Month: August 2008
10 posts
Was Dan Loeb's capital allied with David Einhorn's?
Mega-hedge fund manager Daniel Loeb recently disclosed a double-whammy to his investors: substantial losses early in the third quarter of 2008, and the initiation of a formal SEC investigation into the operation of Loeb’s fund, Third Point Partners.
Was Dan Loeb’s capital allied with David Einhorn’s?
Mega-hedge fund manager Daniel Loeb recently disclosed a double-whammy to his investors: substantial losses early in the third quarter of 2008, and the initiation of a formal SEC investigation into the operation of Loeb’s fund, Third Point Partners.
Daniel Loeb is Mr. Pink and more
The Silicon Investor stock message boards have Mr. Pink. The Yahoo Finance stock message boards have Mr_Pink_esq. In this legal filing, hedge fund manager Daniel Loeb admits that he is the Mr. Pink of Silicon Investor. According to this Wall Street Journal story, Loeb insists that he is not Mr_Pink_esq of Yahoo Finance. Loeb, as it turns out, is not telling the truth, and here’s how I know it...
Media Herd Lassoed by a Lie
In the middle of last week, a previously unknown professor in Switzerland published a report that purported to show that the SEC’s emergency order preventing naked short selling in 19 financial companies had been a mistake. By the end of Friday, that report had become the basis for stories by reporters at the Wall Street Journal, the Financial Times, the Economist, TheDeal.com, Dow Jones Newswires, Reuters, and Hedgeworld.
Mr. Norris, We're Here to Help
Floyd Norris of the New York Times has written a column about the SEC’s recently expired “emergency order” preventing naked short selling of 19 financial stocks. His argument is…Actually, I have no idea what Mr. Norris is trying to tell us.
Mr. Norris, We’re Here to Help
Floyd Norris of the New York Times has written a column about the SEC’s recently expired “emergency order” preventing naked short selling of 19 financial stocks. His argument is…Actually, I have no idea what Mr. Norris is trying to tell us.
5,000 Words About An Obscure Bad Newswire Reporter
The ever cuddly Carol Remond (“I’m going to shred this guy to bits,” she said of Deep Capture reporter Patrick Byrne) has published yet another defense of criminal naked short sellers. In a recent column for Dow Jones Newswires, Carol writes that the SEC should think twice about cracking down on the criminals because some of the people (she names four) who have complained about illegal naked short selling have run into legal problems of their own.
A Peace Sign for Wall Street
Greetings, and peace. As we Irish say, “I’m sorry for your troubles.” In today’s Salt Lake Tribune there…
August 3, 2008
Wall Street to USA: “I…drink…your…MILKSHAKE!”
The closing minutes of “There Will Be Blood” handily dramatizes naked short selling and, more generally, Wall Street’s relationship to the United States (WARNING: movie spoiler).
Gary Weiss knows what Joe knows
Gary Weiss come to know the substance, sentiment and timing of one of New York Times business columnist Joe Nocera’s most vicious attacks against opponents of illegal naked short selling, long before it was published?