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Keyword: fraudcaps

China “fraudcaps”: how to profit(spotting fraudsters ahead of gullible sheep)

06/05/2011 7:53:01 AM PDT · by TigerLikesRooster · 2 replies
FT ^ | 05/25/11 | Alexandra Stevenson

China “fraudcaps”: how to profit May 25, 2011 8:07 pm by Alexandra Stevenson Clerks work in the Eurodollar pit at the CME Group following news from the Federal Open Market Committee (FOMC) meeting concerning short-term interest rates January 27, 2010 Longtop this week became the latest in a recent wave of US-listed Chinese companies that have disclosed they are being investigated by the SEC. Investors in Chinese small stocks have taken fright and long-time China bear Jim Chanos on Wednesday expressed his regret at missing a chance to short these companies. So what’s the deal – and if Chanos isn’t...

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