Adani group, an Evil corp?

Btw, on the topic of burning short sellers…
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They wouldn't because it would be stupid of them to. A whistleblower wouldn't blow out a whistle unless there is something major to point out else they lose credibility.

Here is a thought exercise for you - Take Tata Motors or why only large cap..
Even a mid cap eg a Gillette or eClerx - go through the Annual report with a fine toothed comb and see if you can find anything suspicious/questionable.

I still don't get why you are so certain that this is a all cloaks & daggers - If Hindenburg were wrong and had done this out of pure malafide intent, Both of these would have happened:

a) A minor drop in market cap followed by a quick correction because the aggrieved party would have been quickly able to disprove the allegations
B) A massive lawsuit against the alleger - Major defamation and even criminal intent cases have been easily won for allegations and impact of a much lesser degree

As it stands, neither have - which only goes on to prove that you are trying to defend an indefensible scenario.
Hell, Even the alleged party isn't trying to discredit the alleger now but rather focusing on damage control :)

In some ways, its an excellent thing even for the Adani group that this happened - Post stake sales at what are probably realistic valuations, expect the new fund houses to have a major say on the corp governance practices which will only help everyone involved in the long run

agree with everything above, what is also worth understanding is the electoral bond funding for 2024. Stake sales will need to happen to fund the election campaign and ensure continuity of patronage. corporate governance etc will be secondary unfortunately and will be a 3yr-5 yr process as called out above [long run] . :D
 
Yeah pick an example with no strategic implications does not negate the one where it does :p
Drop it buddy. :p

Even long before Hindenburg, everyone was talking about malpractice of 'A'. There are several such posts here on TE. Nobody came to defend 'A' back then. Hindenburg told us what we already knew.

Anyway, I did predict that nothing was gonna happen and,
Current ghotala will be remembered as just some price corrections for 'A' shares.
I gotta start charging cookies for my predictions.

AtTaCk oN tHE Natioin :mad: USA USA /shoots guns in the air…
I can already hear Bruce Willis crying 'Yipee-ka-ye MF' and Arnold running back to the choppa.
 
Anyway, I did predict that nothing was gonna happen and,
I would not call a five year setback as nothing. A cost has been imposed. As to what could have been done or what was not will take more time to assess

Let me give you another example. One that the Americans were against. They helped with Haifa but they opposed here and delisted one of his companies for dealing with the Mynamar military


I don't give a hoot about what the military junta does because neither does China. But they get to have their port whereas we have to give up ours

All this HR and democracy nonsense isn't helping when interests are at play which the US dutifully follows when it suits them and blocks others when it does not.
 
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Before people bring pitchforks saying it's the Wire, Wire is analysing FT's article, which is paywalled.
 
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