General fitness, health and nutrition · Public discussion

Whole Foods Pulls Embarrassing Statement From Their CEO

Started by Mark Thorson · · Last activity · 1 post · 113 views

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General fitness, health and nutrition
Published
19 July 2007
Last activity
19 July 2007
Original author
Mark Thorson
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1
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  1. But it's still in Google's cache:
    http://72.14.253.104/search?q=cache:8XDOpnRN4fgJ:www.wholefoodsmarket.com/ftchearingupdates/faq.html+Rahodeb+%22WHole+Foods%22&hl=en&ie=UTF-8&gl=us&strip=1

    [My comments in square brackets.]

    Who is "rahodeb" and why does the FTC quote this person?

    From 1999 to mid-2006 I made a number of postings on the
    Yahoo! financial bulletin boards concerning Whole Foods
    and Wild Oats under the user name "rahodeb." The FTC
    discovered my identity as rahodeb through one of the
    millions of litigation documents that Whole Foods
    provided to them. They are quoting rahodeb in some of
    their legal documents and no doubt seek to embarrass
    both me and Whole Foods through these disclosures.
    I want to make the following points about rahodeb here:

    1. I posted on Yahoo! under a pseudonym because I had
    fun doing it. Many people post on bulletin boards using
    pseudonyms.

    [But few of them are using pseudonyms to conceal illegal
    activities. That's what makes them different from you.]

    2. I never intended any of those postings to be
    identified with me.

    [Of course you didn't! Because you knew you were doing
    something illegal. It's called stock manipulation.
    That's why you were using a pseudonym!]

    3. The views articulated by rahodeb sometimes represent
    what I actually believed and sometimes they didn't.
    Sometimes I simply played "devil's advocate" for the
    sheer fun of arguing. Anyone who knows me realizes that
    I frequently do this in person, too.

    [You were trying to drive down the price of the stock of
    a company you wanted to buy, so it wouldn't cost so much.
    That's why you were posting to Yahoo's FINANCIAL bulletin
    board, rather than a food-related forum, like RFC.]

    4. Rahodeb's postings therefore do not represent any
    official beliefs, policies, or intentions by either Whole
    Foods Market or by me.

    [If they have any brains, the stockholders will remove
    you from your office. They need to put as much distance
    between the company and you as possible, in anticipation
    of a lawsuit from Wild Oats.]

    5. At no time did I reveal any proprietary information
    about Whole Foods on Yahoo!

    [No, you just kept knocking Wild Oats to drive the price
    of their stock down. You don't need to reveal any Whole
    Foods proprietary information to do that. The whole
    proprietary information question is a red herring to
    pull the spotlight off what you DID do. You posted
    disparaging information about Wild Oats, some of which
    you believed and some of which you knew wasn't true.]

    6. All of rahodeb's postings should be read in the full
    context of the discussions that were taking place on the
    bulletin board at the time the postings were made.
    Reading them out of context may lead to serious
    misunderstandings.

    [We only need to understand one thing about the context.
    You were trying to drive down the price of Wild Oats
    stock, a company you were planning to acquire.]

    7. All of rahodeb's postings also need to be understood
    in the context of the time that they were written.
    Because the competitive market has evolved so much in the
    last 5 years, older postings mean far less today than
    they did when they were written.

    [Again, we know the context. You were trying to drive
    down the price of the stock. We don't need to know
    anything more than that. Making a dishonest profit
    is second nature to you. You think it's "fun".
    You are scum.]

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