Shock horror, MSB's saviour has links to big pharma that could scuttle his appointment.
Also, more bad news:
"Updated Jan 13, 2022 – 5.39pm, first published at 1.04pm
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Famed short-seller John Hempton has vowed to target an Australian market that is ripe with “frauds”, a problem that he says is exacerbated by a misguided corporate watchdog. Mr Hempton said Australia’s defamation laws – paired with an increase in investing activity by retail punters cashed-up with superannuation, and the Australian Securities and Investments Commission’s new habit of intimidating “completely honest short-sellers” – has resulted in an easy environment for “scammers” to sell “garbage” to mum and dad investors.
In his most recent annual letter for his $400 million Amalthea Fund, Mr Hempton told investors the hedge fund “may bend our short book towards Australia in a few months”. " AFR
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