House Democrats question findings of Kodak's internal review in wake of botched pharma deal

Securities transactions made by Kodak CEO Jim Continenza around the time the company learned it could receive the massive loan prompted investigations by lawmakers.

An internal review said that Continenza's transactions did not violate company policy or securities laws. However, the investigators did note "several flaws in the process." But three Democratic lawmakers on Thursday questioned the findings of the internal review and said their Congressional committees will continue to investigate the matter.

Kodak executive ringing the opening bell on the floor of the New York Stock Exchange on January 8, 2014.to conduct an internal review of the events surrounding a planned $765 million loan from the federal government that sent the company's stock price soaring. Securities transactions made by Kodak CEO Jim Continenza around the time the company learned it could receive the massive loan prompted investigations by lawmakers. Suspicious trading activity around the time of the announcement has also raised concerns about the manner in which the deal was disclosed.

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Do 'House Democrats' ever do anything positive for American citizens? Or they only protest things?

Anything trump touches turns to shit ..... I wouldn’t be surprised if he got a kickback

😳 botch !!!!!!! !!!!!!!

I do as well!

Hahahaha, someone should make a movie about this.

Kodak all of a sudden becomes a pharma play? Pure effin market manipulation. Follow the money.

It wasn't a pharma deal, it was a scam initiated from the Whitehouse. A ten year old kid could have worked that out. Trump oversees an Office of thieves, stealing from oversea countries, and from within his own countey.

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