Broadcom cofounder Henry Samueli reaches plea agreement, admits he lied to SEC
By Nilay Patel 
posted Jun 23rd 2008 7:56PM
posted Jun 23rd 2008 7:56PM
posted Jun 23rd 2008 7:56PM
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Been clean for 3 years next Tuesday! Looks like Henry has bigger or should I say more expensive problems.
engadget really is proud of that picture, they like it use it.
http://youtube.com/watch?v=yVBB2upbVys
Looks like the Fed's got their witness and the only guy that won't get the book thrown at him. Now they have the guy they let off with a slap on the hand to testify against everyone else. It's always curious to see who can make the first deal and get off easy. I expect much like Enron, Worldcom and the others the remaining executives will end up with serious prison terms using the testimony from the one that plea bargained.
Just remember, if the Fed's come after a bunch of you and your friends for doing very illegal things you better be the first to cut the deal.
Yeah... its a basic matrix most everyone should know of if they haven't seen it before.
Example #1-> 4 men get caught for a crime. (Mr. 1,2,3 & 4)
Mr.1 goes states/testifies everything. He gets a 1 penalty point (sometimes this is more like 0, aka probation/completely acquitted)
Mr.2 and Mr.3 on confess their part of the crime. They each get 3 penalty points apiece.
Mr.4 stoutly denies everything and refuses to co-operate. He alone gets 5 penalty points.
The sum of their penalty points is = 12.
Example #2-> 4 women get caught for a crime. (Mrs. 1,2,3 & 4)
If they all refuse to admit guilt and co-operate, and the state can't pin one of the Mrs.'s with planning or co-ordinating the crime- they will all get 2 penalty points.
The sum of their penalty points = 8.
TEXT BOOK CONCLUSION -> As long as no one "rats" out (Mr.1), the whole group suffers less overall.
So it looks like:
Mr.1 = Henry Samueli
Mr.2&3 = others involved.
Mr.4 = Henry T. Nicholas III
I still love that picture. So funny!
Yes, best picture ever!
"seems positively straightlaced"
i don't like my broadcom laced with _anything_, thanks ver much.
I believe the word is "chicanery"
ha good catch. i can't be sure, but chincanery sounds like a racial slur. and if not it should be.
An executive lying to the SEC??? You don't say.
next, Realtek execs: the Scandal!
the guy is seriously a sick fuck. jail time would have straightened his crazy ass out.
Hey, what'll you know, a rich exec skips jail time! What are the odds of THAT? Only in America...
Actually, I don't think that's only in America. And in this sort of case, it's because if he didn't skip on jail time, they wouldn't get to nail the rest of the rich bastards.
uci's school of computer engineer is named after him. and the ics school is named after donald bren... looks like uci likes donation that type of crowd huh
any school likes the donation type.
pay 12 mil? thats a great business deal for how much they duped everyone for. i wonder how much he has stashed all over the world.
"misstated" he friggin lied, there was no misstating anything. What scum
"misstated" he friggin lied, there was no misstating anything. What scum
Arg, my bad. Comment thing is all screwed up.
Justice is getting really expensive!
does that mean my engineering school is changing names?
Bryan, No your Engineering School is not changing names, but your Diploma has been back dated to increase its value!
Bryan, No your Engineering School is not changing names, but your Diploma has been back dated to increase its value!