Tag Archives: Jim Chanos
Interview With Jim Chanos
Bill McIntosh at the Hedge Fund Journal has an interview with Chanos. True to form, Chanos mentions Enron as the example of his brilliance in detecting abnormalities in balance sheets. Besides that, it’s a pretty good interview.
Chanos Dislikes New SEC Short Selling Rules
Chanos’s statement reads: “Rebuilding investor confidence should be the primary objective of any new regulatory effort and it is not clear that today’s proposals will meet that simple goal. Skeptics, independent research and critical analysis must continue to play a … Continue reading
Filed under Enron
It’s Hard To Negotiate With A Crazy, Rich Person
Oh my goodness, this is one of the best Enron stories we’ve seen in months. (Background is here.) Goldman Sachs MD Marc Spilker wanted to widen his path to the beach at his house in the Hamptons. Unfortunately, his neighbor, … Continue reading
Filed under Enron
Chanos Bites Skilling’s Style
In a ridiculous article today, short seller Jim Chanos completely plagiarizes Jeff Skilling: “We’re not the most popular people in the world. We understand that,” Jim Chanos told Politico. “But we’re on the side of the angels here.” For the … Continue reading
Filed under Enron
Bethany McLean On The Daily Show
All I kept thinking was… oh my god, her hair. What happened? But once you get past that, and you should because she’s otherwise a very pretty, soft-spoken young woman, she starts contradicting herself again. She says it was impossible … Continue reading
Filed under Enron
The Long and Short of Short Selling
Economist has a typically comprehensive article about short sellers. Naturally, Jim Chanos is quoted defending his profession. A fun fact in the article: in 1995 Malaysia’s finance ministry reportedly proposed caning as a punishment for abusive shorting. Awesome.
Filed under Enron
Chanos To Financial Media: Quit Making Stuff Up
Oooh this is rich. Now Chanos is taking aim at another train wreck: the financial media. In a speech yesterday, Chanos trashed the broadcast and on-line media for breathlessly reporting rumor as legitimate news and called for more regulatory investigations … Continue reading
Filed under Enron
Jonathan Weil’s Six Business Lessons
Jonathan Weil was one of the first mainstream journalists to question Enron’s use of mark to market accounting in a September 20, 2000 Wall Street Journal article. The questions Wiel raised had Enron-friendly answers – at the time. In a … Continue reading
Filed under Uncategorized
Shortseller Charged With Spreading False Rumors
The SEC charged Paul Berliner, a short-seller, with spreading false stories about Blackstone’s acquisition of Alliance Data Systems while selling ADS shares short, according to Financial Times. According to the complaint, Mr Berliner on November 29 sent instant messages to … Continue reading
Filed under Enron
Enron Short-Stock Trader Jim Chanos Befriended Spitzer Hooker
NYP has a deluxious story on Jim Chanos, the short-seller who originally told Bethany McLean to look at Enron (resulting in the Fortune article, “Is Enron Overpriced?” and later the travesty, The Smartest Guys In The Room). It seems he … Continue reading
Filed under Enron
