“It isn’t what we don’t know that gives us trouble, it’s what we know that ain’t so.” – Will Rogers

Followers of the twisted tale of DeepCapture may remember that on August 12, 2005, I gave a webcast of which I will always remain proud. It was titled, “The Miscreant’s Ball”.

(return to The Story of Deep Capture, Part 2)
But America’s leading financial journalists have been busy. In January 2006, just days after The Wall Street Journal’s glowing profile of David Rocker, Tim Mullaney of BusinessWeek emails Patrick with a list of “Just admit it – you slit your girlfriend’s throat” style questions provided to him [...]

The mainstream financial media says that the SEC should not crack down on criminal short sellers because short sellers are vital to the markets (and vital ghost-writers of a lot of what appears in the financial media). But much of the world has come to understand the enormity of the illegal short selling scandal, and [...]

After years of intermittently ignoring and whitewashing one of history’s biggest financial swindles, the Wall Street Journal today, for the first time, published some basic truths about the crime: “Illegitimate naked short selling is different from [legal short-selling]…this kind of manipulative activity can have drastic consequences…Eliminating the prospect of naked short selling will help assure investors that… when the market declines it is not because of unseen manipulators and `distort and short’ artists.”

Naked short selling and phantom stock causes the SEC to declare emergency; Joe Nocera and affiliated journalists continue to deny there is a problem.

…convicted stock manipulator Sam Antar and securities class action litigator Howard Sirota are working in concert with convicted stock manipulator Barry Minkow’s Fraud Discovery Institute (FDI) to manipulate the share price of USANA, a public company.

On August 12, 2005, I launched an offensive to expose crimes and corruption on Wall Street that I believed were leading to the destruction of dozens (perhaps hundreds) of companies, the loss of countless jobs, the theft of billions of dollars, and quite possibly, a systemic meltdown. I did this with a webcast I called, [...]

You can download a printable version of The Story of Deep Capture here.
By Mark Mitchell, with reporting by the Deep Capture Team
Introduction – by Mark Mitchell

I began working on a version of this story in January 2006, while serving as an editor for the Columbia Journalism Review, a publication tasked with upholding the standards of [...]

This is not another tirade against Eliot Spitzer, the man who slunk out of the New York Governor’s Mansion to the sound of champagne corks popping up and down Wall Street. As I said at the time in an interview with Neil Cavuto on Fox Business News, I am familiar enough with the culture of [...]