Yes , Larry Smith has written a number of times about the shorts as a wolf pack ,
and I think that is a charitable term . He also once mentioned having heard of
a lone wolf who was heard bragging in some NY bar that he ,as manager of
some hedge fund , had somehow had placebo results in a Phase-III trial corrupted
in such a way that it caused the trial to be deemed a failure . This was the final
trial for an Alzheimer's drug that Prana was thought to have discovered . And it
doomed us investors and MILLIONS of patients to no immediate prospects for a
treatment /cure . I believe this is the most despicable action I had ever heard of a
hedge fund perpetrating . I shall try mightily that hedge funds be regulated . And I
shall actively campaign that the carried interest tax loophole be canceled . Warren
Buffet will no longer be able to rail against the fact that his secretary pays a higher
rate of tax than he .
Does anyone know the name of the hedgie who was bragging that fateful night
about interfering with the trial by Prana for an Alzheimer's treatment ? PM is fine .