CEO time to go
This CEO had that much time on his hands ?
It was either
a) childish (he need to go) or
b) an attempt to reduce the competition's stock price prior to making an offer (he needs to be go via jail)
Court documents reveal that organic grocer Whole Foods CEO John Mackey was an internet forum troll intent on undermining his main competitor through chatter. Using the pseudonym Rahodeb (a variation of Deborah, his wife's name), Mackey posted on Yahoo! Finance's bulletin board over an eight year period, claiming to be a huge …
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Speaking as someone who is definitely not the author of this article, I just want to congratulate everyone at your fine publication! Especially the handsome man who wrote this story. He must have hundreds of girlfriends!
SEC , should roast his backside and give 10 to 20 years hard time for stock fraud ! Because no matter which way you dress it it is still fraud!
The Company Shareholders should launch a class action law suit to enable them to claim all his pension and assets and sack him without the usual severance pay and bonuses , for failing to look after their interests including failing to obey and follow all corporate governance laws !
Whole Foods Markets recently took over a local shop here in the UK, then closed it down and opened their new huge shop in Kensington, despite it being 2 or 3 miles away. We lost our local shop as a consequence. Throughout this, Whole Foods Market were completely unfriendly to the customers - sent back curt "tough luck" replies to emails, don't have a UK phone number and were generally rude and unhelpful. Its can't say its surprising that their CEO behaves like this.
NotARegisterReporter: I'm not sure what you're trying to say - You wouldn't be John Mackey by any chance?
heystoopid: I agree, although its highly unlikely he had any influence on the stock price, his actions seem very fraudulent to me...
"insider trading."
It's the opposite of "pump & dump," and it's certainly illegal. If Whole Foods fails to dump him, then the company is at risk for illegal insider trading.
Unfortunately (in this case; as a rule, I'd call it good luck), I am not a lawyer. I am, however, available to apply a little bit of "persuasion" for the right price. Interested parties may contact me through my associate Garret, sometimes to be found in his office in Macunado Street.