An intensifying challenge for bankers and regulators is how to keep the turmoil in the stock market from spilling into the lenders’ day-to-day businesses.
Category: Short Selling
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Carl Icahn, Activist Investor, Becomes Target of Short Seller
Hindenburg Research, which made its name by taking on Gautam Adani and the Twitter co-founder Jack Dorsey, likened Icahn Enterprises to “Ponzi-like economic structures.”
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Short Seller Accuses Jack Dorsey’s Block of Facilitating Fraud
The New York Times – Business:Shares of the financial tech company plunged after Hindenburg Research said it had failed to stamp out illegal activity on its platforms, including drug sales and sex trafficking.
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Gautam Adani Lost $36 Billion in Days. Who Is He, and What Happened?
The New York Times – Business:Gautam Adani is facing perhaps his biggest challenge yet as a small U.S. investment firm accuses his Indian conglomerate of fraud and stock manipulation.