Robbie Bach Sold Stock as Xbox Problems Mounted

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Some very disturbing news is coming out today.

Robbie Bach, the president of Microsofts Entertainment Division, has been caught selling a pile of stock before recently announcing that the 360 has hardware problems and it is going to cost Microsoft over a billion to fix.

There are two very disturbing parts to this story. Firstly he offloaded stock worth $6.2 million. How does the president of a loss making division get so much stock?

Secondly, since the stock price didn’t really take much of a hit is the guy maybe not so bright… He risks his job and reputation to save himself very little… Is this actually a sign of bigger problems inside Redmond that we are still going to hear about?

Link to ‘Bach Sold Stock as Xbox Problems Mounted’ : Next Generation – Interactive Entertainment Today, Video Game and Industry News

Last Updated: July 12, 2007

Gavin Mannion

I for one welcome our future robotic overlords

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