TheStreet.com's Barry Ritholtz and a Tale of Two Media -02/11/10 at 1:43 PM CSTby Judd Bagley

This is a transcript of the Deep Capture podcast episode published on February 10, 2010. You may: Download the episode in mp3 format. Subscribe to the podcast’s RSS feed. Download in iTunes. listen to the episode right here in this handy audio player:  Barry Ritholtz and a tale of two media. [12:35m]: Hide Player | Play in Popup   It...

New Evidence Raises Questions About Kingsford Capital - Links To TheS... -01/07/10 at 5:20 PM CSTby Mark Mitchell

A blog published by the University of North Carolina School of Journalism reported recently that Steve Cohen of hedge fund SAC Capital managed to kill a story by Reuters reporter Matt Goldstein. It seems that Goldstein was going to shed some light on allegations that Cohen engaged in insider trading. Cohen didn’t like that, and got in touch with Gol...

Ghosts of Fairfax Financial: Now, Hedge Funds Scurry to Sever Ties wi... -12/23/09 at 12:44 PM CSTby Judd Bagley

Investigative financial reporter Teri Buhl is reporting that hedge funds are scrambling to put as much distance as possible between themselves and the increasingly radioactive SAC Capital, which is rumored to be the next target of the FBI’s crackdown on insider trading. According to Buhl, this includes purging email exchanges with SAC. Funds like Bl...

TheStreet.com Inc's Jim Cramer Asks Blog to Remove Post, Apologize -11/03/09 at 10:36 AM CSTby Reggie Abaca

Stock newsletter website Wall St. Cheat Sheet received a surprise email from Jim Cramer in response to an article critical of TheStreet.com Inc (TSCM) stock.  Taking issue with author Damien Hoffman's title, "Jim Cramer Says Sell, Sell, Sell His Company TheStreet.com," Cramer wrote the following e-mail to the author, according to the website: Subject...

TheStreet.com's Jim Cramer Bizarro World of Short Selling Hedge Funds -08/14/09 at 12:04 PM CDTby Judd Bagley

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. A planet that appears from time to time in the DC Comics universe, Bizarro World is noteworthy for its utter opposition to everything associated with reality on Ea...

Dendreon & Deceit: Jim Cramer, Pequot Capital -07/19/09 at 12:02 PM CDTby Mark Mitchell

“SELL! SELL! SELL!” shouted Jim Cramer on March 28, 2007. The CNBC “journalist” assured his viewers that the FDA advisory panel would vote that Dendreon’s treatment for prostate cancer was neither safe nor effective (notwithstanding the fact that the FDA had given the treatment “priority review” status because Pro...

Michael Milken, 60,000 Deaths, and the Story of Dendreon, Chapter 1 -06/24/09 at 1:38 PM CDTby Mark Mitchell

This story, like too many others, begins with Jim Cramer, the CNBC personality, making “a mistake.” On September 26, 2005, Cramer announced to his television audience the sad news (punctuated by funny sound effects – a clown horn, a crashing airplane) that Provenge, an experimental treatment for prostate cancer, had flopped. Thousan...

With Media Absent, a Senator Speaks Out About Naked Short Selling -05/05/09 at 7:53 PM CDTby Mark Mitchell

Last night, CNBC’s Jim Cramer interviewed Senator Ted Kaufman about the problem of abusive short selling. The Senator said: “We gotta have people feel that they’re getting a fair share and the market’s on the level…Clearly, every indication is that things went on in terms of short selling – both in Bear Stearns and Leh...

Short Selling Activist Asensio Says Naked Short Selling Should Be Legal -04/07/09 at 5:25 PM CDTby Reggie Abaca

In a response to former SEC Commissioner Roel Campos stating that there ought to be a certain level of short selling regulation, New York hedge fund manager and activist short seller Manuel Asensio responded on Bloomberg-TV: "There should be no reason to borrow stock," referring to the requirement that one should borrow stock that they sell short.  H...

Our Watchdogs and the Financial Scandal of the Century -04/04/09 at 1:26 PM CDTby Mark Mitchell

“Accountability – Integrity – Reliability” That’s the motto of the Government Accountability Office, and it almost makes you believe that there really is a functioning watchdog – somebody, aside from us Internet loons, to investigate and report on the incompetence and malfeasance that pervade our public institutions. Ce...

Jim Cramer, The Weasel Who Is Now An Investor Advocate -03/21/09 at 1:10 PM CDTby Reggie Abaca

"I'm trying," he told Jon Stewart, on Comedy Central's "The Daily Show." But he didn't say what he was really trying to do. He didn't say that he was "trying" to distance himself from those same manipulators of markets who were once his closest friends.  He didn't say he was "trying" to pretend he did not receive a Securities and Excha...