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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...
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TSCM FFH
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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...
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TSCM FFH
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Email Exposes Short Seller Plot to Destroy Public Company, Fairfax
Fi... -02/17/09 at
11:33 PM CSTby Mark
Mitchell
A few years ago, a clique of influential
journalists went to extraordinary lengths to cover up the problem
of illegal short selling. In the face of indisputable data and
evidence, the journalists insisted, over and over, that
“naked” short selling (hedge funds manipulating stock
prices by flooding the market with phantom stock) rarely
occurred...
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