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[1547.08 --> 1547.76] about everything
[1547.76 --> 1548.80] and very behind the scenes,
[1548.90 --> 1549.56] and then one day
[1549.56 --> 1550.56] you just get a Windows update
[1550.56 --> 1551.06] and you don't even know
[1551.06 --> 1551.96] anything was ever wrong.
[1551.96 --> 1553.90] No, instead of that,
[1553.96 --> 1554.80] everyone's freaking
[1554.80 --> 1555.28] the hell out
[1555.28 --> 1555.86] and trying to solve
[1555.86 --> 1556.64] all of this at once.
[1557.64 --> 1559.10] And speaking of how
[1559.10 --> 1560.50] this was very behind doors
[1560.50 --> 1561.16] for a while,
[1562.10 --> 1564.00] Intel CEO sold,
[1564.10 --> 1564.42] what is it,
[1564.48 --> 1566.02] like 49 or...
[1566.02 --> 1566.76] $24 million.
[1566.76 --> 1568.90] $24 million worth of stock.
[1569.40 --> 1569.76] Right.
[1569.92 --> 1571.06] So he knew about this.
[1571.48 --> 1572.96] Google told Intel
[1572.96 --> 1574.06] about this in the summer.
[1574.80 --> 1576.70] So the CEO knew
[1576.70 --> 1578.54] that they were going
[1578.54 --> 1579.20] to have a fiasco
[1579.20 --> 1579.78] once the public
[1579.78 --> 1580.68] found out about this.
[1580.68 --> 1581.96] He knew the gravity
[1581.96 --> 1582.62] of the situation,
[1583.10 --> 1584.22] and then before
[1584.22 --> 1585.66] this became public,
[1585.82 --> 1587.52] he sold $24 million worth
[1587.52 --> 1589.28] of his stock in the company,
[1589.42 --> 1590.42] which was, I think,
[1590.44 --> 1591.52] a majority of his stock.
[1592.48 --> 1594.28] So that doesn't look very good.
[1594.46 --> 1594.82] No.
[1596.72 --> 1598.98] But I think this is actually
[1598.98 --> 1599.66] kind of click-baity
[1599.66 --> 1602.44] because Intel says
[1602.44 --> 1603.16] that the stock sale
[1603.16 --> 1603.90] was unrelated
[1603.90 --> 1604.82] to the vulnerability
[1604.82 --> 1605.86] and came as part
[1605.86 --> 1607.90] of a planned divestiture program.
[1607.90 --> 1609.18] And those things
[1609.18 --> 1610.12] are things.
[1610.22 --> 1610.80] They exist.
[1611.64 --> 1612.48] The other thing is
[1612.48 --> 1613.30] Intel's stock price
[1613.30 --> 1613.94] has only fallen
[1613.94 --> 1615.40] about $2
[1615.40 --> 1617.90] since this fiasco
[1617.90 --> 1618.86] kind of hit the public.
[1619.18 --> 1620.92] So it's not like it tanked,
[1620.96 --> 1621.62] and this is like
[1621.62 --> 1622.84] a huge insider trading thing.
[1623.34 --> 1623.78] Granted,
[1624.06 --> 1624.28] $2,
[1624.74 --> 1625.52] like with the number
[1625.52 --> 1626.84] of shares outstanding,
[1627.02 --> 1627.72] it's still like
[1627.72 --> 1628.98] millions of dollars
[1628.98 --> 1630.22] coming and going,
[1630.36 --> 1631.12] or mostly going,
[1631.18 --> 1632.10] from Intel stock right now.
[1632.10 --> 1633.82] So it is huge,
[1633.98 --> 1635.50] but I think this is
[1635.50 --> 1636.16] a little click-baity.
[1636.90 --> 1638.60] It really depends.
[1639.10 --> 1640.26] I'm sure there's going
[1640.26 --> 1641.22] to be legal oversight
[1641.22 --> 1641.72] into this
[1641.72 --> 1642.44] because, like,
[1643.30 --> 1643.88] man,
[1644.06 --> 1647.46] if that was planned
[1647.46 --> 1649.98] without insider trading
[1649.98 --> 1650.72] and this was just
[1650.72 --> 1652.14] routine whatever,
[1652.64 --> 1653.72] the timing on that,
[1654.12 --> 1655.04] like,
[1655.14 --> 1656.06] you couldn't be worse
[1656.06 --> 1656.72] in the last
[1656.72 --> 1657.80] huge amount of years.
[1658.06 --> 1659.24] It could not be
[1659.24 --> 1659.74] worse timing.
[1660.08 --> 1660.52] It could be
[1660.52 --> 1661.86] an unfortunate coincidence.
[1661.86 --> 1663.16] I think people claiming
[1663.16 --> 1664.10] that it's insider
[1664.10 --> 1666.50] are,
[1667.90 --> 1668.84] you can't really
[1668.84 --> 1669.80] hammer on them too hard
[1669.80 --> 1670.76] because there's
[1670.76 --> 1671.74] a lot of things,
[1671.88 --> 1672.70] a lot of red lights
[1672.70 --> 1673.34] going off
[1673.34 --> 1674.48] in terms of timing,
[1674.88 --> 1675.88] in terms of how much