Chris Bryant, Columnist

Muddy Waters Takes on Michael Klein, and SPACs

The ex-Citi rainmaker’s influential circle of investors and advisors can’t be happy about the short seller’s attack on MultiPlan.

November 13, 2020 at 10:40 AM UTC

By Chris Bryant

Chris Bryant is a Bloomberg Opinion columnist covering industrial companies in Europe. Previously, he was a reporter for the Financial Times.

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Carson Block of Muddy Waters Capital LLC made his name as a short seller targeting obscure Chinese companies. His latest critical report locks horns with some of the cream of the U.S. financial and business establishment, while taking aim at their beloved new fad: the special purpose acquisition company, or SPAC.

This is shaping up to be quite the fight.