When attempting to understand much of what happens at the Securities and Exchange Commission, I believe moral hazard is nearly as important a factor as the much more frequently-discussed matter of regulatory capture.
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.
14 July 2008 by Judd Bagley
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 To: Floyd3491@aol.com Subject: Re: (no [...]
14 July 2008 by Judd Bagley
Gary Weiss has issues with Forbes journalist Liz Moyer, whom opponents of illegal naked short selling hold in high regard for her balanced and accurate reporting on the subject.
14 July 2008 by Judd Bagley
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, but that [...]
14 July 2008 by Judd Bagley
One of the strangest things I’ve ever seen is how Gary Weiss deals with getting caught in a lie. A great example of this is his denial of so much as editing Wikipedia, in the face of evidence that not only has he been a very active Wikipedia editor, but that he’s also engaged in an [...]
11 July 2008 by Mark Mitchell
CNBC's Jim Cramer acknowledges that Patrick Byrne was right about naked short sellers
09 July 2008 by Judd Bagley
This episode examines the state of the news media, and the apparent bias business writers have against stocks targeted by illegal naked short selling hedge funds.
09 July 2008 by Mark Mitchell
Certain journalists and convicted criminals with ties to hedge funds have suggested that we at Deep Capture are crazy because we believe some short-sellers deliberately destroy public companies for profit. Last night, JP Morgan CEO Jamie Dimon was interviewed by Charlie Rose. Rose said, “[Bear Stearns CEO] Alan Schwartz is quoted as saying.. that he thought [the [...]
01 July 2008 by Judd Bagley
The first several posts published on AntiSocialMedia.net dealt with former BusinessWeek reporter Gary Weiss and his abuse of blogs, Wikipedia and message boards in defense of illegal stock market manipulation. Almost immediately after publishing the first such post, I began to receive email from readers who were confident that any scam involving Gary Weiss was all [...]
30 June 2008 by Mark Mitchell
You read it here first. But if you don’t believe us, hear it from Vanity Fair instead. In the magazine’s latest issue, released today, correspondent Byran Burrough reports that “More than a few veteran Wall Streeters believe an investigation by the Securities and Exchange Commission will uncover evidence that [investment bank Bear Stearns] was the victim [...]
26 June 2008 by Mark Mitchell
Mark Mitchell of Deep Capture shows that CNBC's David Faber and a hedge fund contributed to the collapse of Wall Street investment bank Bear Stearns.
