Patrick Byrne responds to short seller Jim Chanos on Fox Business Network.
Among the disturbing facts contained in the recently unsealed documents obtained via discovery in the Fairfax Financial (NYSE:FFH)…
December 24, 2008
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, and presumably began work on what would become her March 6, 2007 article The inside story of a Wall Street battle royal shortly thereafter.
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 world of hedge funds and business journalism -- one name, mostly unknown to those outside Fairfax circles, appears quite prominently: John Hempton of Sydney Australia.
There’s no sense denying it: reporters depend on sources, and in the mind of most business journalists, a…
December 16, 2008