Muddy Waters: the finest take on a Chinese fraud yet
Carson Block and his team at Muddy Waters Research have just released a report on Sino Forest - a huge Canadian listed company - or is that a huge Canadian listed fraud?
There is a cottage industry in doing forensic analysis of Chinese frauds. I have analysed many and put only a smattering on the blog.
But I have never seen anything this big or this amazing.
Read the report. I am in awe.
John