Matt Levine, Columnist

Andrew Left Wasn’t Short for Long

Also a podcast.

July 26, 2024 at 6:09 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

Podcast note: There is a new episode of Money Stuff: The Podcast out today, in which Katie and I discuss fees for mergers and acquisitions, putting private assets in exchange-traded funds, and reader questions about saunas, parties, poker and alpha. You can listen to it here.

The thing is, part of me wants to take Andrew Left’s side here. Left is an activist short seller who publishes reports as Citron Research, and today the US Securities and Exchange Commission and federal prosecutors charged him with fraud. Here are the SEC and Department of Justice announcements. The basic contours of the alleged fraud are pretty simple: