Europe's 'ticking time bombs' ripe for shorting: Muddy Waters

New York

CARSON BLOCK, the short-seller whose bet against Asia's Noble Group Ltd helped sink its shares earlier this year, is targeting the "ticking time bombs" of western Europe.

Mr Block, who runs research firm Muddy Waters, said European companies are ripe for shorting because of their indebtedness and a lack of scrutiny by investors. In a Real Vision interview to be aired Friday, he said that investors in Europe follow a code that makes it impolite to ask hard questions.