fairfax financial

The stories behind the Rocker and Gradient lawsuit story

Today, short-selling hedge fund Rocker Partners paid Overstock.com $5-million to settle the lawsuit filed against them in August of 2005. Rocker Partners also entirely dropped its own countersuit. This is a major victory for...
Judd Bagley
28 sec read

Our Watchdogs and the Financial Scandal of the Century

Naked short selling helped crash the economy. The OIG thrashes the SEC. Other Watchdogs do nothing.
Mark Mitchell
13 min read

Email Exposes Short Seller Plot to Destroy a Public Company

This is Part 3 of an ongoing series. Read Part 1 Read Part 2 A few years ago, a clique of influential journalists went to extraordinary lengths to cover up the problem of illegal...
Mark Mitchell
9 min read

A hedge fund suite for Richard Sauer

In a recent interview, SEC whistleblower Gary Aguirre offered his insights into the regulatory failings that allowed the Bernie Madoff scheme to reach such enormous proportions for so long. Aguirre places particular blame upon...
Judd Bagley
3 min read

Spyro Contogouris and the gentle art of hedge fund persuasion

Among the disturbing facts contained in the recently unsealed documents obtained via discovery in the Fairfax Financial (NYSE:FFH) vs. SAC Capital, et al, lawsuit are the lengths to which short-selling hedge funds go to...
Judd Bagley
3 min read

Rocker Partners and Bethany McLean: the smarmiest guys in the room

the evidence shows that Rocker Partners hedge fund first approached Bethany McLean about Fairfax on December 7, 2006. Bethany then met with Rocker Partners employee (and former SEC attorney) Richard Sauer 11 days later,...
Judd Bagley
1 min read

Introducing John Hempton: the Plunderer from Down Under

While an examination of the recently-unsealed products of discovery in the Fairfax Financial (NYSE:FFH) vs. SAC Capital, el al, lawsuit reveals the extensive involvement of most all the usual players -- both in the...
Judd Bagley
2 min read

Bethany McLean: your benefit of the doubt is hereby revoked

There’s no sense denying it: reporters depend on sources, and in the mind  of most business journalists, a connected hedge fund manager will always prove a more valuable source than even the CEO of...
Judd Bagley
3 min read

Fairfax and just the facts, Ma’am.

Evidence of corruption and market manipulation among stock researchers and short selling hedge funds? That sounds suspiciously like the claim Deep Capture reporter Patrick Byrne has been making, ad nauseum, for over three years.
Judd Bagley
2 min read

Fairfax and just the facts, Ma'am.

Evidence of corruption and market manipulation among stock researchers and short selling hedge funds? That sounds suspiciously like the claim Deep Capture reporter Patrick Byrne has been making, ad nauseum, for over three years.
Patrick Byrne
2 min read