Insider Trading at Daimler Chrysler Probed

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Woe to you, DaimlerChrysler, oh earth and sea. For the federales bring the Number-crunchers of the Beast! Hot on a bribery investigation by the US Justice Department (and a booze-party scandal involving new boss Dieter Zetsche's wife), German regulators are investigating possible insider trading within DaimlerChrysler. Allegations arose after a routine check by a German financial-services watchdog firm, following a jump in DaimlerChrysler's stock value that came suspiciously on the heels of the announcement, last month, that chief executive Juergen Schrempp would step down. Sell, Mortimer, sell!

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DCX stock dealing probed [Detroit Free Press]

Related:
Wife of New Daimler Boss in Booze Scandal [internal]

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