Remember the tycoon who said that “Nobody cares about Uyghurs”? It seems that Wall Street does not care about him either.
According to a recent report, Chamath Palihapitiya’s misleading statements on an investment was one of the causes for his Clover Health Investment’s stock going “from the moon to rock-bottom” in the last six months. He tried to hide the fact that the U.S. Justice Department has been investigating the company on at least 12 issues.
According to the report, “Chamath Palihapitiya misled investors on critical issues,” and he “has become notorious on Wall Street.” Elsewhere, he is known as a minority shareholder of the Golden State Warriors, San Francisco’s NBA basketball team.
Read more at “Uyghurs and Billionaires: Chamath Palihapitiya’s Problems with the Truth”
China - in His image 