A Dark Side To Ray Dirks?

Raymond L. Dirks is arguably Wall Street's most famous securities analyst. During his colorful career, the 60-year-old Dirks has been an analyst, dealmaker, whistleblower, and "short-buster." His warnings about the Equity Funding scandal in 1973 led to a long battle with the Securities & Exchange Commission--and ultimate vindication before the U.S. Supreme Court. Dirks's most recent triumph was his early advocacy of Conseco Inc.--the obscure insurance company likely to take over Kemper Corp.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.