Adani: A $130 Billion Scandal
1,513,669
Published 2023-03-06
PS: I was sick through half of this recording, so ignore the voice change, I'm only human.
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Producer: Dagogo Altraide
Writer: Meehan Kathan
Editor: Vaibhav Sharma
All Comments (21)
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Hindenburg Research really has become the corporate world’s grim reaper.
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Whenever I see news of something big happening around the world.. I kinda expect a coldfusion video immediately.😅
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When a company grows faster than what looks natural, there's usually something shady behind it.
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How the heck stocks has recovered 80% since then..
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In case you don't know, the biggest red flag is the auditor of Adani. A tiny office with 23 old financial accountant approving audit of a billion dollars firm.
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Adani enterprises is the only non govt company who has govt employees working with them. 😭😂
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Many of us did not trust the Adani Group even 12 years ago. Too many times they have faced fines for ignoring regulations, especially on environmental issues. This company has certainly always existed on the edges of legal boundaries and I am confident that at some point, even the Indian Government will back away.
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If India really wanted to prosper and grow, it'll first need to get rid of this kind of corruption.
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I get the idea that producing such a report could be seen as potentially unethical on Hindenburg’s part, but Adani Enterprises’ illegal activities are so egregious that anyone not calling them out would have an even bigger ethical issue on their hands IMO. I don’t care if Hindenburg made some money off of telling the truth and exposing this family of con artists.
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Assuming I'm understanding things correctly, and that things are all above-board, Hindenburg seems to have a wild MO: Investigate fraudulent companies, tell the world, and short them on their way down?
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Update your video. Adani not only survived but again became the richest Indian person.
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Thanks for pointing out both sides of the story, something that most other media and bloggers have failed to do.
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“Behind every great fortune there is a crime.” ― Honoré de Balzac, French novelist and playwright, and one of the founder of the realism in European literature.
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The reality is 11 months later his stocks are rallying again and seem to be getting back to level before the report.
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Congratulations on showing guts to do an honest report. Indian media is owned by 2 corporate houses, one of them being Adani. No one dares to show anything in this country due to fear of losing sponsors. It's very simple, a guy who was a minor industrialist, turned a multi-billionaire in a span of 8 years of Modi govt. Appreciate your efforts in research and detailed analysis ❤️❤️❤️
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Hindenburg’s business model is making profits while bringing down fraud. It’s a win-win situation here. 😂
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Dagogo's video style will always be in fashion. It's so different and feels relaxing and trance-like, even when he's talking about serious topics. Cold Fusion is my favourite information channel by a long shot.
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I lost thousands after Hindenburg went after a company I was invested in and I really hated them for a while but now I kinda appreciate what they do. He's no hero as he is only doing it for the money but that experience made me a more diligent investor so I owe him one really.
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Cold fusion has an amazing talent of taking a subject I've never heard of and through research and stellar presentation I am completely engrossed from start to finish
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8:50 Naming your company after one of the most famous cases of crashing and burning is a bold move.
