Hacked Printers. Fake Emails. Questionable Friends. Fahmi Quadir Was Up 24% Last Year, But it Came at Price.

[InfoSec News <alerts () infosecnews org>]

https://www.institutionalinvestor.com/article/b1cmcvhk61k8zl/Hacked-Printers-Fake-Emails-Questionable-Friends-Fahmi-Quadir-Was-Up-24-Last-Year-But-It-Came-at-a-Price

By Michelle Celarier
Institutional Investor
January 09, 2019

It's night in New York City. Steam from a manhole billows across Wall Street. 
An American flag flies in the foreground as a camera pans from an office 
overlooking the city's lights to a solitary woman watching her Bloomberg 
terminal flash the plummeting stock chart of Canadian drug company Valeant 
Pharmaceuticals.

With the Empire State Building in the background, Fahmi Quadir comes into full 
view. "I was always this Pollyanna growing up," she says -- the first words 
uttered in her starring role in the Netflix documentary series Dirty Money, 
whose third episode, "Drug Short," tells the epic tale of the Wall Street 
battle over Valeant, which lost 90 percent of its value between 2015 and 2016, 
taking down billionaires and making an internet heroine of Quadir, one of a 
small group of short sellers who bet, correctly, that the drug company's price 
gouging, questionable tactics, and massive debt burden could not be sustained.

Yet the film's noirish setting takes Quadir far beyond the world of Pollyanna. 
Instead, it casts her as something of an exotic femme fatale, continually 
draped in dark: dark hair, dark nail polish, dark, deep purple suede designer 
dress.

"I do my work in the shadows," she says in a later scene, riding in a taxi 
through the streets of Manhattan, her dark eyes shielded from the sun by 
mirrored sunglasses.

Few people had ever heard of Quadir before the release of Dirty Money in 
January of last year. She has since stepped out of the shadows. At the age of 
27 -- after working only two years as an analyst at the small hedge fund that 
had shorted Valeant -- Quadir launched her own hedge fund last January. The 
child of Bangladeshi immigrants who settled in the Long Island town of New Hyde 
Park, the young woman called her new firm Safkhet Capital, named after the 
Egyptian goddess of mathematics and wisdom.

[...]



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