- Advertisement -
Home CURRENT AFFAIRS BUSINESS Meet Nathan Anderson: Man behind the colapse of Adani stocks

Meet Nathan Anderson: Man behind the colapse of Adani stocks

The 38-year-old Nathan Anderson has held a variety of positions throughout his career, including paramedic and ambulance driver in Israel. While a college student in Israel, he also took classes at Hebrew University.

After graduating from University of Connecticut with a bachelor’s degree in international business, he started his career in finance by working with investment management firms at the data firm FactSet Research.

He also took a significant interest in researching the potential returns on investments for affluent families.

Also Read: Tyre Nichols cried out for his MOM as US cops fatally thrashed him

Anderson’s Favorite Pastime – Finding frauds

In an interview to Wall Street Journal he stated

“I realised they were performing a lot of run-of-the-mill analysis, there was a lot of compliance,”
He has also praised Harry Markpolos , the analyst who revealed Bernie Madoff’s Ponzi Scam in various interviews.

About Hinderburg Research

With an emphasis on equity, credit, and derivatives analysis, Nathan Anderson started Hindenburg Research as a forensic financial research firm in 2017. Hindenburg investigates “man-made tragedies,” such as financial irregularities, poor management, and clandestine related-party activities, according to its website. The business uses its own money to fund its investments.

Adani Group Stock Crashes

Gautam Adani, owner of the billion-dollar Grupo Adani, was accused of fraud by activist investment firm Hindenburg Research, which caused a sharp decline in Adani’s net worth and propelled him to third place among the world’s richest people. Bond and stock prices for the conglomerate decreased as a result of the claims.

Also Read: At least 8 killed, 10 injured in Jerusalem terror attack

For all the news updates subscribe to our YouTube channel ‘DNP India’. You can also follow us on FACEBOOKINSTAGRAM, and TWITTER

- Advertisement -
Exit mobile version