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Why feel bad? They're a victim of deliberate bad choices. The buck stops at the top. Nobody told Riccitiello to hit the gas pedal, nor to enrich himself by sell
by superchroma 3y ago
Why feel bad? They're a victim of deliberate bad choices. The buck stops at the top. Nobody told Riccitiello to hit the gas pedal, nor to enrich himself by selling shares prior to a disastrous announcement, he did that all on his own.
I feel much worse for the thousands of developers he's holding a metaphorical gun to with this awful policy, who now have to stress about swapping engines.
- okamiueru 3y agoHe did? Is insider trading laws in the US non-existant? Wow
- ZekeSulastin 3y agoYeah, 2,000 sold (~50,000 over the last year) out of ~3,200,000 still held, under a trading plan filed in May.
- danjoredd 3y agoInsider trading laws exist, execs just like to ignore them. Hopefully, the SEC takes a look into his dealings considering how public this is.