History has history of repeating itself … repeating itself.
There is a famous quote by George Santayana … “Those who cannot remember the past are condemned to repeat it,”
Recently, if you’ve been following Microsoft’s Xbox 360 woes (woes translates to a $1 BILLION fuck-up) with the “3 red lights of death” issue, you’ll remember a recent announcement by Microsoft finally admitting there was a problem and finally offering to fix 360’s free of charge (as well as extending the warranty to 3 years). For the complete story, read about it someplace else.
Well, following in the footsteps of
greatness Enron and their shaddy execs, we have just learned that Robert J. Bach (soon-to-be ex-Microsoft Entertainment & Devices Division President) sold about $6.2 million shares of MSFT stock immediately preceding the announcement of Microsoft’s professing steps to correct the infamous 3RLoD.
Here’s the schmuck:
I can’t wait for the trial.
CNN has more details …