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How to Lose $100 Billion in a Week

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This week’s In the City focuses on a story that’s transfixed the global finance community for weeks: the Adani-Hindenburg clash. Bloomberg Opinion columnist Shuli Ren and Executive Editor Sree Vidya Bhaktavatsalam join hosts David Merritt and Francine Lacqua for a comprehensive discussion of the fraud allegations and the fallout. Aside from the obvious impact—Adani’s businesses lost $108 billion in a week—the crisis has shaken investor faith in India. Ren says that it’s acting as a “wake-up call for global investment banks and blue-chip credit funds.” 

 
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