The Wisdom of the Short-Sellers
A new study finds that many short-sellers have done well through astute research and analysis.
View ArticleGermany Moves to Widen Ban on Speculative Trades
A new draft law expands the ban on naked short selling to all stocks that have their primary listing in Germany, as well as on European government bonds.
View ArticleEurope Refuses to Be Rushed on Regulation
The European Commission rebuffed claims from Germany and France that it was moving too slowly to regulate risky financial practices.
View ArticleIn Lehman’s Demise, an Elusive Search for Culprits
White Collar Watch examines how lawyers for the bankrupt Lehman Brothers estate are seeking damages by arguing that short-sellers spread false information about the firm before it collapsed.
View ArticleS.E.C. v. Hedge Funds: This Week It’s a Tie
The S.E.C. scored a win in one case against a hedge fund, Carlson Capital, but it was dealt a loss in another hedge-fund case involving Wynnefield Capital.
View ArticleEinhorn’s Contrarian Bet
David Einhorn may be best known for his short sales. So why is he buying a stake in the New York Mets?
View ArticleMisdirection in Goldman Sachs’s Housing Short
No one disputes that Goldman Sachs shorted the housing market. The problem is not the size or the timing of the short selling, it’s how the investment bank went about doing so.
View ArticleUBS Fined $12 Million Over Short-Selling
Finra accused the Swiss bank of a “systemic supervisory failure” in its oversight of millions of short-sale trades over the last five years.
View ArticleAt Diamond Foods, Accounting Weighs on Pringles Deal
Short-sellers have challenged Diamond Foods' accounting over a payment for walnuts. A subsequent drop in the company's stock has cast a shadow over a deal to acquire Pringles from Procter & Gamble.
View ArticleA Jobs Bill That Will Provide Help, but for All the Wrong People
The Jump-Start Our Business Start-Ups Act will bring much-needed help to some of those hardest hit by the economic downturn: Wall Street analysts, short-sellers and lobbyists.
View ArticleLevel Global Founder Is Said to Have Been on Insider Trading Call
David Ganek, a hedge fund manager whose firm was swept up in an insider trading investigation, took part in a 2008 call when employees discussed secret information about Dell's upcoming earnings,...
View ArticleDisclosure by Short-Sellers Would Improve Market Clarity
Wild gyrations of stocks based on the barest mention by short-sellers revive the debate on whether rules should require disclosures of big short positions.
View ArticleSingapore Company Sues a Vocal Critic
Muddy Waters Research says Olam International, an agricultural commodities company partly owned by the Singaporean sovereign wealth fund Temasek Holdings, is "at risk of collapsing." Olam has responded...
View ArticleMuddy Waters Offers to Pay for Olam Debt Rating
The short-seller introduced an unusual twist in its battle against the Singapore commodity company: an offer to pay for the company to get its debt rated by Standard & Poor's.
View ArticleLoeb Explains His Herbalife Bet
In a letter to investors, Daniel Loeb, the Third Point chief, explains exactly why he's so upbeat about the prospects of Herbalife, a purveyor of nutritional supplements that William A. Ackman has...
View ArticleS.E.C. Fines Options Exchange for Lax Oversight
The agency fined the Chicago Board Options Exchange and its affiliate $6 million in what was the first action related to an exchange's responsibility to self-police its market.
View ArticleU.S. Short-Seller Takes Aim at Chinese Vegetable Producer
The Glaucus Research Group has accused the China Minzhong Food Corporation of fabricating sales and doctoring financial statements, leading to a 48 percent fall in Minzhong's stock before trading was...
View ArticleTakeover Bid for Chinese Food Company Rebuffs Short-Seller Attack
Shares in the China Minzhong Food Corporation, targeted last week by the California short-seller Glaucus Research Group, surged 112 percent after the company received a $576 million takeover offer from...
View ArticleFirms to Pay $14 Million to Settle
D.E. Shaw and Deerfield Management were among the firms that have agreed to pay a total of $14.4 million to the agency.
View ArticleGermany Moves to Widen Ban on Speculative Trades
A new draft law expands the ban on naked short selling to all stocks that have their primary listing in Germany, as well as on European government bonds.
View Article