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Artwork for Summation with Auren Hoffman
Summation with Auren Hoffman · June 30 · 1 hr 10 min

Short-seller Carson Block: a fugitive CEO, Libyan spies, and $50B fraud

Carson Block is the founder of Muddy Waters Research, one of the defining activist short-selling firms of the last decade and a half. Since 2010, Muddy Waters has published forensic research exposing accounting fraud at publicly traded companies across China, Europe, and the US and has been right enough times that 11 companies have been delisted as a result. In this episode of Summation, Carson and Auren discuss: why outright fraud is only 20-25% of Muddy Waters' focus the Wirecard saga why high-trust countries like Germany are a paradise for criminals how the thing that killed Enron is still completely legal You can find Auren Hoffman on X at @auren and Carson Block on LinkedIn and on X @muddywatersre

0:00-1:10:47

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show notes

Carson Block is the founder of Muddy Waters Research, one of the defining activist short-selling firms of the last decade and a half. Since 2010, Muddy Waters has published forensic research exposing accounting fraud at publicly traded companies across China, Europe, and the US and has been right enough times that 11 companies have been delisted as a result.

In this episode of Summation, Carson and Auren discuss:

  • why outright fraud is only 20-25% of Muddy Waters'  focus
  • the Wirecard saga
  • why high-trust countries like Germany are a paradise for criminals
  • how the thing that killed Enron is still completely legal

You can find Auren Hoffman on X at @auren and Carson Block on LinkedIn and on X @muddywatersre


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