The King of Short Selling

Even interns knew that name. Marcus Black had made a fortune shorting mortgage originators before the financial crisis, for-profit colleges after that, and fraudulent rollups whenever management teams confused acquisition accounting with value creation. His fund, Blackquarry Capital, managed seven billion dollars and carried the kind of mythology that grows around men who make money when everyone else is bleeding. CNBC called him abrasive. Rivals called him lucky. Former employees called him worse things privately and genius publicly. Trevor pulled Ethan into a conference room where three analysts were already arguing. "If we send a corrected version, we look sloppy," said one.