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2 charged with insider trading in Burger King deal
Associated Press ^ | Jan 27, 2014 7:26 PM EST

Posted on 01/27/2014 7:44:01 PM PST by Olog-hai

U.S. federal prosecutors have charged two Brazilian nationals with insider trading in connection with 3G Capital’s $3.26 billion acquisition of Burger King in 2010.

The complaint announced Monday alleges that Waldyr Prado, a 43-year-old former Wells Fargo financial adviser, and one of his brokerage clients, Igor Cornelsen, illegally profited from insider information about the Burger King deal after Prado learned about it from another client who had invested in private-equity firm 3G. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: 3gcapital; brazil; burgerking; insidertrading

1 posted on 01/27/2014 7:44:01 PM PST by Olog-hai
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To: Olog-hai

Whoever got rid of this creepy commercial deserves an award:

http://www.youtube.com/watch?v=x4_5qoy4oaQ


2 posted on 01/27/2014 8:08:29 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: F15Eagle

Oh yes, that one. The old Quiznos “put it in me, Scott” beats it for sheer sleaze, though.


3 posted on 01/27/2014 8:13:41 PM PST by Olog-hai
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To: Olog-hai

I don’t think I ever saw that one.


4 posted on 01/27/2014 8:14:52 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: F15Eagle
I think I’m going to regret linking this . . . they got away with playing this on TV for a short while; then the toaster oven switched to saying “I’m waiting for it, Scott” . . . no surprise that this chain lost lots of business, never mind the lower quality of food.
5 posted on 01/27/2014 8:18:15 PM PST by Olog-hai
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To: Olog-hai

Never trust a man named Igor.


6 posted on 01/27/2014 10:06:49 PM PST by flaglady47 (Proud Conservative Republican)
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To: Olog-hai

How many of our politicians profited off the same info?


7 posted on 01/27/2014 10:55:12 PM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: flaglady47
How about “Eye-gore”?


8 posted on 01/27/2014 11:00:22 PM PST by Olog-hai
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To: HANG THE EXPENSE

Are members of Congress still exempt from insider trading laws?


9 posted on 01/27/2014 11:00:46 PM PST by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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To: Olog-hai

“How about “Eye-gore”?”

LOL. That pic is indeed one of Eye-gore.


10 posted on 01/28/2014 4:29:58 AM PST by flaglady47 (Proud Conservative Republican)
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To: F15Eagle

That was indeed creepy!


11 posted on 01/28/2014 4:31:45 AM PST by Hot Tabasco (I think I've lost my mojo.....)
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To: Moonman62

AFAIK.


12 posted on 01/28/2014 4:45:53 AM PST by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Hot Tabasco

Especially the way he’s leaning over the guy who was just sleeping.


13 posted on 01/28/2014 12:38:54 PM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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