Simon Cawkwell (born 1946) is a stock market commentator and author best known for writing a thrice weekly diary, publicly identifying companies whose share price he believes will fall and betting his own money on such falls. His most lauded success was exposing the fraud of Robert Maxwell's accounts, specifically those of Maxwell's company Communication Corporation. He also made £1 million on short selling shares in Northern Rock before the bank went into administration.
In March 2001, Cawkwell caused controversy by launching a $1 million legal claim against former Russian Prime Minister Boris Fedorov. Cawkwell's efforts were in response to moves to take control of the Russian oil and gas giant Gazprom.
He is also known to trade on the betting exchange Betfair, and prompted a long-running dispute with the firm when his wager that Niall Quinn would not become permanent manager of Sunderland AFC was lost, despite Quinn stating that he was only taking the job temporarily. Fellow Irishman Roy Keane took over the role a few weeks later in August 2006, after Betfair had settled the market.
|This article about a British businessperson born in the 1940s is a stub. You can help Wikipedia by expanding it.|