Carson Block Says He Is Shorting TAL Education

Carson Block Says He Is Shorting TAL Education

Assessment

Interactive Video

Business

University

Hard

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The video discusses TAL Education Group, a major China-based education company, and allegations of fraudulent profit reporting. Despite being a real business with actual students and learning centers, its profitability has been overstated. The video contrasts TAL's situation with other fraud cases, emphasizing the importance of documentation in verifying fraud. It highlights the significant increase in the chairman's holdings as a motive for the alleged fraud.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary business of TAL Education Group?

A real estate firm

A for-profit education company

A healthcare provider

A technology company

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main issue with TAL Education Group's financial reporting?

The company's profits are exaggerated

The company is not listed on the stock exchange

The company is not real

The company has no students

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the value of the chairman's holdings in TAL Education Group three to five years ago?

$900 million

$8 billion

$1 billion

$5 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the fraud in TAL Education Group differ from other frauds like Sino Forest?

TAL Education's fraud is not documented

TAL Education is not a publicly traded company

TAL Education's fraud involves inflating net income

TAL Education has no real business operations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can investors verify the fraud in TAL Education Group?

By interviewing the company's students

By analyzing the company's marketing materials

By reviewing the company's documentation

By visiting the company's offices