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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
Comment #2 Removed by Moderator
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
Comment #4 Removed by Moderator
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
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)
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.)
To: flaglady47
How about “Eye-gore”?
8
posted on
01/27/2014 11:00:22 PM PST
by
Olog-hai
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.)
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)
To: F15Eagle
11
posted on
01/28/2014 4:31:45 AM PST
by
Hot Tabasco
(I think I've lost my mojo.....)
To: Moonman62
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.)
Comment #13 Removed by Moderator
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