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Billionaire Drug Bust

Discussion in 'General Satellite Discussion' started by Richard King, Jun 5, 2008.

  1. Jun 5, 2008 #1 of 10
    Richard King

    Richard King Hall Of Fame

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    http://www.thesmokinggun.com/archive/years/2008/0605082nicholas1.html
    Broadcom's co-founder charged in tawdry narcotics indictment
    More.... Broadcom chips are found in many, if not all, satellite receivers. This guy was totally out of control. I hope he loses the total of his fortune.
     
  2. Jun 5, 2008 #2 of 10
    Button Pusher

    Button Pusher Icon DBSTalk Club

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    Whoa! Talk about a waste. Maybe he thought he was above the law or had paid off the right people to look the other way.
     
  3. Jun 5, 2008 #3 of 10
    phat78boy

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    If this was anyone who wasn't worth millions, they would never get out of jail on the charges he is looking at. Hopefully it won't make me sick following this story only to see how the extremely rich can get away with anything.
     
  4. Jun 5, 2008 #4 of 10
    Spanky_Partain

    Spanky_Partain Active Member

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    Broadcom supplies a LOT of chips for ALL the PC makers HP, Dell, and IBM just to name a few. They make the 10/100/1000 multi-function network chips, they supply the guts of the Directv DVR's, not to mention all the other fingers they have their hands in.

    This is amazing!
     
  5. Jun 5, 2008 #5 of 10
    dms1

    dms1 Legend

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    Not to mention most, if not all, cable STBs and cable modems, and numerous networking products.
     
  6. Jun 5, 2008 #6 of 10
    phat78boy

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    To be fair, he hasn't been involved with operations of Broadcom for a few years already. I don't know why this would directly effect Broadcom as a company.
     
  7. Jun 5, 2008 #7 of 10
    James Long

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    Hopefully not when doing Broadcom work.
    A company covering up a felony ... not good.
     
  8. Jun 5, 2008 #8 of 10
    Nick

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    The...
    You're worth almost $2 billion and you're only 677th on the richest list? Looks
    like a billion isn't what it used to be,

    Bummer. :shrug:
     
  9. Jun 5, 2008 #9 of 10
    phat78boy

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    I thought they claimed the 2.2 billion as a loss last year to offset the coverup? Either way, the loss and any ensuing fine is only a slap on the wrist for the company. Jail should be expected for those who knowingly were invloved, but they still have the market cornered for now. All they need to do is hire a great PR firm and keep making quality chips.

    As for Nicholas, I hope the justice system does the right thing if he is found guilty.
     
  10. Richard King

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    I believe there is a Broadcom chip in nearly all Dish Network receivers also. I am sure someone who is more familiar with the guts can confirm that.

    If I were one of those whose drink he spiked I would own him. I would sue him into poverty for such an act.
     

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