The Securities and Exchange Commission (SEC) has ruled that the Chinese affiliates of the Big Four accounting firms (Ernst & Young, KPMG, PricewaterhouseCoopers, and Deloitte Touche Tohmatsu) may not audit US listed companies, a decision that will create significant difficulties for Chinese companies listed in the US and US companies with major Chinese operations, reports Kathy Chu for The Wall Street Journal.
As followers of Jim Chanos and his investment style, we were excited to listen to all of his interviews. Today he sat down with CNBC to talk about a number of... Read More
JPMorgan Chase & Co (NYSE:JPM) is meeting with Attorney General Eric Holder today, according to reports that came in this morning. The two are meeting up in order to... Read More
Americans are more optimistic about their chances of getting ahead than any another nation on earth, according to a new study from the Brookings Institute. The real problem isn’t... Read More
Bill Ackman might be over his fight with Carl Icahn (perhaps), but it looks like the CEO of Pershing Square might be in the midst of another with someone... Read More
Sure appears as though Larry Summers likes ordering around women -- and he appears to have a temper when he is told "no." Summers' debate with Hubbard Summers was the flashpoint... Read More
Charlie Munger: How One Life Hack From A Self-Made Billionaire Leads To Exceptional Success via Michael Simmons, Forbes Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in... Read More
The Odey European Fund, with close to $2.5 billion under management, delivered 4.6% performance in February while building a significant short position in Japanese ten year bonds. “Sometimes things suddenly... Read More
LightSquared, the company that was supposed to revolutionize internet access in the United States, has filed a lawsuit against DISH Network Corp (NASDAQ:DISH) and its chairman Charles Ergen. The... Read More
 Mike Pyle has misled investors by covering up the grounding of the planes this winter. Mike Pyle also sold stock to investors this winter. Complicit sell-side firms earned... Read More
When Herbalife Ltd. (NYSE:HLF) announced that it had received a civil investigative demand (CID) from the Federal Trade Commission (FTC), most people knew that it was a real possibility... Read More
