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stories filed under: "backdating"
News You Could Do Without

News You Could Do Without

by Mike Masnick


Filed Under:
backdating, drugs, ecstasy, henry nicholas, prostitution, scandals, spiked drinks

Companies:
broadcom



Not Your Every Day Tech Exec Scandal

from the um.-wow. dept

While the good folks over at Valleywag might have you believe otherwise, most tech execs lead rather boring lives. There aren't that many "scandals" that happen around these parts -- and the ones that do happen, tend to be rather mundane. Some stock option backdating and maybe a bit of lying on the old resume, seem to be about as scandalous as it normally gets. But Henry Nicholas of Broadcom apparently decided to go with the more made-for-Hollywood sort of scandal. There is the option backdating issue here, but that's nothing compared to the fact that he's now been indicted for also keeping a warehouse full of drugs which he used for things like putting ecstasy in other tech execs' and customers' drinks, as well as supplying speed, cocaine and pot to tech execs. And then there were the prostitutes. Oh yeah, and the sex lair that leaked to the press last year. There's definitely a movie coming out of all of this one day. In the meantime, though, I think I prefer the Silicon Valley with more mundane executive scandals.

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