The Five Dumbest Things on Wall Street This Week - News & Analysis - The Five Dumbest Things on Wall Street This Week - ACP - BSC
CEO John Mackey of Whole Foods, in line to pay $565 million for competitor Wild Oats, is under fire for anonymously posting to financial forums. The FTC is investigating whether he let loose any insider information.
The guy clearly has built a great company. Regrettably, I shop there (it's expensive), but I love the stores and its employees.
However, Mackey is a major-league idiot for doing what he did.
CEO John Mackey of Whole Foods, in line to pay $565 million for competitor Wild Oats, is under fire for anonymously posting to financial forums. The FTC is investigating whether he let loose any insider information.
The guy clearly has built a great company. Regrettably, I shop there (it's expensive), but I love the stores and its employees.
However, Mackey is a major-league idiot for doing what he did.
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