Gary Weiss knows what Joe knows
01 August 2008 by Judd Bagley
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?
Posted in AntiSocialMedia with Judd BagleyComments (0)
Gary Weiss and DTCC: Roddy Boyd Responds
29 July 2008 by Judd Bagley
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.
Posted in AntiSocialMedia with Judd BagleyComments (0)
Short-Sellers Spin Themselves Silly, SEC Sounds Strong
24 July 2008 by Mark Mitchell
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.”
Posted in The Mitchell ReportComments (0)
We ♥ Jim Cramer
23 July 2008 by Mark Mitchell
In “The Story of Deep Capture,” we noted that CNBC’s Jim Cramer is at the center of a clique of dishonest journalists (most of them former employees of Cramer’s website, TheStreet.com) who have spent many years taking dictation for short selling hedge funds (most of them connected to Cramer). These same journalists, we pointed out, have steadfastly denied that hedge funds commit crimes or that illegal naked short selling is a big problem.
Posted in The Mitchell ReportComments (3)
The Sound of one Hand Clapping
23 July 2008 by Judd Bagley
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).
Posted in AntiSocialMedia with Judd BagleyComments (1)
Having Lost Control of the Narrative, They Ask For It Back
22 July 2008 by Patrick Byrne
Low-rent stumble-bums (i.e., Sam Antar and Gary Weiss) don’t get to climb in the ring with Ali, but I’ll meet Dan Loeb, David Einhorn, or Steve Cohen for legitimate public debate anytime, anywhere.
Posted in The Deep Capture CampaignComments (0)
How Naked Short Sellers and CNBC Bamboozled the SEC
21 July 2008 by Mark Mitchell
You can bet that the hedge fund talking points were rolling off the CNBC fax machine last week, and really, the network did a stellar job – right on par with the high-powered lobbyists in Washington. Yes, the folks at CNBC should join hands with those lobbyists, and take a deep bow. It was a [...]
Posted in The Mitchell ReportComments (2)
Upon Further Examination, It Seems My Paper Is Captured Too
20 July 2008 by Patrick Byrne
No, no newspaperman actually said that. In so many words, anyway. But the following story is true. In the spring of 2006 I met with the very bright editor of the editorial page of a major American newspaper (I do not name the paper only because I do not wish to embarrass the individual involved). [...]
Posted in The Deep Capture CampaignComments (2)
Deep Capture: The Haiku
19 July 2008 by Patrick Byrne
The tail wags the dog, Then tail eats the dog, then The tail becomes dog. (Wall Street wags the government, then it eats the government, then it becomes the government.)
Posted in The Deep Capture CampaignComments (25)
The SEC Declares Emergency, and Joe Nocera Yammers On
15 July 2008 by Mark Mitchell
Naked short selling and phantom stock causes the SEC to declare emergency; Joe Nocera and affiliated journalists continue to deny there is a problem.
Posted in The Mitchell ReportComments (22)
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