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The world's third-richest man has been accused of pulling of the 'largest con in corporate history' through the Indian-based Adani Group corporation. US investor Hindenburg Research, which has begun short selling the conglomerate through bonds, conducted a two-year probe into head Gautam Adani, who is worth $125billion. The firm alleges that Adani and his family controlled a web of offshore shell accounts that it used to carry out corruption, money laundering and taxpayer theft, all while siphoning money from the companies they owned. Adani has pulled off this gargantuan feat with the help of enablers in government and a cottage...

Now Wall Street finds Tesla sales are not adding up as hoped this year. Morgan Stanley is forecasting 344,000, below the low end ... Worse for Tesla, the $7,500 rebate will continue to apply in full to a tidal wave of electric cars about to hit the U.S. market. This onslaught—coming from Mercedes, VW, BMW , Volvo, Porsche, Nissan, Kia, Hyundai, you name it—is the fruit of an estimated $300 billion in capital the industry has committed to building money-losing electric cars... Unfortunately, unlike these companies, Tesla needs to make a profit from its electric cars. It doesn’t have a...

Elon Musk is grinning ear to ear today. Tesla shares jumped nearly 12.72 percent as a former short-seller of the stock cried uncle and admitted that Tesla was "destroying the competition." The stock registered the biggest gain by far on the Entrepreneur Index™. After a volatile day, the index closed down 0.26 percent. Citron Research, party to a securities class action lawsuit against Tesla over Mr. Musk's tweets earlier this year about going private, published a note this morning saying that Tesla's Model three was causing "a legitimate disruption of the auto industry." Tesla announced yesterday that it would report...

The following is based on a report by Cliff Kincaid for Accuracy in Media. The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole. But Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear. Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged...

Short sellers desperate to bet against Facebook shortly after its debut on public markets are now getting their chance. Shares of the much-anticipated IPO have fallen sharply since they opened at $42.05 on Friday amid an initial flurry of trading problems at the Nasdaq and after news that top underwriters cut their revenue estimates just days before the offering. Yet, short sellers are still eager to bet against the stock given its lofty valuation.

FRANKFURT (MarketWatch) -- Deutsche Boerse's downtown Frankfurt trading floor was evacuated Wednesday after a bomb threat, news reports said. The stock exchange received the threat by phone around 4:30 p.m. local time (10:30 a.m. Eastern) and the building was evacuated by 5 p.m., Reuters reported, citing local police. A spokeswoman for Deutsche Boerse was unable to provide immediate comment.

The Aftershock Survival Summit is a gripping, no-nonsense presentation that’s quickly becoming a financial beacon in an economic tsunami. Featuring an exclusive interview with famed economist and best-selling author Robert Wiedemer, this disturbing presentation exposes harsh economic truths along with a dire financial warning — a prophetic message that’s spreading across America like wildfire. But it’s not just the grim predictions that are causing the sensation; rather, it’s the comprehensive blueprint for economic survival that’s really commanding global attention. Read more: Aftershock Survival Summit Predicts the Unthinkable Important: Can you afford to Retire? Shocking Poll Results

If any of you are currency traders,I'd appreciate a bit of information about the (Russian) ruble: Has anybody been "shorting" it of late ? If so, who (primarily)? Thanks for any help !

NY Times headquarters Investors are increasing their bets that the slumping New York Times stock, which has plunged 25 percent in the past year, won't bounce back anytime soon. Short sellers, who profit when a stock's price falls, increased their positions to 14.6 million shares in April. Short sellers held 14 million shares in March and just 6.4 million shares last April. The blossoming short selling in Times stock is a key sign that investors feel the newspaper titan and its boss, Arthur "Pinch" Sulzberger, Jr., have done little to quell stockholder unrest that cropped up at its mid-April...