this book because I like having a book about the basics close by. I
am not in SQL Server everyday and when I find myself needing to go back to
it, I not only want books on the advanced features nearby, I want the basics
The book covers all the basics you need to know to get up and running
quickly. After a really nice introduction where the author covers the new
2012 features and where they are covered in the book, they have a nice
overview of relational databases and detail... (more)
NANJING, China, March 13, 2012 /PRNewswire/ --
China Sunergy Co., Ltd. (Nasdaq: CSUN) ("China Sunergy" or the "Company"), a
specialized solar cell and module manufacturer, today announced that the
Company has adopted PowerClip extended warranty insurance solution for its
solar module products from PowerGuard Specialty Insurance Services
("PowerGuard"), a firm located in California, U.S.A. Power Guard specializes
in the design and underwriting of unique insurance and risk management
solutions for wind, solar and other alternative energy companies.
With this warranty insurance solution conceived and managed by PowerGuard,
China Sunergy offers its customers back-to-back coverage on 10-year
warranties for defects in materials and workmanship and a minimum power
output warranty over 25 years for substantially all of its solar module
products sold worldwide.
The PowerCli... (more)
LAS VEGAS, March 28, 2012 /PRNewswire/ -- (ISC West, Booth #25121 ) –
Inovonics (http://www.inovonics.com), the industry leader in high-performance
wireless sensor networks for commercial and life safety applications, today
announced that Michael Slack, vice president of business development and
technology, has been appointed to the PSIA (Physical Security
Interoperability Alliance) Board of Directors (http://www.psialliance.org/).
PSIA is one of the leading organizations for open source standards in the
physical security market.
"As the security industry moves to the next chapter of its lifecycle, it is
important for PSIA to bring in new forward-thinking experts, like Mike, who
share our vision and can bring insights into the security industry's overall
direction," said David Bunzel, executive director of PSIA. "Through his years
of experience in the security ind... (more)
Telenoticias El Paso's Ivette Sanchez received the award for the report
Inocencia Tras Las Rejas
DALLAS, Nov. 12, 2012 /PRNewswire-USNewswire/ -- ZGS Communications is proud
to announce that Telemundo El Paso's Telenoticias' local reporter Ivette
Sanchez was awarded an Emmy for the story Inocencia Tras Las Rejas (Innocence
Behind Bars) in the category, Feature News Report-Serious Series. The
awards were announced Saturday night at the 10th Annual Lone Star Emmy Awards
held at Cowboys Stadium in Dallas. The Lone Star EMMY Chapter serves all 19
television markets in Texas and is chartered by the National Academy of
Television Arts & Sciences (NATAS). Telemundo El Paso was the only television
station in the market regardless of language, to receive an Emmy.
Sanchez's report was an in-depth look at children... (more)
PALM BEACH, Fla., April 24, 2013 /PRNewswire/ -- Global Digital Solutions
(PINKSHEETS: GDSI), a company that is positioning itself as a leader in
providing knowledge-based and culturally attuned social consulting and
security-related solutions in unsettled areas, announced today that Florida's
former Lt. Governor, Jennifer Carroll, has joined the company as a senior
advisor. The company also stated that Ms. Carroll is expected to become
President and Chief Operating Officer once the planned merger with Airtronic
USA, Inc. has been completed.
Florida's 18th Lt. Governor, Carroll was the state's first female elected as
Lt. Governor and its first African-American elected statewide. Prior to her
service as Lt. Governor, Carroll was a state legislator for over seven years,
a small business owner, and Executive Director of Florida Department of
Veterans' Affairs respo... (more)
PALM BEACH, Fla., Sept. 9, 2013 /PRNewswire/ --Global Digital Solutions, Inc.
(GDSI), a company that is positioning itself as a leader in providing small
arms manufacturing, complementary security and technology solutions and
knowledge-based, cyber-related, culturally attuned social consulting in
unsettled areas, announced today that Scott Brown, former United States
Senator from Massachusetts, has joined the company's Advisory Board.
"We're thrilled to have someone with Scott Brown's national stature and
extensive government experience on our Advisory Board," said GDSI's President
and CEO Richard J. Sullivan. "Scott's leadership roles at both the state
and federal levels – with a consistent focus on security-related issues –
and his longtime service in the Army National Guard give him great
perspective, experience and relationships that will be very helpful to ... (more)
When do you plan to put your used car for sale ? Were you not, since long
thinking of replacing it with a preferred brand car or a fuel efficient
automobile? Didn’t the added costs to replace to be added to the likely
realization from sell your car prevent you from making a decision to put your
car on sale? How vary are you of making a deal and more worried about getting
the right value you perceive for your used car?
Putting a sedan or SUV on sale after having it bristle you for years is
really a difficult choice. You value its services and upkeep. Your emotional
attachment does not allow you to settle for less than what you value it. But
markets seldom work on sentiments attached by the seller and are ruled by
functional utility value of the car for the buyer.
Buyer value consciousness bar is rising day by day. Marginal utility value of
a used cars is seldom given d... (more)
RICHMOND, VA -- (MARKET WIRE) -- 05/31/05 -- Bank Risk of Failure and the
Too-Big-to-Fail Policy. The possibility that large banks may have access to
contingent government bailouts creates a risk and a size distortion in their
decisions: banks tend to become riskier and larger, asserts Richmond Fed
economist Huberto M. Ennis and research associate H. M. Malek. While the cost
of the too-big-to-fail distortions could be high, the available evidence of
their importance in the U.S. economy is inconclusive. Any proposal for policy
reform should weigh this empirical limitation, according to the article.
Also in the Spring 2005 issue:
Equilibrium Models of Personal Bankruptcy: A Survey. A growing literature
analyzing the default of household debt through bankruptcy harbors three
lessons, observes Richmond Fed economist Kartik Athreya. First, for
bankruptcy to be welfare-im... (more)