Jonathan Swift prophesied, “When a true genius appears in the world, you may know him by this sign, that the dunces are all in a confederacy against him.” The question is, Will the US turn into Britain circa 1961? Or are there enough cracks in the system that the dawn can break through? As Dirty Harry put it, “Well to tell you the truth, in all this excitement I’ve kinda lost track myself.”

The Deep Capture Campaign

Naked Shorts Frolic While Financial System Fries

“Morgan Stanley shares have been under extraordinary pressure as of late, for no apparent fundamental reason, as we estimate liquidity, the balance sheet, and long-term earnings, prospects are sound.” – Fox-Pitt analyst David Trone...
Mark Mitchell
5 min read

Roddy Boyd Sucks It Like He’s Paying the Rent (Fortune Magazine)

In the adult novelty & video arcade shop that is our New York financial establishment, one of the mop-and-spooge-bucket boys is Roddy Boyd, formerly of the New York Post (for folks who move their...
Patrick Byrne
3 min read

CNBC Spectacle Precedes Naked Short Massacre

So the SEC today lifted its ban on short-selling, and all but declared open season for law-breaking naked short sellers to start destroying companies again – and who does CNBC have on for two...
Mark Mitchell
1 min read

Naked Hunting Season to Resume Tomorrow

In a few hours, the SEC will lift its ban on short-selling of 900 stocks. That is well and good, except that it appears that hedge funds will also be permitted to resume abusive...
Mark Mitchell
1 min read

NYT's Nocera Digs Deep Into Naked Short Selling Scandal

In testimony before Congress yesterday, Richard Fuld, the former CEO of Lehman Brothers, said that (criminal) naked short selling precipitated the demise of Bear Stearns and Lehman, and nearly toppled Goldman Sachs and Morgan...
Patrick Byrne
3 min read

The Naked Short Selling That Toppled Wall Street

The Wall Street Journal stated in a lead editorial last week that the SEC was “reasonable” to “clamp down” on naked short selling. Well, that was progress of sorts, though one wonders how it...
Mark Mitchell
12 min read

WSJ Skips Scandal, Fills Page with Fudge

Well, predictably enough: Arturo is back! As our regular readers will recall, Arturo Bris, a professor in Switzerland, issued a report last summer claiming that the SEC’s emergency order banning naked short selling of...
Mark Mitchell
6 min read

How did you know all this was coming?

Patrick Byrne on Fox Business Channel answers the question: "How did you know all this was coming?"
Judd Bagley
0 sec read

The Simple Truth About Naked Short Selling – A Bit Late

More than two years ago, Patrick Byrne, the future Deep Capture reporter, had dinner with an editor of one of the nation’s most important newspapers. The editor said, “I know the media has not...
Mark Mitchell
1 min read

More right than wrong

Fox Business: Neil Cavuto says Patrick Byrne has been "more right than wrong on this stuff."
Judd Bagley
0 sec read