NEWS
Reuters correspondents Julien Toyer and John O’Donnell report on November 25 that “a pan-European watchdog should be given powers to stop short-selling, according to a European Union report that also calls for tough sanctions against hedge funds that fail to curb pay, borrowing and risk-taking. “
The European Union is considering an Alternative Investment Fund Managers [...]
Yale University’s School of Management posted the following article and video about an October 26 speech by the chairman of the Coalition of Private Investment Companies, James Chanos:
James Chanos YC ‘80, founder and president of Kynikos Associates, has a long history of saying something is headed down when most others are calling for it to [...]
In a book just published by McGraw Hill, Robert Sloan argues that short selling lies at the heart of every Wall Street transaction and fuels the financial system.
Sloan explains that without shorting, credit in high-yield, distressed, convertible bonds and equities vanishes, thus choking economic activity. The book: Don’t Blame the Shorts: Why [...]
James Chanos, the chairman of the Coalition of Private Investment Companies, and Robert Sloan, of S3 Partners, discuss lessons from the financial crisis on CNBC’s Squawk Box on November 12.
“Accounting matters a lot. Messieurs Glass and Steagall may have had it right. Compromising financial statements. Shooting the messengers. [...]
In a November 11 column by Bloomberg writer David Reilly, the chairman of the Coalition of Private Investment Companies (CPIC) called a proposal to have a council of regulators that would determine banks’ accounting rules a “monstrous idea.”
CPIC’s chairman, James Chanos, “who has flagged numerous accounting frauds over the years including the [...]
London, November 9 – A report released today by the UK Treasury’s Asset Managers Working Group on European Union regulatory proposals defended the practice of short selling as a means of creating “deep two-way markets” and allowing for effective risk management.
“Maintaining liquid markets is crucial to the industry’s ability to deliver the best [...]
