Posted on 18 August 2012 by Patrick Byrne
I first heard of William K. Black over 20 years ago as the regulator who had stood up to the “Keating 5″ and come out the hero of the S&L crisis (in which I gained some early experience: hence my awareness of him). Later, as a professor of law and economics at University of Missouri in [...]
Posted on 04 April 2011 by Patrick Byrne
In the summer of 2006 Whitney Tilson took me to lunch, and invited me to speak at his then-upcoming 2nd Annual Value Investing Congress on November 9 – 10, 2006. Here is Whitney’s original announcement: World’s Most Influential Value Investors to Gather This November in New York City The 2nd Annual New York Value Investing [...]
Posted on 29 March 2011 by Patrick Byrne
“Minkow’s manipulation of the market … caused a severe drop in the stock prices of a large local corporation. This type of deceit and abuse of trust will not be tolerated… we will investigate and prosecute stock manipulation cases to help protect the integrity of our capital markets…When false statements are disseminated to deceive the [...]
Posted on 17 March 2011 by Patrick Byrne
Today was a red-letter day for Barry Minkow and Sam Antar, who have provided DeepCapture so many Rosencrantz and Guildenstern moments. To summarize: 1) Barry Minkow turned out to be, once again, a crook. See Bloomberg: Minkow in Plea Talks With US Prosecutors Over Fraud Case, Lawyer Says, and LA Times: Barry Minkow to plead [...]
Posted on 13 March 2011 by Patrick Byrne
You may remember Peter Weir’s 1998 film, The Truman Show, in which the protagonist (Jim Carrey) is enjoying what he perceives as a picture-perfect life in the idyllic town of Seahaven, but which is in fact a 24/7 TV show being broadcast globally from an enormous Hollywood sound stage. The process by which he comes [...]
David Einhorn would have you believe that he is brave crusader against corporate malfeasance. The truth is, he’s a fraud who did serious damage to the markets.
Posted on 20 April 2010 by Mark Mitchell
The Goldman CDO scandal and other evidence suggests that the U.S. economy was set up for a fall by market manipulating hedge funds.
Posted on 18 February 2010 by Mark Mitchell
Did hedge fund managers David Einhorn and Dan Loeb sabotage the nation’s second largest mortgage lender — and the American economy?
Posted on 02 February 2010 by Patrick Byrne
“It isn’t what we don’t know that gives us trouble, it’s what we know that ain’t so.” – Will Rogers
Posted on 06 January 2010 by Mark Mitchell
How a network of miscreant hedge funds keep unflattering stories out of the media