Matt Levine, Columnist

Adani Has an Index Problem

Also Bed Bath & Beyond, tax loss harvesting and the CEO of Goldman Sachs is also a DJ.

February 9, 2023 at 7:20 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

Provide news feedback or report an error

Site feedback:

Take our Survey

Programming note: Money Stuff will be off tomorrow, back on Monday.

One important way for activist short selling to work is that a short seller makes a big bet against a company’s stock, the short seller publishes a report saying that the company is a fraud, the company publishes a rebuttal saying that actually it is good and the short seller is the fraud, and then some outside referee with some official power evaluates both reports and decides who wins.