Caterpillar Posts Record 48 Consecutive Months Of Declining Retail Sales (12-20-2016)
Posted on 03/02/2017 9:51:15 AM PST by blam
PEORIA — Federal officials executed a search warrant at three Caterpillar, Inc. facilities in the Tri-County Area — including the corporate headquarters — Thursday morning.
Company officials confirmed the presence in a statement without specifying which agency was performing the search or what the search was in regard to. A spokeswoman declined by email to provide further details.
"Caterpillar is cooperating," the brief statement said.
The spokeswoman for the U.S. Attorney for the Central District of Illinois confirmed that facilities in three communities were the subject of the activity — Peoria, East Peoria and Morton.
At the Downtown Caterpillar global headquarters building, at least some company employees were directed to the building's cafeteria and were told to remain there and not leave, according to one employee at the facility. Another source with direct knowledge indicated those sequestered there include employees in the tax and accounting divisions, as well as from executive offices. At least some of those employees were released to go home for the day at approximately 11 a.m.
(snip)
(Excerpt) Read more at pjstar.com ...
Wonder if this has anything to do with the recent decision to relocate the corporate HQ...
My dad retired from CAT many years ago, but he worked in R&D.
It will be interesting to see what this is all about.
WHERE ARE THE FINANCIAL RECORDS FROM SOLYNDRA THAT THE FBI CONFISCATED, THE DAY AFTER THEY ANNOUNCED BANKRUPTCY?
1 YEAR AFTER OBAMA GAVE THEM $500 MILLION
Illegal workers?
The national news soap opera continues.
Another non-news story until details can be given.
This type of reporting can only lead to wild speculation. -Tom
A placard in the window of one of the federal vehicles noted it was used by police from the U.S. Department of Commerce Bureau of Industry and Security Office of Export Enforcement.
Since news of the search warrants broke, Caterpillar stock fell more than $3.50 from an opening-bell price of $98.36 per share and continued to trend lower throughout the morning.
That's just hateful right-wing conspiracies. This sort of speech just goes to show the need for stronger hate-speech laws. (s)
The Russians must have hacked some of their front-loaders.
US Marshalls usually handle export law (ITAR) violations but this seems to be more than that.
Is Rham giving them some kind of tax break?
Did someone from Caterpillar speak to someone in Russia?
Most likely this is about doling out kickbacks to do business overseas.
Somebody blew the whistle because they don’t like the new managements move to Chicago.
They’re looking for pancakes.
Rut roh Scooby!
Maybe they could swing by the Deere and Co offices in Moline and see if Deere still has that bottom copy that got a secretary there in 1980 fired for making.
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