Another Defeat for Efficient Markets

It’s happening again. Bloomberg has a great article today about an ugly kick-back scheme involving CDR Financial Products.
As a result, shares of the ticker symbol CDR are off sharply today. There’s one widdle problem. CDR is the ticker symbol for Cedar Shopping Centers which is a super-market REIT that has nothing at all to do with the Bloomberg article.
(HT: TBI)

Posted by on May 18th, 2010 at 3:19 pm


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