Blackberry Dishes Dirt on Morgan Stanley

This guy clearly wasn't thinking. Blackberry's a great "erase everything permanently" feature that allows you to wipe *everything* from the unit with a quick tap of the stylus in just the right place in just the right way - and selling it for $16? Are these things that worthless nowadays? I managed to get rid of mine for roughly $350 about a year ago (and yes, I made sure it had been blanked ;)

BlackBerry Sold On eBay Reveals Bank's Secrets A former VP at Morgan Stanley realized he had no need for his old Blackberry (bought with his own money, but set up to work with his Morgan Stanley email), so he sold it on eBay for $15.50. What he didn't realize was that the device had copies of plenty of his confidential emails and a wonderful address book giving away large parts of Morgan Stanley's org chart - including contact info (sometimes home phone numbers). The VP says he had no idea there was any data on the device, and assumed that having the battery removed from the device would have erased its memory.