Browsing articles tagged with " muddy waters"
John Paulson has had a tough year, and that’s probably a bit of an understatement. Ever since he made the prescient call that the housing market would collapse, and the sub-prime mortgage market would implode, everything he’s touched has turned to coal. Paulson’s Advantage Plus hedge fund was down over 53% this past year and then there was his disastrous call on the Chinese timber company Sino-Forest, which over stated its timber holdings and Paulson’s hedge fund sold their entire stake at a $468 million loss. Most recently, Paulson sold his stakes in Bank of America and Citi, only
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said more or less the same think about Focus Media, had their homepage hacked: www.muddywatersresearch.com. Although that didn't stop them from wishing you a Happy Thanksgiving and reiterating their strong sell call on Focus Media. Right now, this is what their homepage says:
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