The SEC almost always opens an inquiry when something in the news seems to strike a nerve with the investing public. It’s basically a publicity stunt to make us and Congress think the agency actually has things under control.
It was a dumbass thing for Mackey to do, but nothing will come of this.
Hammer on the nail. If it really means something we’ll never hear about it. If it’s fluff it’s Paris Hilton.
Hear hear. Any “investigations” of HP and Apple scheming, for example, quickly completely faded away. Pitt was on record the first night this broke saying he doesn’t think anything illegal happened.