Olam Should Legally Challenge Muddy Waters, Gerald Says (Video)
David Gerald, president of the Securities Investors Association of Singapore, talks about the business outlook for Olam International Ltd. (OLAM), the agricultural commodities trader part-owned by Singapore’s state investment company.
Olam Chief Executive Officer Sunny Verghese said yesterday Carson Block’s comments questioning its accounting practices, which prompted the biggest plunge in its New York stock in four years, were part of a concerted short-selling attack. Gerald speaks with Haslinda Amin on Bloomberg Television's "First Up." (Source: Bloomberg)
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