Diebold CEO resigns

"Diebold CEO resigns after reports of
alleged securities fraud... Developing...".

Interesting indeed...

Now what might those reports exactly tell us?

edit: Yes, this is the same guy who promised to be "committed to helping Ohio deliver its electoral votes to the president next year" - The guy is called Walden "Wally" O'Dell, (ex-) Chief executive officer and chairman of the board of Diebold.

edit II: click here for the rawstory.com article. He obviously resigned over insider trading.

"The board of directors and Wally mutually agreed that his decision to resign at this time for personal reasons was in the best interest of all parties," the company's new chairman said in a statement.

O'Dell's resignation comes just days after reports from BradBlog.com that the company was facing imminent securities fraud litigation surrounding charges of insider trading. It also comes on the heels of a RAW STORY interview with a Diebold insider, who raised new allegations of technical woes inside the company, as well concern that Diebold may have mishandled elections in Georgia and Ohio.

Let's hope that there are some implications regarding the issues of election fraud. Oh and check out Brad's Blog - more there...