Muddy Waters Research
 | |
| Privately Held | |
| Industry | Market Research |
| Headquarters | New York, United States |
Key people | Carson Block |
Number of employees | 1-10 |
| Website | |
Muddy Waters Research Group is a privately held due diligence based equity research company that identifies overseas Chinese stocks that it expects to change in value by 30% or more. The company is especially known for claiming to spot fraudulent accounting practices at Chinese companies.[1]
History
The company was founded by Carson Block, an American short-seller.[2] The company is named after the Chinese proverb “ 浑水摸鱼 ” 'catching fish in muddy waters'.[3]
Company became known to Wall Street when it released reports on Sino-Forest's timber holding,[4] which eventually lead to Sino-Forest filing for bankruptcy in Canada.
Muddy Waters proved unsuccessful in calls on companies such as American Tower Corp or Olam. [5]
See also
- Gotham City Research
- List of United States companies
- Sino-Forest
- Olam International
References
- ↑ "Profile".
- ↑ http://dealbook.nytimes.com/2014/09/10/short-seller-carson-block-says-hes-wary-of-alibaba/
- ↑ "About us".
- ↑ "Carson Block: The man behind Muddy Waters, a scourge of listed Chinese companies". The Economist. 7 July 2011. Retrieved 14 January 2013.
- ↑ http://www.bloomberg.com/news/articles/2015-04-09/carson-block-s-once-perfect-short-sale-resume-losing-some-luster
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