Rex Shelby accepted a plea deal today. I am torn between telling the truth about how I feel and reporting the objective facts. I am usually pretty good at weaving together the two elements, but tonight, on this one subject, my art fails me.
The facts are as follows: Rex Shelby pleaded guilty to one count of insider trading. The government’s theory is that Rex Shelby said the software was complete at the 2000 Analyst Conference, but knew it wasn’t and traded on that information.
He was attended by Scott Yeager and Beth Steier. His girlfriend did not attend.
I will write more after I decide what I really want to say.
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