Lecture on abuse of social media by stock manipulators
I recently had the honor of lecturing a group of business students at the University of Texas, on the topic of abuse of social media by stock manipulators. I’ve merged the recording of the lecture with my slide presentation and make it available for you here.
I should also note that I found this experience to be a very positive one, and would welcome similar opportunities in the future. Please contact me via email at: antisocialmedia@gmail.com
The Final Word on Gary Weiss and Wikipedia
One of the strangest things I've ever seen is how Gary Weiss deals with getting caught in a lie.
A great example of this is his denial of so much as editing Wikipedia, in the face of evidence that not only has he been a very active Wikipedia editor, but that he's also engaged in an concerted effort to inject misinformation into the Wikipedia articles on naked short selling, prominent opponent of naked short selling Patrick Byrne, and Overstock.com, which is the company Byrne heads as CEO.
To give a little background, here's what Weiss originally wrote (and later deleted) in his blog in response to my repeated claims that he was the now-infamous Wikipedia editor "Mantanmoreland".
Bagley didn't even pretend to have contacted me, not that it would have prevented him from publishing his smears -- just as Wikipedia's denial, and mine, has never prevented him from repeating, again and again, his malicious lie that I have edited Wikipedia.
About that same time, Weiss added this comment to his blog:
I think that it is indicative of Judd's (and his boss's) malice -- in every sense of the word -- that he would publish an outright lie while knowing that it is a lie. Both I and the DTCC have denied the total rubbish that he posted on his website.
Similarly he continues to publish the lie that I am this "Mantanmoreland" long after it was, again, denied by both myself and Jimbo Wales of Wikipedia.
Since ASM is an extension of Overstock.com, operated with the blessing and open and enthusiastic support of its CEO, I think that what you have here goes clearly beyond ethical issues. Of course corporate ethics is clearly never a consideration for Patrick Byrne, in earning the merit badges required to gaint he sought-after title of "America's worst CEO."
Gary Weiss | Homepage | 02.09.07 - 11:07 am | #
Before proceeding, let's make sure everybody agrees that Gary Weiss insists my claim that he has edited Wikipedia is a "malicious lie."
Everybody clear on that?
Good. Now on to Gary's email. (Read this to learn how I came to posses email between Gary Weiss and another individual).
On 1/28/2006 at 7:19 PM, Floyd Schneider became aware of the battle that was raging for control of the Wikipedia article on naked short selling, and sent a link to Gary Weiss.
The next morning, Weiss sent the following two replies:
From: garyrweiss@verizon.net
To: Floyd3491@aol.com
Subject: Re: (no subject)
Date: Sun, 29 Jan 2006 11:13:46 -0500
Received: from unknown (HELO maincomputer) (garyrweiss@verizon.net@70.23.85.112 with login) by smtp101.vzn.mail.dcn.yahoo.com with SMTP; 29 Jan 2006 16:13:43 -0000
---------------
Note that they're hijacking that page. However, anyone can unhijack. You just go into edit mode, select all and copy the page when it is in good shape, and save it as a text file. That makes it easier to replace the page when it has been baloneyfied. I may insert a reference to my book at some point.....
From: garyrweiss@verizon.net
To: Floyd3491@aol.com
Subject:
Date: Sun, 29 Jan 2006 11:21:46 -0500
Received: from unknown (HELO maincomputer) (garyrweiss@verizon.net@70.23.85.112 with login) by smtp101.vzn.mail.dcn.yahoo.com with SMTP; 29 Jan 2006 16:21:43 -0000
---------------
right now, for example, it is in pretty good shape. In fact..... well, here
is what one simply has to plug in... attached.
You can see the document Weiss attached here.
So, those are the emails.
Here's what they tell us.
First, we now know that as early as 1/28/2006, Gary Weiss clearly had edited Wikipedia, which is not itself a big deal. Yet, Weiss calls the claim a "malicious lie."
Indeed, it is Weiss who is lying.
Second, we now know (as if there were any doubt) that Weiss was "Mantanmoreland". Here's how:
Note Weiss's IP address on January 28 and 29, 2006 as reflected by these two emails: 70.23.85.112. Now, look at the Wikipedia edit history of IP address 70.23.85.112.
As you can see, someone using the IP address 70.23.85.112 was eagerly editing the Wikipedia article on naked short selling on January 27 and 28, 2006 and then stops abruptly.
The final act of the editor at IP address 70.23.85.112 was to edit the article to appear precisely how it did in the file Weiss sent Schneider.
Wikipedia editor "Mantanmoreland" is created shortly thereafter and his first act is then to restore the naked shorting article to how it appeared where 70.23.85.112 left off (again, precisely mirroring the content of the attachment Weiss had sent to Schneider).
Weiss sent his second reply to Schneider before any edits were made to that version, noting "right now, for example, it is in pretty good shape."
From this, we know that Gary Weiss = 70.23.85.112 = Mantanmoreland, and that Weiss's MANY ongoing denials are among the more deeply disturbing lies I've witnessed another human concoct.
While hardly germane, given the gravity of the above, I'd like to make out two additional points (a little running up of the score, if you will).
First, the act of recruiting others to mimic one's position when editing an article on Wikipedia is known as "meatpuppeting", and is regarded as a serious offense in that silly culture. This is precisely what Weiss has done here, although there is no evidence that Schneider acted upon Weiss's request.
Second, for all the times he has lied, Weiss certainly told the truth when he said, "I may insert a reference to my book at some point."
Beginning one week after the publication of his second book on April 6, 2006, Weiss added (and very jealously guarded) dozens of references to his book, many of which persist to this day.
The many fish tales of Jimbo Wales
Over the past month, dozens of volunteers have joined together to assemble a staggering amount of evidence backing up one of the central claims of AntiSocialMedia.net: that former financial journalist Gary Weiss is possibly the most profoundly conflicted Wikipedia editor in the history of that website.
By all accounts, the resulting mass of evidence vastly exceeded any previous effort and produced a “case” supporting the claim that Gary Weiss has, in extreme violation of Wikipedia policy, deceitfully operated multiple accounts in an effort to skew the articles relating to naked short selling, Overstock.com, Patrick Byrne, and Gary Weiss himself.
Those unfamiliar with Wikipedia policy might not appreciate just how big a deal this really is.
It’s very satisfying to see so much support for the claim that has, over the past year, created so much misery for the few who have believed it.
That misery was occasioned, in large part, by the inexplicable obstructionism of Wikipedia founder Jimbo Wales, who intervened on multiple occasions to halt efforts threatening to tie Weiss to his many wiki sockpuppet identities.
Initially, it seemed reasonable to assume that Wales’s unreasonable behavior was based on bad information, and that he was otherwise acting in good faith.
That changed, however, when several of Wales’s contributions to a very small and private email list were recently leaked to me.
Of these, the most interesting, dated September 15, 2007, reads as follows:
From: jwales@wikia.com (Jimbo Wales)
I just want to go on record as saying that I believe the reason for this is that Mantanmoreland is in fact Gary Weiss.
Before lauding Wales’s apparent enlightenment on this topic, note the comment he made one month later, in reference to his support of an effort to block model Wikipedia editor Cla68 from making the most reasonable changes to the Gary Weiss article autobiography:
“Cla68, I fear that you have been manipulated by lying stalkers and trolls...”
In case it’s not clear, this is one of Wales’s many references to me as “lying stalker” and “troll.”
Kindly re-read the previous few paragraphs in case the following point is not made crystal clear to you: in private, Wales admitted knowing that I was correct about Gary Weiss, and yet in public, continued protecting Weiss, defaming me and castigating those who recognized and acted upon the truth as reported here.
What could possibly motivate someone to be not only deceitful, but deeply, irresponsibly and libelously deceitful?
Before you answer, consider the insights we can glean from the examples of Rachel Marsden and Jeff Merkey.
Rachel Marsden
Marsden is a controversial Canadian media personality and political consultant whose Wikipedia article has consistently tended toward the disproportionately negative.
While the full extent of their relationship is unknown, the emergence of a series of IM chat transcripts between Marsden and Wales makes it clear that in early February of this year, the relationship was…shall we say…a physical one.
Confronted with an overwhelming body of evidence, Wales conceded to a single “meeting” with Marsden, which took place on February 9, 2008.
While other evidence would suggest Wales isn’t telling the truth here, let us none-the-less focus on the circumstances surrounding that meeting.
In the following excerpted IM chat exchange between Wales and Marsden leading up to the February 9 meeting (originally published in Valleywag.com), the two discuss a specific point of inaccuracy in her article.
Wales: I wrote an email to the internal editors list about your entry recommending some changes, etc. I said that I would run it by you for clarification/comment and email again if there were any updates I think we have two major problems right now first, the timeline is wrong about the recent cop case... that is the worst error and easy to fix
Wales: right so the way it is told now, hang on a second let’s actually do this right now because the last thing I want to do is take a break from f**king your brains out all night to work on your wikipedia entry
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"In September 2007, on her blog Marsden wrote about and posted a picture of a counterterrorism officer for the Ontario Provincial Police with whom she had an affair. She claimed that he had leaked secret anti-terrorism documents to her, then posted email messages from him as evidence that he had been pursuing her, and sent to the National Post these along with sexually explicit pictures of him that she had received. She was investigated for criminal harassment for this behaviour, but was not charged. The OPP's criminal investigations branch cleared the officer of any wrongdoing."
so our timeline is wrong we say
(1) wrote about him on your blog
(2) posted email messages from him
(3) as a result he files harassment chargesMarsden: exactly. it was a retaliatory complaint on his part that was launched 2 months after they initiated their investigation into his stuff.
Wales: but the correct timeline is
(1) wrote about him on the blog
(2) he files harassment charges
(3) you post email messages to show how his harassment charges are bullshitMarsden: you're a sh*tdisturber.
right I only posted the emails after he went public trying to create trouble. NOT before that.
Wales: so we can get that sorted and then this makes the story clearer
Marsden: that's good of you to do. really.
Comparing the substance of this chat session with the edit history of the Rachel Marsden article in the days leading up to February 9, 2008, we see something rather striking: On February 7, wikipedian Guy Chapman (aka “JzG”) commits two changes (1)(2) which have the net effect of making precisely the content alterations Marsden requested.
Jeff Merkey
Merkey is a computer scientist and entrepreneur whose Wikipedia article came under attack by several editors critical of his professional associations.
According to Merkey, in 2006, Wales told him that in exchange for a substantial donation, Wales could use his influence to make Merkey’s article more agreeable, and to place Merkey himself under Wales's "special protection" as an editor.
Merkey made a $5,000 donation and hinted at the possibility of something much larger in the future.
Merkey claims, and the record confirms, that following his donation, Wales personally made several edits to the Merkey article, including a complete blanking of the article and destruction of its edit history (extreme steps to take under any circumstances, and doubly so considering it happened without any effort at reaching consensus, which is supposedly the coin of the Wikipedia realm).
When he announced his unilateral “start-over” on the article, Wales offered:
I have deleted the old discussion because of the unpleasantness of it. Please be extra careful here to be courteous and assume good faith. We are nearing a resolution of this longstanding conflict. Play nice, everyone.
A priceless response came 20 minutes later by wikipedian Aim Here, who asked:
“…Have you been making secret dealings behind everyone's back? So much for Wikipedia's openness.”
To which Wales nervously responded:
“Secret dealings? What on earth are you talking about?”
To which wikipedian Aim Here replied:
Whether or not the original article was a mess, you did use the phrase 'nearing a restitution of this longstanding conflict', which suggests, despite the complete lack of evidence available in public, that there is an actual conflict going on, as opposed to one which had been completely dormant for ages now. After all, suddenly and with no warning, wiping out an article and ordering everyone to start again over some sourcing problems is rather heavy-handed and drastic. The normal WP procedure is to stick some tags on it and telling everyone to change the bad bits. The 'secret deals' phrase was of course total speculation, and sorry about that, but I'd be very surprised if there wasn't something happening in private that sparked off this wholesale deletion of yours, either a deal or a threatened lawsuit. After all, pretty much the last thing Merkey said on this whole stupid subject was that he had been trying, in private, to throw $2 million at you and/or Wikipedia and threatening his usual bag of lawsuits. Well, whatever...
If this exchange seems familiar, it may be because it roughly resembles this one, which followed Jimbo Wales’ unilateral blanking of the debate over the proposed deletion of the article autobiography on Gary Weiss:
The page contained wildly inappropriate speculation that a notable author was sockpuppeting. As I am sure you are aware, many authors have had their careers badly damaged by being caught sockpuppeting at Amazon, etc., and it is deeply wrong for people to ask me to restore a page with such speculations in Wikipedia after the claims have already been investigated and dismissed. If there are further problems in the future, there will be no problem restoring the article at that time.
As an aside, based on Wales’s promise that “If there are further problems in the future, there will be no problem restoring the article at that time,” wikipedian Cool Hand Luke asked Jimbo for permission to un-delete the deletion debate in order to reference it during the present ArbCom case relating directly to the matter of Gary Weiss and his conflict of interest on Wikipedia.
Jimbo’s response: “I see no benefit in doing so.”
Conclusion
As the Rachel Marsden example demonstrates, when he’s “getting something” in return, Jimbo Wales is willing to use his position to influence Wikipedia article content.
As the Jeff Merkey example demonstrates, in addition to female companionship, that “something” can also come in the form of donations to the Wikimedia Foundation.
As the Gary Weiss example demonstrates, Jimbo Wales is willing to use Wikipedia as a tool of libel and disinformation when doing so suits him.
Only one question remains: what exactly is Jimbo Wales getting in return for continuing to publicly defame me and shield Gary Weiss from accountability for his two-year campaign of malice and disinformation, in support of illegal stock market manipulation?