!$#@ing Margins – How Do They Work?
September 27, 2011 2:43 PM Subscribe
posted by crayz (106 comments total)
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The hacker group Anonymous has ventured into new territory today
with the launch of Anonymous Analytics
, a site specifically targeted at corporate fraud. Their first report
[PDF] is a caustic, entertaining evisceration of Chaoda
, a Hong Kong agricultural company which has seen a wave of smaller scandals over the past year. Their stock is not looking good
Among the many, many gems in the report, Chaoda has setup a phony company, World Brand Lab
, whose purpose is to rank Chaoda as one of China's most valuable brands. The chairman of this phony research organization is none other than Robert Mundell
, the Nobel prize winning economist who "laid the groundwork for the introduction of the Euro through this work and helped to start the movement known as supply-side economics"