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Thursday, February 05, 2009

BlackBerry Executives Caught with Thumbs in the Till

This just in: CEO fraud from Canada. According to "The Wall Street Journal":

"Research In Motion Ltd.'s co-CEOs and other executives have agreed to pay nearly $75 million to settle charges tied to their role in stock-option backdating at the BlackBerry maker."

Is is any consolation knowing that financial embezzlement is not the exclusive purview of U.S. CEOs?

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