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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1. Saturday 9th February 2013 11:39 GMT GBL Initialiser
  
  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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Saturday 9th February 2013 12:47 GMT Magani

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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Saturday 9th February 2013 16:05 GMT Anonymous Coward

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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Saturday 9th February 2013 17:23 GMT Anonymous Coward

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

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Saturday 9th February 2013 17:57 GMT 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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Saturday 9th February 2013 17:58 GMT Tom 7

That would take me

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

Is that obscene?

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1. Saturday 9th February 2013 20:01 GMT 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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  1. Sunday 10th February 2013 00:48 GMT Tommy Gilchrist
    
    Re: That would take me
    
    > or 10,000 pints per day.
    
    Nah, that's just unhealthy
    
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    1. Sunday 10th February 2013 19:30 GMT Anonymous Coward
      
      Re: That would take me
      
      Just how drunk would that be?
      
      Dead I suppose.
      
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      1. Sunday 10th February 2013 23:29 GMT Steven Roper
        
        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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  2. Monday 11th February 2013 08:50 GMT Tom 7
    
    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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Monday 11th February 2013 04:41 GMT Anonymous Coward

Billions for right-wing US thinkers

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

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Monday 11th February 2013 06:59 GMT Anonymous Coward

Divorce can be a bitch...

Wifeperson wants half the dosh.

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