High-ranking state official caught in double-dealing in stock promotion — Sarah Palin emerges in the aftermath.

In December 2004, numerous front page articles, exclusively informed by asensio.com’s reports, revealed that the Alaska Attorney General was a shareholder in a stock covered by asensio.com, KFx Inc. (later known as Evergreen Energy Inc.) and that the Attorney General actively traded the stock while personally negotiating deals that would allegedly help the company.  The resulting scandal ensnared then Governor Frank Murkowski, and Sarah Palin was later elected to clean up the state government in the wake of the scandal.  KFx / Evergreen went into bankruptcy liquidation in 2012.  Below are excerpts from newspaper articles about the scandal.



Manuel Asensio doesn’t bet often. But when he does, it’s wise to pay attention.

Paul Kaihla
eCompany Now
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About Our Founder
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Asensio and FINRA
Asensio & Company, Inc. and Manuel P. Asensio are the only dedicated short sellers ever to have been members of FINRA. This unique-minority membership created complications in the regulatory relationship. Being the first activist short investors and among the first FINRA member firms with a website added to the complexity. A statement by Mr. Asensio is available here. Information necessary to obtain a meaningful understanding of the dispute is available in complete form HERE.