Ballmer Doesn’t Get Free Xbox

Rob Updegrove 8 Dec, 2005 at 9:39am ET Article published in Tech

It’s not the rarity, but rather industry regulations that require Steve Ballmer to go out and buy an Xbox 360, just like everyone else.

“The Ballmer children do not have their Xbox 360 yet. I’m in the same boat as many of you,” Ballmer said. “Thanks to the wonders of Sarbanes-Oxley, management does not get a free Xbox 360,” he quipped at a meeting of technology industry executives.

Under financial disclosure rules, Microsoft would have to classify a free game console as income for Ballmer.

I don’t know why I felt like posting this news article… I guess it just made me chuckle. 😉

Source: Reuters

Comments

8 Dec 2005 ~ 10:25am madmat Like the dude couldn't afford having an extra $400 tacked onto his reported earnings...sheesh
8 Dec 2005 ~ 11:26am Garg

madmat wrote:

Like the dude couldn't afford having an extra $400 tacked onto his reported earnings...sheesh

That's what I was thinking. Getting taxed on $400 is a lot cheaper than spending $400. Leave it to the management types to have no common sense.
8 Dec 2005 ~ 2:25pm profdlp Publicity stunt.
8 Dec 2005 ~ 2:51pm Jengo

profdlp wrote:

Publicity stunt.

i agree
11 Dec 2005 ~ 1:07am airbornflght of course