Last month it was discovered that Robbie Bach, the head of Microsoft's Entertainment and Devices Unit (which includes Xbox), sold $6.2 million in company stock in the months leading up to the warranty extension announcement -- turns out, it was even more than originally reported. Bach actually sold another $3 million more in stock, which weren't filed with the Securities and Exchange Commission. Microsoft says that the extra few million weren't filed "as the result of an administrative error."Microsoft is still sticking by their story that the stock sales by Bach were purely coincidental in regards to the warranty announcement. Given that the stock price barely took a hit, one could see that as possible. Then again, Martha Stewart went to jail for issues surrounding insider dealing, even though the stock she sold eventually rebounded. Who knows what the truth is, all we want to know is what did Bach spend the $10 million on -- a PS3 or two?
[Via GamePolitics]
