James Chanos, Kynikos Associates founder, discusses whether gaining first-hand access to information is deceptive. Here is a direct video link.
Also see Absolutely short Caterpillar.
The oil companies are now saying we can buy Chinese companies that we like, says Jim Chanos, Kynikos Associates founder, sharing his derivative play on Caterpillar, as companies find a way to save money on capital expenditures.