claphands22 Posted September 28, 2012 Posted September 28, 2012 Looking for a September 5, 1985, Wall Street Journal piece on Chanos. When Chanos recommended shorting a Drexel-financed company called Integrated Resources, his bosses at Deutsche Bank balked: The company pressured the bank’s top executives to bury his research. Chanos was furious. According to his boss at the time, Jim Levitas, Geraldo Rivera, who’d heard about the situation, wanted to do a story. “Jim likes publicity. He was interested in getting it aired,” Levitas told me. “I had to tell Jim, ‘No, we can’t do that.’ ” Then, on September 5, 1985, The Wall Street Journal named Chanos prominently in a damaging front-page piece that accused short-sellers of slimy tactics like spreading rumors and even impersonating a Journal reporter to get access to insider information. His bosses at Deutsche Bank hated the attention, and Chanos soon found himself out of a job. http://nymag.com/print/?/news/business/52754/index2.html Unfortunately I am not in the states right now and don't have access to a library who can help me retrieve this, also the online versions don't go back this far. If anyone has a hold of this article I would greatly appreciate it. Thank you.
MrB Posted September 28, 2012 Posted September 28, 2012 What's wrong with you man? Just Google it ;D http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&ved=0CC8QFjAC&url=http%3A%2F%2Fwww.deepcapture.com%2Fwp-content%2Fuploads%2F2009%2F06%2FWall-Street-Journal-Chanos-1985.docx&ei=AWVlUL-kFcOr0QWq-oCICQ&usg=AFQjCNFBtIgQf-6XNjLt_4YJCEoeO7tz4g
claphands22 Posted September 28, 2012 Author Posted September 28, 2012 What's wrong with you man? Just Google it ;D http://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&ved=0CC8QFjAC&url=http%3A%2F%2Fwww.deepcapture.com%2Fwp-content%2Fuploads%2F2009%2F06%2FWall-Street-Journal-Chanos-1985.docx&ei=AWVlUL-kFcOr0QWq-oCICQ&usg=AFQjCNFBtIgQf-6XNjLt_4YJCEoeO7tz4g haha, :o. I swear I did google this but didn't find anything. The google is not strong with me. Thanks for helping me out!
MrB Posted September 28, 2012 Posted September 28, 2012 Sorry, that was a bit of a jab, but it was well intended. You have me interested now, thanks for bringing it up. I think the real story is in the 1983 story. http://www.businessinsider.com/jim-chanos-baldwin-piano-2011-12?op=1 Check out the geeky photo and good coverage http://books.google.co.uk/books?id=wR0DAAAAMBAJ&pg=PA79&lpg=PA79&dq=chanos+1983+%22wall+street+journal%22+baldwin&source=bl&ots=XEGFb2ojkX&sig=wbHmCVpMTStoe2VjKcymcgaxQhU&hl=en&sa=X&ei=dn1lUO_PFLGM0wXW5oBA&ved=0CFQQ6AEwCA#v=onepage&q=chanos%201983%20%22wall%20street%20journal%22%20baldwin&f=false
MrB Posted September 28, 2012 Posted September 28, 2012 http://www.bestmindsinc.com/documents/RidersSection_4.pdf
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now