en Weasle (Menu Foods)

[Nbadan]

The chief financial officer of Menu Foods Income Fund says it was a "horrible coincidence" that he sold nearly half his units in the pet food company less than three weeks before a massive product recall.

Insider trading reports confirm that Mark Wiens sold 14,000 units, or 45 per cent of his stock, for $102,900 on Feb. 26 and Feb. 27, reports The Globe and Mail. The shares would be worth $62,440 at current prices.

Linky

He sold it as soon as his test cats started dying: Menu Foods knew as early as December that there was a problem but didn't test their foods until Feb. 20-28, whereupon 1 in 10 of their test animals died after eating the food. Menu Foods did not announce the recall until this past Friday.

[01Snake]

This has nothing to do with bashing Dubya. Why are you posting this in the Political Forum?