Posted on 04/19/2011 11:18:52 AM PDT by TigerLikesRooster
April 18, 2011
Mysterious Trades in a Big Block of Tokyo Electric Shares Draw Regulators’ Interest
By KEITH BRADSHER
TOKYO — Japanese regulators and executives of the Tokyo Electric Power Company are asking questions about a seemingly coordinated series of stock purchases two weeks ago that led to an undisclosed buyer or buyers acquiring a large block of the utility, which owns Japan’s dangerously damaged nuclear power plant.
Regulators want to know whether the trades, valued at up to $600 million and placed from Hong Kong during the week of April 3, were structured to circumvent Japanese securities laws, which require the owner of more than 5 percent of a publicly traded company to file disclosure papers identifying the shareholder.
Depending on the prices at which the buy orders were executed, they could add up to nearly 10 percent of Tepco’s shares.
(Excerpt) Read more at nytimes.com ...
P!
bttt
Soros?
Twitter Breaking News had a blurb about this 3-7 days ago.
Wish I could remember what it said.
Something about $400-500M worth of shares were sold.
Wish Twitter had a bookmark or save feature and I would have saved it.
If I can find more info, I will post it here.
Barack Obama/George Soros were probably the purchaser of the shares.
Lot’s of spent fuel and reactor fuel? Cheaper than making your own bomb material?
See my #5 post. GMTA!
That's a Bingo!
Sounds like something he might do, anything that could be disruptive he seems to have a hand in
It was Jeff Immelt, trying to minimize GE’s liability on the whole fiasco. He bought in with money he got from new green and solar energy contracts secured while traveling on Air Force One to India and SA with Obama.
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