The company is named after the Hindenburg Incident. 35 people died in the Hindenburg accident of 1937. The Hindenburg was a German air spaceship that caught fire.
Naming on accident!
American investment company Hindenburg Research, which claims to have dropped the shares of a big company with one of its research reports, is once again in the news. This company has a specialty in forensic financial research. The company claims that it has decades of experience in investing. Although every company with financial research makes such a claim, but what is so special about this company?
The company has written on its website that it not only bases its analysis on investment decisions, but also conducts investigative research and research on secret information from sources that are difficult to find. There is also a special story behind the name of this company.
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The company has dropped the shares of many companies.
Hindenburg Research Company has dropped shares of many companies even before its reports and other actions. According to a Deutsche Welle report, in 2020 it sold its stake in American truck maker Nikola, causing the company’s share prices to fall. In the same year, the company did the same with social media company Twitter. Sold the stake and the company shares fell. Since 2016, Hindenburg Research has published its research reports on dozens of such companies and has allegedly claimed to expose their frauds.
Who created the company?
According to the report of the Financial Times, Hindenburg Research was founded by Nathan Anderson. He is from Jerusalem. He has studied International Business Management from the Connecticut University of America. After this he worked in Factset Company. Then also worked in broker dealers firms of Washington DC and New York.
What did Nathan do before Hindenburg?
He was working at Harry Markopolos before launching the Hindenburg. It was this firm that launched the Ponzi scheme of Bernie Madoff, whose purpose was to investigate Platinum Partners. According to the report, there was a suspicion of evasion of $100 million in the whole affair.
Harry Markopolos says that Anderson has been famous for digging anything. If they suspect any scam, they are able to investigate and expose it. At the same time, Anderson considers Markopolos as his mentor.
Why was the accident named Hindenburg?
The company is named after the Hindenburg Incident. 35 people died in the Hindenburg accident of 1937. The Hindenburg was a German air spaceship. It was destroyed due to fire. The research company believes that since accidents had happened earlier in hydrogen balloons, this accident could have been avoided. Airlines had forcibly made 100 people sit in this spaceship. The company claims that on the lines of the Hindenburg accident, they keep an eye on the breakups and disturbances in the stock market. Our aim is to expose them and bring them to the fore.
What was the Hindenburg Incident?
On May 6, 1937, Germany’s famous airship Hindenburg fell victim to an accident shortly before docking at the Neckhurst Naval Airstation near New Jersey in America. This airship was like a ship whose size was like a stadium. The Hindenburg airship was like a flying hotel, which was 803 feet in length and weighed about 242 tons. Its frame was of metal. It was inflated by filling hydrogen gas. Its maximum speed was 80 miles per hour.
At the time when this accident happened, this airship was at a height of about 200 meters. When it caught fire, there were more than 97 people in it. Due to this accident, a question mark was raised on the whole concept of the airship. Its producer German company Deutsche Zeppelin had to suffer heavy losses. This concept of airship was started in the same year itself, but it had to be closed in the same year.
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