REGULATORY: FBI Raids Auburn Hills Auto SupplierI'll just add that I think Alby Berman is either a shill or not very bright:
The Detriot News reports this morning that FBI agents raided the offices of automotive safety equipment maker TK Holdings, Inc. of Auburn Hills. Alby Berman, v-p of marketing and public relations for the firm, told the newspaper that the agents never stated a purpose for the raid but he suspected it was part of a probe into antitrust activities withing the supplier industry.
The 25 agents involved in the raid are reported to have spent five hours copying computer hard drives, removing files and interviewing employees. In particular, the agents appeared interested in dealings with Toyota Motor Corp.
The newspaper also reports that international agents searched the offices of some suppliers in Japan and Europe later on Tuesday.
According to The Detroit News, TK Holdings employs about 400 people in Auburn Hills, most of them working in sales or engineering. It is the North American subsidiary of Japan's Takata Corp., which is a major supplier of safety systems to Japanese automakers.
Background of Constant Negative Toyota Press + FBI Interest in Toyota Information = A Probe into Antitrust Activities within the Supplier Industry? Give me a break...