Disney Insider Busted For Insider Trading

by Derek Loosvelt | May 26, 2010

Remember that old joke that poses the question, Why did Mickey divorce Minnie?

goofy

Well, now you can add another Disney insider to the short list of those caught screwing around behind the Big Mouse's tail: a (former) executive assistant named Bonnie Hoxie (an appropriate name for an alleged crook) was arrested in an insider trading scheme that could garner her and an accomplice up to 25 years in the slammer each.

Apparently, Hoxie and her mate were dishing investors privileged information such as quarterly reports and updates on Walt Disney's dealings to ditch ABC to private equity firms.

Which is, of course, just plain f'n goofy.

Filed Under: Finance


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