Berks County is a county in the Commonwealth of Pennsylvania. As of the 2020 census, the county's population was 428,849. The county seat is Reading, the fourth-most populous city in the state. The county is part of the South Central Pennsylvania region of the state.
In finance, being short in an asset means investing in such a way that the investor will profit if the market value of the asset falls. This is the opposite of the more common long position, where the investor will profit if the market value of the asset rises. An investor that sells an asset short is, as to that asset, a short seller.
James Steven Chanos is an American investment manager. He is president and founder of Kynikos Associates, a New York City registered investment advisor focused on short selling. An art collector, he appeared on the BBC Four documentary The Banker's Guide to Art.
Pennsylvania's fourth congressional district, effective January 3, 2023, encompasses the majority of Montgomery County and most of Berks County northeast of Reading in southeastern Pennsylvania. In the 2020 redistricting cycle, the Pennsylvania district pushed northwards, further into Berks County, effective with the 2022 elections. The area has been represented by Democrat Madeleine Dean since 2019.
Robert Lawrence Coughlin Jr. was an American lawyer and politician from Pennsylvania who served as a Republican member of the United States House of Representatives representing the 13th district of Pennsylvania from 1969 to 1993. He also served as a member of the Pennsylvania House of Representatives for the Montgomery County district from 1965 to 1966 and the Pennsylvania Senate for the 17th district from 1967 to 1969.
Pennsylvania's 15th congressional district has been located in western and central Pennsylvania since 2019. Since 2023, the district includes all of Armstrong, Cameron, Centre, Clarion, Clearfield, Clinton, Elk, Forest, Jefferson, McKean, Potter, Snyder, Tioga, Union, and Warren counties and parts of Indiana, Lycoming, and Venango counties.
Pennsylvania's 9th congressional district is located in the east central part of the state and encompasses all of Bradford, Columbia, Lebanon, Montour, Northumberland, Schuylkill, Sullivan, Susquehanna, and Wyoming counties, as well as parts of Berks, Luzerne, and Lycoming counties.
The 2010 Pennsylvania gubernatorial election was held on November 2, 2010, to elect the Governor and Lieutenant Governor of Pennsylvania, concurrently with elections to the United States Senate in Pennsylvania and other states and elections to the United States House of Representatives and various state and local elections.
Andrew Edward Left is an activist short seller, author and editor of the online investment newsletter Citron Research, formerly StockLemon.com. Under the name Citron Research, Left publishes reports on firms that he claims are overvalued or are engaged in fraud. Left is known for advising investors on short selling and has often appeared on various media outlets such as CNBC and Bloomberg to talk about his opinions on stocks. In 2017, Left was called 'The Bounty Hunter of Wall Street' by The New York Times.
Muddy Waters Research LLC is an American privately held due diligence based investment firm that conducts investigative research on public companies while also taking investment positions that reflect their research. It has exposed accounting problems and fraud at several companies, primarily in China but also in other countries in Asia, Europe and North America.
Carson Block is an American investor and the founder of Muddy Waters Research. He is known for documenting and alleging fraudulent accounting practices in publicly traded Chinese companies.
iQIYI, formerly Qiyi (奇艺), is a Chinese subscription video on-demand over-the-top streaming service owned by Baidu. Headquartered in Beijing, iQIYI primarily produces and distributes films and television series.
The 2016 United States House of Representatives elections in Pennsylvania were held on November 8, 2016, to elect the 18 U.S. representatives from the Commonwealth of Pennsylvania, one from each of the state's 18 congressional districts. The elections coincided with the 2016 U.S. presidential election, as well as other elections to the House of Representatives, elections to the United States Senate, and various state and local elections. The primaries were held on April 26.
The China Hustle is a 2017 finance documentary produced by Magnolia Pictures and directed by Jed Rothstein. The documentary reveals systematic and formulaic decades-long securities fraud by Chinese companies listed on the US stock market.
Special elections for the 7th and 15th congressional districts in Pennsylvania were held on November 6, 2018, following the resignations of Republican U.S. Representatives Pat Meehan and Charlie Dent.
Chinese reverse mergers within the United States are accountable for 85% of all foreign reverse mergers in the early 21st century. A reverse merger, also known as a reverse takeover, is where a private company acquires a publicly traded firm or "shell company" that has essentially zero value on a registered stock exchange.
The 2020 United States House of Representatives elections in Pennsylvania were held on November 3, 2020, to elect the 18 U.S. representatives from the state of Pennsylvania, one from each of the state's 18 congressional districts. The state's primary election occurred on June 2, 2020. The elections coincided with the 2020 U.S. presidential election, as well as other elections to the House of Representatives, elections to the United States Senate and various state and local elections.
The Wirecard scandal was a series of corrupt business practices and fraudulent financial reporting that led to the insolvency of Wirecard, a payment processor and financial services provider, headquartered in Munich, Germany. The company was part of the DAX index. They offered customers electronic payment transaction and risk management services, as well as the issuance and processing of physical cards. The subsidiary, Wirecard Bank AG, held a banking license and had contracts with multiple international financial services companies.
Hindenburg Research LLC is a U.S. investment research firm with a focus on activist short-selling founded by Nathan Anderson in 2017. Named after the 1937 Hindenburg disaster, which they characterize as a human-made avoidable disaster, the firm generates public reports via its website that allege corporate fraud and malfeasance. Companies that have been the subjects of their reports include Super Micro Computer, Adani Group, Nikola, Clover Health, Block, Inc., Kandi, Lordstown Motors, and Roblox Corporation. These reports also feature defenses of the practice of short-selling and explanations of how short-sells can "play a critical role in exposing fraud and protecting investors."
Nathan Anderson is the founder of Hindenburg Research, a New York-based investment research firm known for its investigative reports and short-selling strategies.
