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Ebix Inc. Message Board

  • hockeyplyr22 hockeyplyr22 May 4, 2013 12:22 AM Flag

    Greg Farrell at Bloomberg under investigation?

    People are talking. People are saying things. Sounds like quite a sketchy cast of characters these fraudster short sellers cobbled to together. May have even had Farrell on the payroll. Was it worth it Greg? Sam, was it worth it?

    Sentiment: Strong Buy

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    • Now we know the sources for Greg Farrell. Bloomberg Terminals.

    • Here are names that should know about this reporting. How many times can you (should you) report a SEC investigation without formal notice by the SEC?

      Daniel L. Doctoroff has been President of Bloomberg L.P. since January 2008 and was named CEO of the company in 2011.

      Peter T. Grauer is Chairman of Bloomberg L.P., succeeding company founder Michael R. Bloomberg in March 2001.

      Beth Mazzeo is Chief Operating Officer and a member of Bloomberg’s Management Committee.

      Matthew Winkler is editor-in-chief of Bloomberg News, the global news service he founded with Michael Bloomberg in 1990.

      Sentiment: Hold

    • There was Huge option trading the day before Farrel published and he admits having knowledge of inside confidential information. Investigation would be in order

      from 2/21
      A copy of the Gotham City Research report was provided to Bloomberg News prior to publication. The author, who asked not to be identified by name out of concern about legal action from Ebix, said he had a short position on the stock.

      from 5/2
      That probe, consisting of interviews with former employees, has since been upgraded to a formal investigation, according to a person who was briefed on the matter after the Goldman Sachs deal was announced and who asked not to be named because the matter was confidential.

      The IRS is looking into Ebix’s policy of booking revenue from sales made in the U.S. to units overseas, particularly in India and Singapore, where the company enjoys low tax rates, according to the two people informed of the IRS probe, who asked not to be named because the investigation is confidential

    • start citing your sources, please.

14.73-0.25(-1.67%)Sep 17 4:00 PMEDT

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