Steven Cohen

Steve Cohen, the anti-Midas

This brings us to another interesting phenomenon: the startlingly high mortality rate of SAC-sponsored spin-off hedge funds.
Judd Bagley
2 min read

Blue Kryptonite and naked short selling

Within minutes of my introduction to the world of short selling hedge funds, I encountered the analogy that remains the best suited to describe the truth to which they subscribe: Bizarro World.
Judd Bagley
5 min read

Bernard Madoff, the Mafia, and the Friends of Michael Milken

In 2005, Patrick Byrne, the CEO of Overstock.com and future Deep Capture investigative reporter, began a public crusade against illegal naked short selling (hedge funds and brokers creating phantom stock to manipulate stock prices...
Mark Mitchell
28 min read