The Globe and Mail (a mainstream Canadian newspaper) has published a piece confirming the core allegations of Muddy Waters research re Sino Forest. The deals that Sino did in one area are it seems - grotesquely overstated. By implication Sino is not to be trusted and the Muddy Waters allegations are likely to be substantially correct.
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Sino Forests and a puzzle for media analysts
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The Globe and Mail (a mainstream Canadian newspaper) has published a piece confirming the core allegations of Muddy Waters research re Sino Forest. The deals that Sino did in one area are it seems - grotesquely overstated. By implication Sino is not to be trusted and the Muddy Waters allegations are likely to be substantially correct.