tem3811

LDK Solar and the Seven Samurai

Thanks John for the very convincing analysis. I have found some intersting information about Mr. Situ. From all of the official documents, Mr. Situ's highest degree is a "MBA". However, in a conference held in Hong Kong in 2005, Mr. Situ called himself Dr. Situ and had a Ph.D. in Economics. It seems to me he was lie. My question is if he can lie to the public in a conference without shame, how can we trust what he say when he is behind screen? Here is the link:
www.bic.cityu.edu.hk/c...

LDK Solar: The Soap Opera Continues

Great article. I found Mr. Situ is the one likely overstate the fact. Here is an example, he greatly overstated his own experience, therefore is the one should not be trust. Here is his personal profile on company website.
Charley W. Situ has served as our financial controller since February 2006. Mr. Situ is responsible for our compliance with U.S. GAAP and other internal control requirements under the U.S. securities laws. Mr. Situ has been a financial controller for several companies in the United States, China and Hong Kong and has over 15 years of experience in financial management. He received his bachelor degree in mathematics in 1983 and master degree in applied statistics in 1987 both from South China Normal University. He completed core courses at The University of Delaware and thereafter received his MBA degree from the University of Brighton in 1995. Mr. Situ is a member of American Institute of Certified Public Accountants, a member of Institute of Management Accountants and a member of The Institute of Internal Auditors.


Here are my questions:

Mr. Situ got his MBA ( I have some question about this degree) 12 years ago in 1995 before that he was trained as teacher and claimed to have over 15 years of experience in financial "management", that means he started his financial "management" job even before he got his degress (He must include the years of managing his own money)