In 2008 the hedge fund Cohodes worked at for more than two decades went out of business under controversial circumstances.
He maintains that Goldman Sachs, its prime broker, closed it too hastily by making needless margin calls, a claim Goldman disputes.
The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.
All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.
Eurobank, on its own initiative in September, restrained nearly m of the funds.
The remaining m was laundered through other accounts in locations including Cyprus, Latvia, Hungary, Estonia, Lithuania, Slovakia and Hong Kong, authorities said.
Information in this release is derived from a variety of sources that may or may not include the referenced company's publicly disseminated information.
But let’s not dwell on Marc Cohodes’s pastured chickens, or his show-jumping horses, or even his homemade apricot jam that, on special occasions, San Francisco’s Una Pizza Napoletana puts on its pies in lieu of tomato sauce.
Some of the most respected people in the investing industry say that, dating back to the 1980s, nobody has had a better nose for sniffing out fraud than the 56-year-old Cohodes.
The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained.
While this information is believed to be reliable, such reliability cannot be guaranteed.