Mackey investigated over postings
Austin, Texas: The US Securities and Exchange Commission has launched an investigation into online messages allegedly posted by Whole Foods Market CEO John Mackey. He used the pseudonym "rahodeb" to post critical messages on financial forums about Whole Foods Market competitor Wild Oats Markets, according to reports. Whole Foods is in the process of acquiring Wild Oats in a $565m (£283m) deal. Meanwhile, Mackey has defended his decision to criticise the US Federal Trade Commission's challenge to the merger on his own blog. "Today we live in such a politically correct and litigious society that most people in the public realm simply don't say anything that hasn't been pre-approved and sterilised," Mackey wrote. "I want to honestly communicate what I really believe."