The rout in #SVB's stock, which began on Thursday, has spilled over into other U.S. & #Europeanbanks. U.S. banks have lost over $100 Billion in #stockmarket #value & #European #banks have shed another $50 #billion in value in past two days.
Meantime, #HindenburgResearch & #GeorgeSoros are missing & hiding

What a story: gifted you @washingtonpost Post article: An alleged $500 million Ponzi scheme preyed on Mormons. It ended with FBI gunfire.

Gift article, at no cost to you: In Las Vegas, a lawyer with huge gambling debts is accused of a financial fraud that left hundreds of victims in its wake https://wapo.st/3wPWiyR
#ponzischeme #lasvegas #mormons #MatthewBeasley #JeffreyJudd #HindenburgResearch #NateAnderson #JasonJongeward #ShaneJager

Now that it seems clear that #HindenburgResearch won the bet, question would be how did it short #Adani's stock?
Adani shares are not usually traded and any foreign investor in the market of #India must register
It seems that #Hindenburg would have built his short on the basis of #ParticipatoryNotes -an off-shore derivative instrument-
that it's not traded in market of India but in #Mauritius or another #TaxHaven-

Inflated? #hindenburgresearch #AdaniGroup

Image : @satishacharya@twitter.com

RT @dnetta@twitter.com

-#HindenburgReport के बाद #AdaniGroup के शेयरों में 20% की गिरावट आई है।

#Adani की ठगी को लेकर #RahulGandhi देश और संसद को सालों से चेतावनी देते आ रहे हैं।

#PMModi का नारा है - मित्रों को छूट, जनता को लूट!

#hindenburgresearch #stockmarketcrash #adaniports #AdaniEnterprises

🐦🔗: https://twitter.com/dnetta/status/1618942528769884160

#HindenburgResearch report on #AdaniGroup states that stock of its subsidiaries have sky-high valuations
Most of #Adani stock have some 85% possible run downside on actual price.
Things will start to change when you can demand responsibilities from commercial department of the bank that sold you shares that are not worth the paper on which they are written.

It may be 413 pages, but it is nowhere near as convincing as the #HindenburgResearch analysis that set fire to #adanigroup.

The skinny on this scandal? #Adani inflated the value of his holdings by investing and trading with himself at escalating prices, concealing this market manipulation behind offshore investment houses and funds that he controls through straw men and catspaws.

Adani’s 413-Page Hindenburg Reply Aims to Calm Before Share Sale https://www.bloomberg.com/news/articles/2023-01-29/adani-says-hindenburg-conduct-is-calculated-securities-fraud

I do not agree with conclusions of #TheNewYorkTimes piece about #AdaniGroup and its #shaky-shaky -as #DaddyYankee would sing- on Stock Market
And I don't agree coz I've read #HindenburgResearch's thread of 54 tweets and 88 -not answered yet- questions in conclusion of the report
#Adani's FPO was a scam and everything will depend on
eventual drop in FPO price,
and stock and debt holders structure of #Adani subsidiaries
On Monday It will be seen but INMHO they are going to tear #Adani into pieces.

WoW!
Joint #marketcap of subsidiaries drops in uS$ 50 bln
2 days of panic in markets after publication of #HindenburgResearch findings
100,000 mn in last 3 years of #AdaniGroup conglomerate
were not profits but almost 820% rise in price of its shares drove by liquidity and speculation
It was all a cosmetic guided pre-public offer
It's Friday and we'll see how Monday dawns
but real profits and indebtedness levels of its subsidiaries maybe could led to a sellout of #Adani's fishy stock

In 2010 officials of Gov of #India gov accused #AdaniGroup of tax evasion.
In 2017, Customs Service of #India explained how #AdaniGroup used shell companies to empty the conglomerate and evade money to accounts controlled by #Adani family in tax havens.
In 2023, #HindenburgResearch has published findings
after two years investigation:
#Adani uses bad accounting practices and market manipulation to promote his public offerings
Now Adani was seeking uS$ 2.5 bln from investors to fund capital

Turbulenzen an der Börse: das Großkonglomerat #Adani aus #Indien, berüchtigt für den Versuch, das #GreatBarrierReef in #Australien auszubaggern, scheint einem Bericht der Shortseller #HindenburgResearch zufolge massiv überschuldet. /MS
https://www.spiegel.de/wirtschaft/unternehmen/nach-shortseller-bericht-reichster-mann-asiens-verliert-milliarden-a-a6149b96-2079-4cd6-b3ba-c91bbf96d630