21 Nov '12, 4am

Singapore Commodities Tycoon Feels Heat From Fact-Free Muddy Waters - Forbes

Singapore Commodities Tycoon Feels Heat From Fact-Free Muddy Waters - Forbes

Muddy Waters’ chief Carson Block has a reputation for sinking stocks on the back of his research, which usually involves picking apart a company’s financial records. In the case of Olam, a key allegation by Block is that the company overstates the income from its plantations using an accounting method known as “biological gains”. Olam is audited by Ernst & Young in Singapore. One of its largest shareholders is Temasek Holding, Singapore’s sovereign wealth fund. That means Singapore Inc. has a strong interest in getting to the bottom of what Muddy Waters claims to have uncovered. But so far there isn’t much to go on.

Full article: http://www.forbes.com/sites/simonmontlake/2012/11/20/sing...

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Singapore firm sues Muddy Waters for libel:

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edition.cnn.com 22 Nov '12, 2am

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bbc.co.uk 20 Nov '12, 2am

20 November 2012 Last updated at 02:34 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print ...

Olam hits back Muddy Water claims - Olam Intern...

bbc.co.uk 20 Nov '12, 2am

20 November 2012 Last updated at 02:34 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print ...

MUDDY WATERS REPORT ON OLAM

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Olam Dismisses Muddy Waters Report Findings

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thefinance.sg 29 Nov '12, 3pm

“Everyone is entitled to their own opinions, but they are not entitled to their own facts” Senator Daniel Patrick Moynihan...

back from urbanscapes photos! check out some muddy photos first... haha

back from urbanscapes photos! check out some mu...

ewinee.com 24 Nov '12, 3pm

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