Louisville, KY - As you know I have outlined much in regards to Ford Motor Company, my belief that they have engaged in insider trading, proof that there is a current investigation being undertaken, thanks to my filing of the complaint, and so much more.
The one thing I really have never understood is why Ford would go out of its way to protect a low level executive from being held accountable for insider trading allegations. James T. Young, as we know he was the one who allegedly proudly bragged about buying Ford stock based on insider information. You don't put an entire company at risk over one such person unless the rabbit hole goes deeper.
I believe it may go all the way to the Ford family itself.
Showing posts with label Ford Credit. Show all posts
Showing posts with label Ford Credit. Show all posts
Monday, May 25, 2015
Thursday, May 21, 2015
LIBOR Scandal: Did Ford Credit benefit?
Louisville, KY - On Wednesday it was announced that four banks pled guilty and at least six banks would pay almost $6 Billion total in fines for trying to manipulate foreign exchange rates. This is just the latest in all of the seemingly daily settlements for corporate wrongdoing in the stock market manipulation, yet miraculously, no one is in jail.
JP Morgan Chase of course is involved once again, along with, Citigroup, Barclays, UBS and Royal Bank of Scotland. The charges were cheating their clients to boost their own profits using invitation-only chat rooms and coded language to coordinate their trades.
And they pled guilty, and no one is in jail.
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