Well it didn't take long for the captains of capitalism in Silicon Valley to settle the law suit over their secret non-compete agreements concerning recruitment of tech workers from each other. Apple, Google, Intel, and Adobe Systems reportedly have agreed to folk over $325 million to settle the case.
Chuck Mulloy of Intel stated "We are settling this matter to avoid the risks of litigation. We still deny violating any laws or obligations to plaintiffs". Yeah right, Chuckles!
The case would have revealed embarrassing emails between the Silicon Valley Captains of Capitalism such as:
Former Google CEO Eric Schmidt emailed another Google executive to say Google should only confer on agreements not to recruit from other companies "verbally since I didn't want to create a paper trail over which we can be sued later". Richard Nixon would have been proud of you Eric!
The defendants recently filed motions prior to the settlement seeking to exclude evidence, including testimony that made Mr. Jobs appear to be a bully. "Google co founder Sergey Brin noted that Jobs was highly agitated in phone calls he made to Google about not poaching Apple workers:
Ahhh, the truth shall set you free Sergey, LOL!
So the next time the nerds working for these firms receive a 2% bump for creating billions in wealth for their bosses, they can all join in a chorus of "God Bless America"!