Sunday, June 11, 2023 4:12:47 PM
How the hustle works
Hindenburg Research works in collaboration with about 10 “investors” who fund its operations. The firm prepares its investigation report on a target company in six or months by going through its public records and internal corporate documents, as well as talking to its employees. The report is first submitted to the firm’s “investors”, allowing them to take a short position before the report is made public. Hindenburg takes a cut of the profits made on that short trade. Throughout New York the Hindenburg Report is known as the “Hindenburg Hustle”.
The Guardian Nigeria first publish was in 1983... theyve been around for a while. Opinion piece nevertheless but looking like some raiding going on.
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