“We are going to provide you with some information on why Muddy Waters research [on Sino-Forest] is a pile of crap,” said Richard Kelertas, an analyst at Dundee Capital Markets, during a conference call he held with clients on Tuesday afternoon. “We believe there’s nothing true in that report.” [FP, earlier]
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Tags: Carson Block, China, Dundee Capital Markets, John Paulson, Muddy Waters, piles of crap, Sino-Forest, trees or lack thereof