creating and overseeing a flawed organizational structure that undermined research analyst objectivity.

created a structure under which not just investment bankers but also research analysts and sales personnel all reported to him, and all devoted their efforts to securing for him an ever greater share of Silicon Valley's investment banking business.

I did nothing wrong. I am confident that the investigation will show that.

We don't have sales trading, brokerage, capital lending - any of those kinds of things that got some of the Wall Street firms a little bit in trouble.

I was fortunate that I came out to the Valley in 1979, when I came out to go to Stanford Business School, and my very first assignment as a teaching assistant for an investments professor was to - he told me go down to this computer company in Cupertino called Apple.

For over three years during this difficult ordeal, I have held my head high knowing I was innocent and never intended to obstruct justice.