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Robbie Bach Sold Stock as Xbox Problems Mounted

50 second read

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

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