UBS, in Theory, a Conspiracy to Naked Short “Tens of Millions” of Shares
They said that seeing naked short selling is like seeing UFOs. If that is the case, then UFOs, at UBS, are real.
May 1, 2013
Moral Hazard at the SEC
When attempting to understand much of what happens at the Securities and Exchange Commission, I believe moral hazard is nearly as important a factor as the much more frequently-discussed matter of regulatory capture.
July 28, 2010
Notes on David Einhorn: The Predator in a Cute T-Shirt
David Einhorn would have you believe that he is brave crusader against corporate malfeasance. The truth is, he's a fraud who did serious damage to the markets.
June 10, 2010
Goldman’s gold has lost its luster
Goldman may be flush with cash, but with pressure mounting on politicians to reject any of it in the form of campaign contributions, suddenly that cash doesn’t spend nearly as well as it used to.
May 6, 2010
The SEC and its culture of regulatory capture
But dig a little deeper and you’ll find the Stanford case is the bigger outrage by far, not so much for the scam itself, but for the shocking behavior of the regulators tasked with preventing it. Where Madoff was enabled by SEC bureaucratic incompetence, Stanford was empowered by overt SEC indifference.
April 29, 2010
Because our financial markets are so large and complex, and our financial markets regulator so captured and inept...we, the investigative bloggers, are stepping in to do the job the SEC either cannot or will not do.
March 29, 2010
Evidence of murder at 383 Madison Ave.
Nearly one year after its original date of publication, my video, "Hedge funds and the global economic meltdown" has finally received its first bit of serious criticism, and I can’t express how pleased I am about it.
March 9, 2010
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
On Rolling Stone, Penson Financial, the Mafia, and Naked Short Selling
A gotcha video shows how naked short selling works. But the scary thing is, the Mafia already knows how it works.
October 7, 2009
Rolling Stone Reports that Naked Short Selling Killed Bear Stearns and Lehman Brothers
Leave it to a music magazine to cover the biggest financial crime in history.
October 1, 2009