Fair question. If it did not sound like such Lefty cant, I’d say, “I suppose I am deconstructing some asymmetric power relationships.” I get the sense that sometime around 10 years ago some journalists “tried to become players, but became pawns,” as we say around DeepCapture. But having stepped onto the playing field, there’s nothing that says they cannot be shoulder-checked.

Besides, where is the rule book that says, “Reporters get to write CEOs questions, and CEOs answer”? Where is that rule book that everyone assumes exists? And if it does exist, maybe its rule is, “CEOs get to write questions to reporters, and reporters answer.” Or maybe it’s, “People get to write questions to other people, and those other people answer or not, as they see fit.”

I’ll let you know how it works out.

Patrick

If you want to help, just send links to DeepCapture to friends. It’s funny: there was a time that these folks were full of high ridicule every time I mentioned “naked short selling”. Now they seem afraid to mention me. How odd.

I feel like Lenin, in a sealed train on my way to Russia.

Patrick

Kudos to Mark, Patrick, Judd and the rest of the DEEP CAPTURE team.

We expect our government to do everything for us, bail us out in every area of our lives. It has become an entity doing what we used to do individually as fellow human beings, sharing our prosperity and our troubles in times of crisis and to those in need who cannot help themselves.

When dishonest, self-serving, irresponsible people are put in and allowed to stay in positions that can so readily ruin the lives and well-being of soooooo many countless lives and literally the economy of a nation, then the rest of us, especially those who are in the position to be effective, have to stand up and say “ENOUGH”, and demand the necessary changes. Not a hand-slap, not a token fine, not an appology, not a beat-around-the-bush-we-think-you-outta-maybe-not-do-it-anymore kind of reprimand.

I continually hear of hard working people who have lost their businesses, homes, retirement, etc. and who is going to say “ENOUGH” and demand accountabillity?

Thank You for informing me of some of the details I could not have been privy to otherwise.

I find it ironic that the SEC removes the short-on-an-up-tick rule saying the markets should be let alone to work, yet shorting manipulates the market by a much greater extent – get rid of shorting altogother and let the market work!

At the very least, Cox needs to be fired with no severance for gross misconduct and borderline negligence, and the SEC completely restructured into the agency is was supposed to be. He has single-handedly created mistrust in our markets for millions of investors.

Maybe, just maybe, our markets will get back to being about INVESTMENTS, and let the options market be used for SPECULATION.

Shame on the NY Times and the rest of the NY financial media cabal. It just goes to reinforce the now apparently correct view that they are nothing more than the public relations arm of the Wall Street gang. And by the way, I note the outrage of John Mack (himself the subject of an insider trading investigation by the SEC’s Gary Aguirre who was fired for that inquiry) against the short sellers. What arrogant gall of the bum. He said nothing about naked shorting while he and his cohorts were pillaging other companies. Now that they’re on the receiving end, they whine. And their whine falls on receptive ears of course, as Sec. Paulson is from the same bunch of hoods on Wall St.

And now the captured regulator, the SEC, suddenly finds the means to attempt to end this when so many have pointed out the crime in great detail with hard data for years on end!

The DOJ needs to get involved. Criminal charges should be forthcoming with lengthy prison terms for these crooks…. from the hedge fund heads, to the prime brokers, to the NY media thugs, the regulators, and the rest of the sorry bunch.

And that’s the PG version.

Who pays for such incompetance? And, is it criminal neglegance. I think the NYTimes needs to be investigated.