Browsing Tag
fairfax financial
10 posts
The stories behind the Rocker and Gradient lawsuit story
Today, short-selling hedge fund Rocker Partners paid Overstock.com $5-million to settle the lawsuit filed against them in August of 2005. Rocker Partners also entirely dropped its own countersuit. This is a major victory for all public companies targeted by bear raiding hedge funds.
Our Watchdogs and the Financial Scandal of the Century
Naked short selling helped crash the economy. The OIG thrashes the SEC. Other Watchdogs do nothing.
Email Exposes Short Seller Plot to Destroy a Public Company
This is Part 3 of an ongoing series. Read Part 1 Read Part 2 A few years ago,…
A hedge fund suite for Richard Sauer
In a recent interview, SEC whistleblower Gary Aguirre offered his insights into the regulatory failings that allowed the…
December 29, 2008
Spyro Contogouris and the gentle art of hedge fund persuasion
Among the disturbing facts contained in the recently unsealed documents obtained via discovery in the Fairfax Financial (NYSE:FFH)…
December 24, 2008
Rocker Partners and Bethany McLean: the smarmiest guys in the room
the evidence shows that Rocker Partners hedge fund first approached Bethany McLean about Fairfax on December 7, 2006. Bethany then met with Rocker Partners employee (and former SEC attorney) Richard Sauer 11 days later, and presumably began work on what would become her March 6, 2007 article The inside story of a Wall Street battle royal shortly thereafter.
Introducing John Hempton: the Plunderer from Down Under
While an examination of the recently-unsealed products of discovery in the Fairfax Financial (NYSE:FFH) vs. SAC Capital, el al, lawsuit reveals the extensive involvement of most all the usual players -- both in the world of hedge funds and business journalism -- one name, mostly unknown to those outside Fairfax circles, appears quite prominently: John Hempton of Sydney Australia.
Bethany McLean: your benefit of the doubt is hereby revoked
There’s no sense denying it: reporters depend on sources, and in the mind of most business journalists, a…
December 16, 2008
Fairfax and just the facts, Ma’am.
Evidence of corruption and market manipulation among stock researchers and short selling hedge funds? That sounds suspiciously like the claim Deep Capture reporter Patrick Byrne has been making, ad nauseum, for over three years.
Fairfax and just the facts, Ma'am.
Evidence of corruption and market manipulation among stock researchers and short selling hedge funds? That sounds suspiciously like the claim Deep Capture reporter Patrick Byrne has been making, ad nauseum, for over three years.