However, Olam has now fought back and decided to take legal action against Muddy Waters now! I believe i call this "Biting more than you can chew" for Muddy Waters.
I can understand them criticizing Sino-Forest or China Public Listed firms because they are those kind of black sheep... but OLAM?! It is a Singapore Corporation with Temasek Holdings as one of its Shareholders!
I don't even need to look at the report to know that Olam is safe and sound. If not, why are they even countering the offense from Carson Block into a legal lawsuit?
Carson Block still got the nerve to question Olam on their defensive reaction, even much worse compared to Sino-Forest... OH COME ON... Sino-Forest is ......
