Thursday, June 17, 2010

Jim Chanos is Short-Selling Ford

I just heard on Bloomberg today that Ford has jumped as the No 1 car maker in the industry in terms of new car quality. However, just few minutes later, I also heard news that Jim Chanos, the well knowned short seller in Enron and mortgage crisis, has a short position in Ford. Let us hear what are his reasons for doing that.

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