Shorting the Least Transparent

24/7 Wall St. reviewed the performance of 50 companies Audit Integrity rated “Least Transparent” in the month of June, including three with“Insider Trading.” Among the largest companies in the list, the average return was a negative 8.6% in June compared to a drop of 7.75% for the Russell 1000. Smaller companies fared worse, with an average return for June of a negative 13.83%.  (The 24/7 Wall St. Fifty Least Trustworthy Companies in America, A Look Back, 7/13/10. Hat tip to Sanford Lewis.)

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