Investors are not convinced that regional banks including PacWest and Western Alliance can remain viable. Some are actively betting on their demise.
Category: Short Selling
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PacWest Says It’s Exploring Options After Shares Plunge
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.
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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.