NEW YORK — The Federal Bureau of Investigation has opened an inquiry into suspicious trades placed ahead of the $23 billion acquisition of H.J. Heinz Co., a person briefed on the matter said.
The FBI’s involvement adds to the scrutiny surrounding the deal. Last week, the Securities and Exchange Commission froze a Swiss account linked to possible insider trading in the Heinz takeover.
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If there has been criminal wrongdoing, hopefully all of the involved parties will be prosecuted to the full extent of the law.
Bernie was that you making the trades? All the crooks who work on Wall Street (that would be all employed on Wall Street) would trade on inside information given the chance.
It's hard enough to get the ketchup out of those bottles so good luck to them in getting the truth out of the them.
Never mind all this silliness... the important question is whether Liveshot the Secretary Kerry and his beloved, Teresa, dumped their Heinz stock and whether they timed the sale so they avoided all the doings that are making Feebees curious.
This stink of big capitalism is the signiture totem of the corporate zombie underpining of our financial system. Little zombies mutating into big zombies. They all stink.