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Results for “Short Seller

13 stories found

Close Brothers to Cut 600 Jobs Amid Car Finance Scandal
BusinessThe GuardianThe Independent3h ago2 sources

Close Brothers to Cut 600 Jobs Amid Car Finance Scandal

Close Brothers plans to cut about 600 jobs and implement AI following criticism over its proposed payouts plan related to a car finance scandal, with a short seller suggesting higher liabilities and causing shares to plunge.

Short Selling Is Making a Comeback
Financeadvisor-perspectives13d ago

Short Selling Is Making a Comeback

The public loves to hate short sellers, the investors who profit from declining securities’ values. Their bad reputation is mostly undeserved. In reality, many provide a valuable service, taking the other side of frauds and bubbles, and generally helping drive prices toward a semblance of fair value.

Enablers
Financezerohedge21d ago

Enablers

Enablers Submitted by QTR's Fringe Finance There’s an obvious growing failure at the center of modern markets that, as a former short seller, has become beyond obvious to me over the years. It isn’t just fraud or aggressive accounting. It’s the ecosystem that allows both to thrive: financial media that won’t press, and a sell side that won’t risk upsetting management teams they depend on for access. We’ve seen this movie before. Enron did not implode because there were no warnin...

Max Minghella on Playing the Big Bad of ‘Industry’ Season 4: “I Would Almost Black Out Shooting the Show”
Culturevariety22d ago

Max Minghella on Playing the Big Bad of ‘Industry’ Season 4: “I Would Almost Black Out Shooting the Show”

SPOILER ALERT: The following story contains plot details from “Points of Emphasis,” Season 4, Episode 7 of “Industry,” now streaming on HBO Max. Whitney Halberstram (Max Minghella) is in the wind. Thanks to the tireless efforts of Harper Stern (Myha’la) and her fellow short sellers, Whitney’s fraudulent financial startup Tender has collapsed in on itself, […]