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Wired news: ETrade Blocks Goodwill Move

Thanks to Eric Seppanen for
this link.

“Some members of the open source community hoping to cash in on
RedHat’s initial public offering may be out of luck.”

“RedHat Software, which sells products based on the open source
Linux operating system, offered developers who have contributed to
the open source movement an early crack at shares in its upcoming
IPO.”

“In a 20 July email to several thousand members of the open
source community, RedHat’s CEO Robert Young asked anyone who wanted
to take advantage of the offer to open an account with the online
brokerage ETrade. This week, however, open source developers are
raising a mighty stink, because ETrade’s membership requirements
prevent many of them from taking advantage of RedHat’s offer.”

Complete
Story

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