back to article Eric Schmidt to unload 42% of his Google stake

Google executive chairman Eric Schmidt has announced plans to sell off nearly half of his stake in the online ad giant over the next 12 months. According to an SEC filing on Friday, Schmidt – who served as Google's CEO from 2001 to 2011 – currently owns around 7.6 million Class A and Class B shares in the company, representing …

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Re: Cash cow

I get the impression that the amount of personal wealth execs/investors have becomes a way to just keep score eventually.

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Mushroom

North Korea?

He liked the place so much on his recent visit that he's going to make Kim Long-Grunt an offer he can't refuse?

Icon: Google always wanted to be a nuclear power.

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Go

Why would Schmidt do that?

It's not like he has to pay for airfare or anything....

http://www.theregister.co.uk/2013/02/08/google_private_airport/

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Anonymous Coward

I just hope Google dump this nob and employ someone else.

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Anonymous Coward

Supply and demand

<< " to reduce the effect of the sales on Google's share price." >>

And to reduce the effect on the total proceeds of the sales of Schmidt's shares.

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Pint

That would take me

216 years at 10 pints a day in my social club.

Is that obscene?

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Anonymous Coward

Re: That would take me

> 216 years at 10 pints a day in my social club.

Would be ~2.5 *million* USD; the amount under discussion here in 2.5 *billion* USD, or 10,000 pints per day.

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Pint

Re: That would take me

> or 10,000 pints per day.

Nah, that's just unhealthy

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Gimp

Re: That would take me

Just how drunk would that be?

Dead I suppose.

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Pint

Re: Dead I suppose

Not just dead, mate. At 10k pints per day we're talking mummified and perfectly preserved here.

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Re: That would take me

I'd done the first days spending when I typed that into the calculator 4 times (or was it two...) cos it didn’t seem long enough!

Must go work for a bank....

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Anonymous Coward

Billions for right-wing US thinkers

Lets start to eliminate evolution in the United States then the world!

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Divorce can be a bitch...

Wifeperson wants half the dosh.

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