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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...


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...


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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