While I suspect Gary Weiss has had an extensive relationship with DTCC, Boyd says DTCC spokesman Stuart Goldstein has personally denied as much to him on multiple occasions. What remains unclear is why, for 18 months, Stu Goldstein has insisted on answering my questions through Roddy Boyd.
We knew his aim was to discredit and marginalize high profile opponents of illegal naked short selling. Yet his book, which seemed to be the launch pad of Weiss’s campaign, was quite critical of both hedge fund and prime broker culture: the two obvious sides of the naked shorting equation. So who was paying Gary Weiss to spend all day, most every day, publishing his attacks via his blog, message boards, and Wikipedia? Answer: the DTCC
The first several posts published on AntiSocialMedia.net dealt with former BusinessWeek reporter Gary Weiss and his abuse of blogs, Wikipedia and message boards in defense of illegal stock market manipulation.
Almost immediately after publishing the first such post, I began to receive email from readers who were confident that any scam involving Gary Weiss was all [...]
There has been much speculation as to the root of Gary Weiss’s abiding interest in the personalities voicing their objections to the practice of illegal naked short securities trading.
In February of this year, some felt that question was answered in the form of a minor yet tremendously significant incident from which it could be fairly [...]
Third Point, LLC is a hedge fund run by Daniel Loeb, also known on stock message boards as “Mr. Pink.”
Michelle McDonough (formerly Michelle Sarian), is a convicted felon who has spent one year in prison for securities fraud. Today, as before going to prison, McDonough has a company called Magic Consulting.
Floyd Schneider is a prolific [...]