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Tuesday, September 02, 2003

Claude Cockburn dictum applies today as much to investors as it does journalists: Never believe anything until it is officially denied.
Whistleblower says he just wanted Coke to listen

Matthew Whitley wanted to work for Coca-Cola so much he submitted his resume 15 times. After getting hired, the auditor and finance manager drank nothing but water and Coke and decorated a room in his house with company trinkets.
Eleven years after getting his dream job, Whitley is just drinking water. His wife sold the Coke plates, glasses and memorabilia at a garage sale. He is out of his $140,000-a-year job after accusing officials of the world's largest soft drink maker of shady accounting and fraudulent marketing practices.

· Coke denies insider information allegations [ StAugustine]
· Boeing denies insider information allegations [LJWorld ]