Rambus (RMBS)

[Skeptic]

As announced on July 19, 2006, the Audit Committee of the Rambus Board of Directors has reached a preliminary conclusion that the actual measurement dates for certain stock option grants issued in prior years differ from the recorded grant dates for such awards. During this period, Geoff was CEO and the sole member of the Stock Option Committee.

Didn't know this. I'm sure that crook is glad to resign - doesn't have to feel the heat from the average Joe sucker who bought this stock under his reign. Boy was I right when I said Geoff was in bed with the compensation committee. Now, I'd like to see Geoff relinquish his ill-gotten gains or go to jail or both!