Albany Times-Union logo Albany Times-Union 1 month ago

Ruiz star power is lost

MALTA -- Hector Ruiz was one of the rock stars of the Capital Region's growing technology economy. He was a friend of governors and political and business heavyweights. Full Article at Albany Times-Union

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    Ruiz is out at GlobalFoundries
    1 month ago

    MALTA -- Hector Ruiz, the man who brought a $4.2 billion computer chip factory to Saratoga County, has left GlobalFoundries Inc. , after becoming ensnared in a $20 million Wall Street insider trading scandal. Full Article at Albany Times-Union

  2. Ruiz leaving AMD spinoff after insider-trading report
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    1 month ago

    GlobalFoundries, the wafer baking spinout of Advanced Micro Devices, announced this morning that chairman Hector Ruiz has taken a voluntary leave of absence from the company, effective immediately. Full Article at The Register

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    Ruiz resigned in September
    1 month ago

    MALTA -- GlobalFoundries Inc. Chairman Hector Ruiz turned in his resignation at the end of September -- an indication that he may have known he was an unnamed source in the $20 million Galleon hedge fund insider trading scandal. Full Article at Albany Times-Union

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  1. SAN FRANCISCO - MAY 13: A pedestrian walks by an advertisement for chipmaker Intel May 13, 2009 in San Francisco, California. The European Union has fined Intel Corporation, the world's biggest computer chip maker, $1.45 billion for illegal sales tactics that are shutting out rival chip maker AMD.
  2. The logo of US chipmaker Globalfoundries can be seen at the company's plant in Dresden, eastern Germany, on March 4, 2009. The new plant started manufacturing operations to produce semiconductors.
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  4. Bank of New York's Mellon Corp. Robert Kelly joins other TARP recipient financial institution leaders as they testify before House Financial Services Committee on Capitol Hill in Washington in this February 11, 2009 file photo.
  5. MILAN, ITALY - NOVEMBER 24: Wall Street Journal Head of Special Reports in Europe James Rutter attends the 2009 Milan Fashion Global Summit on November 24, 2009 in Milan, Italy. The Summit gathers company leaders and top management and has a unique focus on the links between fashion and finance.
  6. SAN FRANCISCO - OCTOBER 26: Newspaper vendor Rick Gaub checks his change bowl as he waits for customers at his stand in an underground rail station October 26, 2009 in San Francisco, California.

Cast of Characters

  1. AMD AMD
  2. Advanced Micro Devices, Inc. Advanced Micro Devices, Inc.
  3. See stories, photos, and quotes about Galleon Group Galleon Group
  4. IBM IBM
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  6. Robert Moffat