Forum - View topicNEWS: 2 Square Enix Employees Arrested for Insider Trading
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icomeanon6
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Posts: 115 |
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The trouble was that Naka hired Sonic as his broker. He trades stocks so fast that it looks like insider trading.
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ranran-001
Posts: 537 |
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On Nintendolife, there was a story with one of the American programmers who was working on a star fox style shooter for Dreamcast before the official launch. Yuji Naka was in the Sega of America's U.S. based office looking at the work and said in Japanese to one of his people, that he was going to fire everyone working on that game and bring in only one of the programmers to work exclusively on HIS project. Unbeknownst to Yuji, several people in the Sega of America office were fluent in Japanese including the lead programmer, and they were all shocked at what he was saying. Needless to say the star fox style game was canned, and the rest is history as the say.
The bottom line is, that Yuji Naka was willing to sabotage his own company for personal gain. To say I'm surprised, would be lying. I'm not surprised. |
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MarshalBanana
Posts: 5395 |
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ranran-001
Posts: 537 |
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Right, he was going to steal it for whatever game he had in mind, but he also said he would fire most of the team. Keep one person on board for the Sonic game. A quote from the producer of the canned Geist Force game,
https://www.timeextension.com/news/2021/12/yuji-naka-killed-dreamcasts-star-fox-says-former-sega-producer Needless to say, the producer of Geist Force said he lost five engineers working on the game, he had no ability to justify the cost to hiring five more people to complete the game, and so it was canned. That was all Naka's doing. |
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residentgrigo
Posts: 2443 Location: Germany |
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https://www.youtube.com/watch?v=z1BRZg0GG0A
Live and learn! Hanging on the edge of tomorrow, Live and learn! From the works of yesterday. Live and learn! If you beg or if you borrow, Live and learn! You may never find your way. Whooooa, yeah! I´ll see myself out but he was always trash. So were a few other key plays during the glory years of Sega Japan. The likes of Isao Okawa were not the norm. |
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BadNewsBlues
Posts: 6028 |
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I would’ve went with “catch me if you can”. Eventhough unlike the actual subjects of said song they did in fact catch Naka. |
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ranran-001
Posts: 537 |
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Take the Sonic R theme song "Everybody was insider trading you gotta keep from getting found when your insider trading there's no time the cops around" |
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MarshalBanana
Posts: 5395 |
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@ranran-001 I stand corrected, I guess the story got changed while being passed around.
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BadNewsBlues
Posts: 6028 |
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And Warner Bros.who they partnered with after Square. |
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JoelBurger
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Can't believe evil Square Enix made Yuji Naka commit insider trading a second time, and force his employees to work on weekends.
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ranran-001
Posts: 537 |
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I think we are only seeing the tip of the iceberg. Makes me wonder if the police will find more financial crimes as this investigation develops.
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Rob19ny
Posts: 1751 |
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Naka is just flat out a bad person. Karma got him so good here. I just know he thought he could get away with it.
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