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Chanos: Ackman, Einhorn Help Expose Fraud

Posted By Barry Ritholtz On April 12, 2013 @ 5:45 am In Hedge Funds,Short Selling,Video | Comments Disabled

Chanos:

“I think [hedge funds] play an important part, particularly from the short side. Short-sellers and hedge funds are actually real-time financial detectives in that they are incentivized through profit to ferret out fraud, and I think that’s a very important role that people forget about from time to time.”

 

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[1]
Source: Yahoo Finance [1]


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[1] Image: http://finance.yahoo.com/blogs/daily-ticker/jim-chanos-ackman-einhorn-deserve-applause-exposing-fraud-125941336.html

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