Thread by @APF_Ind

After #HindenburgReport, Adani group was ridiculed, shamed and branded as 'fraud' by Westerm media and experts.

Now, after #siliconvalleybankcollapse same Media houses and experts have changed narrative.

A thread 🧵

1. Credibility Test

👉 Adani Group stood its ground, repaid $2.15-bn debt before time.
👉 Silicon Valley Bank CEO, CFO and CMO sold +$4.4MM in stock over the last 2 weeks.

Guess who was labelled as fraud by Western Media❓

2. Rating Firms

👉In February, Credit Suisse halted acceptance of Adani Groups bonds citing the business malpractice.
👉Now, Credit Suisse has itself been suspended from trading. Its share has plummeted 34.59%.

Shouldn't they practice what they preach ❓

3. Expert Investor

👉Bill Ackman found #Hindenburg report on Adani highly credible
👉Now, Bill Ackman wants US government to bail out #SiliconValleyBank.

Such is the integrity of the star investor.

4. The Ranking expert

👉Forbes ranked #SiliconValleyBank as America's best bank for 5 straight years
👉Forbes came out with an article evidencing hidden Adani promoter pledges

Can these articles be taken seriously ❓

5. Western Media House

👉 Bloomberg writes off Silicon Valley Bank's collapse as that highlighting the fickleness of crypto money

👉 A/c to Bloomberg, Adani's trouble is a mirror to nation's woes.

PS: Author of both articles is same @andymukherjee70.

Analysis by global financial major Jefferies finds that Indian banks are well placed in terms of quality of deposits & possible impact of mark-to-market losses on held-to-maturity book

Clearly, Indian regulators are far superior than its US counterparts
businesstoday.in/silicon-valley…

SVB is just tip of iceberg.

Several US banks are on the verge of collapse.

Looks like 'Experts', 'Rating agencies', 'Ranking firms' and 'Media houses' should have paid attention to their house rather than poking nose in India's affair.

Sadly, they will learn it the hard way.