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Re: DewDiligence post# 127626

Saturday, 10/01/2011 3:15:34 PM

Saturday, October 01, 2011 3:15:34 PM

Post# of 252509
The DOJ is also involved. There may be a valid agenda, but it does seem Washington is toying with a nuclear button.

NEW YORK (Reuters) - Shares of U.S.-listed Chinese companies fell on Thursday after a top securities regulator said U.S. criminal authorities are investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges.

Among companies that fell, Sohu.com Inc (NasdaqGS: SOHU - News) dropped 7.8 percent to $48.99, Baidu Inc (NasdaqGS: BIDU - News) lost 6 percent to $114, China Sky One Medical Inc (NasdaqGS: CSKI - News) declined 7.6 percent to $2.19, while Sina Corp (NasdaqGS: SINA - News) fell 8 percent to $74.60.

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