I retweeted this story last night but deleted it when I realized I needed to dig deeper to put it into context.
Was this fraud? Or #MoneyLaundering?
#ButNothingsHappening
theguardian.com/business/2020/…
So now we are seeing a lot of these overpaid to buy a company cases leading to indictments. Like this huge one from 2018!
cnbc.com/id/100442835
seekingalpha.com/article/118358…
Of course selling the stock could also free Kerry from requirements to recuse himself on issues that affect Heinz subsidiaries overseas!
politico.com/story/2013/02/…
How badly? Bad enough that they had to write down $15 Billion! forbes.com/sites/alapshah…
Well that seems very difficult to determine. They came out of nowhere in 2010 to buy Burger King. benzinga.com/media/barrons/…
I've heard people like @MuseScry wondering if a lot of money got laundered from Eastern Europe to capital firms like this to launder money into bad deals.
cnbc.com/id/38970099
If anyone can find a link from Privat Bank to these deals, I would love to see it!