Did a little mystery company in London help hedge funds crash the markets?
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".
As you encounter conversations on this topic in the days to come, it is a good opportunity to point out that Deep Capture published irrefutable evidence of insider trading at short selling hedge funds SAC Capital, Kynikos Associates and Third Point Partners almost one year ago.
16 April 2008 by Judd Bagley
AntiSocialMedia.net has learned that Third Point has, on multiple occasions, engaged Michelle McDonough to generate support for SEC investigations and/or class action lawsuits brought by shareholders against companies in which Third Point has substantial short interests. (Daniel Loeb refused to comment on the nature of his relationship with Michelle McDonough.)
16 April 2008 by Judd Bagley
Before reading what follows, it’s important to know that Yahoo! message board aliases ymh_ymh_ymh, ursa_of_245_park_avenue, ursa_383_madison_avenue, and ursa_minor_245 all belong to Yolanda Holtzee. You can read more on these relationships here. According to a Wall Street Journal story dated April 18, 2006 (reprinted here, one week later): In 1998, hoping to make more cash, [Holtzee] began [...]
16 April 2008 by Judd Bagley
Because Gary Weiss was found to be behind the first real example of multi-ID message board bashing to be publicly proved, and because it was apparent from writing and posting styles that one person was making a large percentage of all bashing contributions to the Yahoo boards in particular, we concluded that Gary was generally [...]
16 April 2008 by Judd Bagley
UPDATE: as explained here, shortly after the following post was published, all of the reviews of each of the five “reviewers” examined were deleted by the reviewer himself, whom we posit to be Gary Weiss. Consequently, the links to the original reviews included in this post lead to blank pages. Still, we leave the post [...]
16 April 2008 by Judd Bagley
I would like to address the one interesting and worthwhile point made by the toy army deployed to attack this effort and those people presumed to be part of it. It came in the form of a question posted to Yahoo’s Overstock.com message board by topangan90065, which reads as follows: Take a good look at antisocialmedia.net Go ahead. [...]
06 April 2008 by Patrick Byrne
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 [...]
28 March 2008 by Patrick Byrne
I would rather try describing what an oyster tastes like than try to analyze Jim Cramer. For the sake of the integrity of my story, however, analyze him I must. I will confine myself to two prefatory comments: 1) Jim is a complicated man. I say this neither to excuse nor condemn him. Instead, I am [...]
12 March 2008 by Patrick Byrne
I feel the same strange admiration for Michael Steinhardt as one would for an old mobster sitting in a Tucson retirement home playing canasta. Steinhardt slipped through minefields that destroyed others, and for that alone he should be beyond cheap shots now. However, without telling Steinhardt’s story there is no way for me to make [...]
11 March 2008 by Patrick Byrne
Much though I welcome comments, I am bothered by posts from a few readers who bring ethnicity into the equation. These comments seem hateful to me. I want to explain a deep financial crime that is harming our country, but sadly, some seem unable to comment on it without discussing the Jewish ethnicity of some [...]
15 February 2008 by Patrick Byrne
I will begin this preamble to the subject systemic risk with two quotes from Warren Buffett (by quoting him I do not mean to imply his support in these efforts of mine): Of excess leverage in the system, Mr. Buffett has said, “No one knows who’s been swimming naked until the tide goes out.” Mr. Buffett calls [...]
