Block shrugs off lawsuit, puts out report on Olam

The threat of a lawsuit appears not to have buckled the nerves of Carson Block, head of Muddy Waters Research. He pushed ahead regardless on Tuesday, releasing a lengthy report on Olam International that only expanded on the accusations he made last week.

  • 29 Nov 2012

The Singaporean commodities trader took Block to court even before he released the report, following his damning comments about Olam at the Sohn Investment Conference in London last week. But he still released a 133 page report on the company this week.

Olam had already said, after hearing that ...

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1 Citi 3,599.18 10 11.11%
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3 Bank of America Merrill Lynch 1,736.50 8 5.36%
4 Itau BBA 916.67 2 2.83%
5 Bradesco BBI 900.00 2 2.78%

Bookrunners of LatAm Emerging Market DCM

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2 HSBC 937.89 2 12.90%
3 Itau BBA 916.67 2 12.60%
4 Bradesco BBI 900.00 2 12.37%
5 Morgan Stanley 800.00 1 11.00%

Bookrunners of CEEMEA International Bonds

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1 HSBC 295.00 1 32.24%
1 Credit Agricole CIB 295.00 1 32.24%
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Subtotal 915.00 2 100.00%

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5 Citi 95.36 35 5.16%

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2 ING 3,184.83 25 9.45%
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4 Citi 2,741.75 18 8.13%
5 HSBC 1,822.32 18 5.41%

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4 DBS 191.19 2 9.03%