Short-seller who goes after “bad guys" with Marc Cohodes - Ep 27

Marc Cohodes has made a career betting against companies he suspects of fraud. So when two FBI agents showed up on his farm to tell him to stop Tweeting about MiMedx CEO Pete Petit, Marc says he knew something was rotten in the Marietta, GA biotech’s company’s operations.  Marc contends that MiMedx has been engaged in several dishonest practices and that Petit called in political favors from Georgia senator, Johnny Isakson who interceded on MiMedx’s behalf with the VA, FDA, and FBI while Isakson was chair of both Senate Committee on Veterans Affairs and the Senate Ethics Committee.  In his 30+ year career, Marc claims to have put a lot of people in jail, and exposed 50-70 frauds, mostly in biotech and sub-prime mortgages. He has been called, “the scourge of Wall Street,” and “Warren Buffett’s mosquito.” Harvard Business School has written two case studies about Marc’s methods.   Marc is especially tenacious when target companies push back or trash his reputation. Says he, "There’s no greater motivator than disrespect." 

Follow Marc on Twitter: https://twitter.com/alderlaneeggs Complement Paul on his supple skin: http://PaulOllinger.com