“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 [...]

More on our favorite network of miscreants and the false media story that sealed the death of Bear Stearns…

Apparently aware of the ruin that is his own reputation, Gary Weiss has taken to battling in favor of illegal stock market manipulation as “Tom Sykes”.

Joe Nocera has a problem. Nocera’s problem is not what Apple CEO Steve Jobs thinks of him (“Steve Jobs Doesn’t Have Cancer, Calls NYT Columnist a ‘Slime Bucket’“). No, Joe’s problem is that the naked short selling issue went mainstream this summer. In the last 6 weeks there have been literally hundreds of articles that describe the [...]

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?

In an earlier item, I noted that perhaps one of the strangest things I’ve experienced as a reporter is having Depository Trust & Clearing Corporation (DTCC) spokesman Stuart Z. Goldstein ignore my request for comment for several days, only to receive an answer not from Goldstein, but from then-New York Post business writer Roddy Boyd.

As we’ve seen this issue clumsily addressed by business media over the past week, something that particularly stands out is the question of whether “naked short selling” is illegal. In one of Chairman Cox’s earliest interviews, he said that no, naked short selling is not illegal, unless it is done illegally (which he went on to explain means unless it is abused as a tool of stock manipulation).

We knew Gary Weiss’s aim was to discredit and marginalize high profile opponents of illegal naked short selling. Yet his book, which seemed to be the launch pad of Weiss’s campaign, was quite critical of both hedge fund and prime broker culture: the two obvious sides of the naked shorting equation.So who was paying Weiss to spend all day, most every day, publishing his attacks via his blog, message boards, and Wikipedia? Nobody had ever considered the DTCC.

This email from Gary Weiss to Floyd Schneider isn’t significant for what it says, but for what it reveals (which is explained at the end). Here, Weiss is telling Floyd about his inclusion in Weiss’s forthcoming book. (Read this to learn how I came to posses email between Gary Weiss and Floyd Schneider). From: garyrweiss@verizon.net [...]

What brought me into this fight in a public way was the discovery that Gary Weiss was posting to the Yahoo Finance message board as “Lamborghini751″. I figured this out, initially, by figuring out that Gary was commenting on his own blog as “Lamborghini751″. In response, Weiss swore that indeed, he had posted Lamborghini751′s comments, [...]