Prepare to be astounded
I believe I can predict to within a few percentage points how many shares of SHLD failed to deliver during the second half of January.
February 17, 2010
Yet another naked shorting disinformation campaign laid bare
Former business journalist Gary Weiss, who seeks to cover-up the threat and impact of market manipulation via illegal naked short selling, has made Wikipedia a major point of focus.
December 30, 2009
Three short hours inside the SEC
And so it was with today's second and concluding session of the SEC's roundtable on securities lending and short selling: I expected the absolute worst, but in the end was pleasantly surprised to find that it wasn't quite as bad as I feared.
September 30, 2009
The Pendulum Swings
On balance, 2006 was a very dark time for the market reform movement, as every charge was followed by a blistering counter-charge, and every lunge answered by a quick parry.
August 5, 2009
It Only Hurts When I Laugh
The Congressional Research Service is a Library of Congress think-tank with just one client: Congress. A member of…
March 4, 2009
Lecture on abuse of social media by stock manipulators
I recently lectured business students at the University of Texas, on the topic of abuse of social media…
February 16, 2009
Mr. President, Settle the Trades
The new president must ensure that Wall Street delivers what it sells
December 1, 2008
Emails show journalist rigged Wikipedia's naked shorts
Writing from the pages of a makeshift website known as AntiSocialMedia.net, Bagley has accused Gary Weiss of not only rigging Wikipedia but flooding countless blogs and stock message boards with anonymous vitriol meant to undermine Patrick Byrne and his views on naked shorting. And he says that Weiss has worked in tandem with several others, including a man named Floyd Schneider.
October 1, 2008
Gary Weiss and DTCC: Roddy Boyd Responds
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.
July 29, 2008
Gary Weiss: his DTCC ties and lies
We knew Gary Weiss's aim was to discredit and marginalize high profile opponents of illegal naked short selling. Yet his book, which seemed to be the launch pad of Weiss’s campaign, was quite critical of both hedge fund and prime broker culture: the two obvious sides of the naked shorting equation.So who was paying Weiss to spend all day, most every day, publishing his attacks via his blog, message boards, and Wikipedia? Nobody had ever considered the DTCC.
July 15, 2008