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.
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.
I recently lectured business students at the University of Texas, on the topic of abuse of social media…
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.
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.
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.