Topic: COMPUTER - on May 4, 2004 at 12:57:00 PM CEST
Gates pays $800k for stock violations
Witness box watchers know that Bill Gates is no stranger to unawareness when it comes to culpability, so will be unsurprised to learn that he was personally unaware of two stock transaction violations perpetrated by Cascade Investments, his investment company, on his behalf. Nor is it unusual for money to be paid on his behalf in order to resolve issues for which he has neither responsibility nor guilt, so the $800,000 tab to the Federal Trade Commission is no shock either.
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