Financial Times FT.com

Hedge fund chief warns on wrongdoing

By Gillian Tett and James Mackintosh in London

Published: September 25 2008 18:36 | Last updated: September 25 2008 18:36

Investigators and regulators are likely to uncover significant evidence of wrongdoing when they examine the records of some of the financial companies that have failed, a leading short selling hedge fund manager claimed.

Jim Chanos, head of Kynikos Associates, believes that some of the public statements that emerged from some of the best-known financial groups could have been seriously misleading.

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