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Campaigns / Muddy Waters → Manulife Financial Corporation
Muddy Waters vs. Manulife Financial Corporation

Manulife Financial Corporation · MFC

1 deck published between 2018-10-04 and 2018-10-04 — 27 pages, 27 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2018-10-04 initial thesis

    2018 10 MW_MFC_201801004

    27pp · research_note

    Muddy Waters is short Manulife because a Saskatchewan verdict due by year-end could force MFC to accept unlimited deposits at a guaranteed 4%+ rate — an unhedgeable bleed its own expert admits could cause insolvency.