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March 04, 2005
ChoicePoint shows it's true colors
ChoicePoint CEO Derek Smith speaks during an interview Thursday, Feb. 24, 2005 in Atlanta. Smith and president Douglas Curling made a combined $16.6 million in profit from selling company shares in the months after the company learned of fraud involving its massive database and before the breach was made public, regulatory filings show. Corporate governance experts say the pattern and timing of the trading raises questions, while ChoicePoint says the stock trading plan was pre-arranged.
In case you forgot, Martha Stewart got prison time for lying about a $40,000 insider trading charge of which she was never proven guilty.
Posted by Mike at March 4, 2005 03:39 PM
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