Muddy Waters’ Short-Target NMC Health, a FTSE 100 Company, Admits Doctoring Accounts on Massive Scale. Shares Suspended by Nick Corbishley • Feb 29, 2020 • 72 Comments “Even more damning than our initial report”: Carson Block of Muddy Waters.
Creditors Stumble into New Black Hole at Energy Giant Abengoa by Don Quijones • May 10, 2016 • 32 Comments Accounting tricks come home to roost.
How Wall-Street Hocus-Pocus Inflates S&P 500 Revenues by Wolf Richter • May 9, 2016 • 36 Comments But even the well-oiled machine couldn’t hide the decline.
This Shows Financial Reality Has No Place in Today’s Markets by Don Quijones • Mar 30, 2016 • 7 Comments Another Happy Day for Destructive Accounting.
Deloitte About to Pay for its Spanish Sins? by Don Quijones • Feb 14, 2016 • 17 Comments Bilked Investors, including the US government, are furious.
One of World’s Biggest Construction Companies to Hit the Wall? by Don Quijones • Jan 24, 2016 • 6 Comments The shorts are circling.
IBM Discloses SEC Investigation, Plunges to Worst Level since 2010, Even Share Buybacks Don’t Work Anymore by Wolf Richter • Oct 27, 2015 • 10 Comments Financial Engineering bites back.
Short Sellers Lower Boom on Wall-Street Hype, Big Pharma by Wolf Richter • Oct 25, 2015 • 7 Comments Thankless way of trying to make a buck – ironically benefitting consumers, taxpayers, and investors.