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The SPAC Short Boom Is on Its Way

The great boom of special purpose acquisition companies in 2020 is creating another one in its wake: a boom in SPAC shorts. So far this year at least six companies that went public by merging with a shell company, known as a SPAC, have been targeted by short sellers. And short sellers, who are using SPACs as a screen to look for ideas, say more are on the way. “We have a few SPAC ideas we’re kicking around; lots of dogshit there,” said Muddy Waters’s Carson Block, who in November came ...
Hellman Friedman Edwin Dorsey Srinivas Koneru Richard Mauer Gavin Richey Triterras Fintech

Pine Ridge youth organization working to recover losses after robbery

KNBN NewsCenter1 December 14, 2020 PINE RIDGE, S.D. — 2020 has been a difficult year for charities and nonprofit organizations across South Dakota, but many continue to serve their communities despite the hardship. For one Pine Ridge organization, a recent burglary has added to their burden. “How could you do that to kids?”, “It was heartbreaking”, said Eileen Janis and Yvonne DeCory of the Bear Project. On Thursday, The Bear Cave in Pine Ridge was ransacked and robbed by an individu...
South Dakota United States Yvonne Decory Eileen Janis Youth Opportunity Program Pine Ridge

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