
Hector Ruiz certainly led a checkered career as CEO of AMD, earning the
highest CEO salary in the semiconductor industry as his company's
stock dropped, its
products dragged, and its
fortunes sank, but the man didn't stop there -- it looks like he may also have been involved in a little illegal insider trading on the side. According to the
Wall Street Journal, Ruiz is the heretofore unnamed AMD executive who illegally tipped off a hedge fund investor about the company's big
spinoff of Globalfoundries, ultimately leading to criminal and civil charges against Galleon and six of its employees. Ol' Hec's currently in the clear, as he hasn't been charged with anything, but considering he's now the chairman of Globalfoundries, well, let's say things are about to get a little sticky. We'll let you know -- we've got a feeling
Gizmondo's Stefan Eriksson is going to look like small potatoes when this is all over.