>USA File: Top-level insiders furiously dumping stock, Nepman Bill Gates treks to Moscow for third time; Microsoft code shared with Kremlin in 2003

>In November Nepman “Microsoft Bill” visited Russia, for the third time, to confer with First Deputy Prime Minister Dmitry Medvedev and Information Technology and Communications Minister Leonid Reiman. Perhaps this (not so) naive Western capitalist was following up on Microsoft’s 2003 transfer of the Windows code to Russia, reported in Wired News: “Software giant Microsoft is giving the Russian government access to its secret source code for Windows operating systems as part of a global effort to improve information security, company officials said Monday.” Dumb question: How does one improve information security by handing over the keys to the communists? No doubt Comrade Patrushev’s Chief Hacking Directorate at the FSB has put that secret coding to good use for a little pre-Missile Day Internet shutdown.

With respect to the article below, I wonder if the Kremlin manipulators planted a bug in his ear . . . after all, the Leninist masterminds in Moscow urged Russians to dump their dollars a couple of months before the 911 terror attacks.

The West’s treasonous Nepmen have made their dutiful pilgrimages to Moscow ever since the 1917 American Red Cross Mission.

Top-level insiders selling their stock

December 7, 2006 — America’s corporate chiefs are unloading their own stocks at one of the boldest paces in 20 years.

In cases of the very rich, such as Microsoft’s Bill Gates and Google’s top brass, the executives are selling a whopping $63 for each $1 of stock they bought, says a report by Bloomberg.

In November alone, leaders of public companies dumped $8.4 billion worth of stock they owned as insiders, most of it awarded as compensation, bonuses or other management incentives.

But the vast majority of the executives put their windfall cash to work elsewhere, with just $133 million being plowed back into purchases of more company stock.

Analysts say a take-the-money-and-run flight from their own companies signals a growing lack of confidence in the economy’s future course, as well as fears of a possible global meltdown if the Iraq crisis escalates across borders.

It’s also a good time to take profits, with the Dow Jones industrial average up nearly 15 percent this year, the S&P 500 ahead 13 percent, and the Nasdaq 11 percent higher.

Wall Street investors are displaying fresh worries that the Federal Reserve might pull the trigger too quickly on hiking rates again, possibly plunging the U.S. into a recession as the Fed did in 2000.

Just before the worst of the 2000 recession, insider sales were also at a near record.

Leading the latest wave of insider selling is Microsoft, with $594.2 million of stock sold by insiders during November, with Gates unloading $581.1 million.

Gates has been selling shares regularly – including $2.1 billion last year – as he whittles down his once mammoth stake, putting a big chunk of his wealth to work in a not-for-profit foundation that invests in a wide range of securities and other deals.

Billionaire Paul Allen also sold off 28 percent of his stake last month in DreamWorks Animation SKG for $224.2 million, keeping about 21 million shares.

Insiders at Seagate sold $311.8 million in November, while Google insiders unloaded $182.1 million in the four weeks.

Google’s CEO Eric Schmidt and its co-founders Sergey Brin and Larry Page have usually led the insider-selling parade with sales of hundreds of millions as the stock rose steadily to break the $500 mark.

2 responses to “>USA File: Top-level insiders furiously dumping stock, Nepman Bill Gates treks to Moscow for third time; Microsoft code shared with Kremlin in 2003

  1. mah29001 December 11, 2006 at 11:21 pm

    >I wonder how many of these Nepmen are out there. You should also look into Wal-Mart despite it being attacked by Socialists on the home front, it’s being the Nepman-like company for China overseas.

  2. mah29001 December 14, 2006 at 5:05 am

    >I should also tell you that Nepman Bill isn’t the only Nepmen. Take a look at the Koch brothers whose father was responsible in creating the Faux Rightist John Birch Society, now openly collaborating with the Communist led Impeach Bush movement, though not too concern over Bush’s own friendly ties with Putin or having friendly relations with the PLO who sent its propaganda proxies to Iran’s recent holocaust denial conference:http://www.forbes.com/business/2006/12/07/energy-billionaires-rankings-biz-cx_1206energy.html

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