How a CEO’s Faked Results Led to a $300 Million Wipeout

How a CEO’s Faked Results Led to a $300 Milli...

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Our Town Chapter 1: Sometimes You Find Silver

Oh, the things you can find with an inquisitive mind – and a metal detector.Today we’re bringing you Chapter 1 of Our Town, a limited-run series from The Big Take, hosted by Meribah Knight with Bloomberg’s Susan Berfield. The series tells the story of a battle over identity fough ...  عرض المزيد

The Situation at Situational Awareness

Situational Awareness, a hedge fund run by a 24-year-old hailed as “Nostradamus of AI”, swelled to $45 billion in assets until a mix of highly leveraged bets, short sellers and a market swoon threw it into crisis. On today’s Big Take podcast, Bloomberg’s Katherine Burton and Hema ...  عرض المزيد

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Inside a hedge fund disaster
The Story of Money

In 2007, when Dan Och took his hedge fund public, he was making a bet that his company would stand the test of time. More than 15 years, a bribery scandal, and a feud with his protégé later, things have not worked out as planned. The FT’s Ortenca Aliaj and Sujeet Indap go insi ...

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Dham Scam: Boom, Bankruptcy, Billions Bamboozled
The Morning Brief

Amtek Auto, once one of India’s biggest car component makers, is accused of a Rs 12,000 crore money laundering scam. Arvind Dham’s company which went bankrupt in 2017, has been accused of cheating, fraud and siphoning bank loans. With an investigation ongoing and the case reac ...

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Confessions of a Tech Entrepreneur Who Lied to Investors
Foundering

When Antonio Garcia Martinez was trying to raise money for his fledgling tech company, he worried that an honest pitch wouldn't get him the funds he needed. So he lied. This week, Brad and Bloomberg Technology's Ellen Huet explore the murky world of early-stage startups -- not ju ...  عرض المزيد

Satish Jindel on Suppliers Hurt By Hanjin Shipping Woes (Audio)
The Tape

(Bloomberg) -- Taking Stock with Kathleen Hays and Pimm Fox. GUEST: Satish Jindel, President of SJ Consulting Group, on how the collapse of Hanjin shipping company left an estimated $14 billion of goods adrift, leaving suppliers scrambling. Learn more about your ad-choices at htt ...  عرض المزيد