US short-seller Hindenburg winding up its operations: Founder Nate Anderson

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US short-seller Hindenburg winding up its operations: Founder Nate Anderson - Business Standard

Quick Summary:

And as of the last Ponzi cases we just completed and are sharing with regulators, that day is today,” said Anderson in a note.

The conglomerate also had to abandon a Rs 20,000-crore fresh share sale by flagship Adani Enterprises despite garnering full subscription.

The announcement also comes at a time when a Republican Congressman requested the Department of Justice to preserve all documents and communications linked to the investigations involving Adani.