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Bernard Madoff, the Mafia, and the Friends of Michael Milken

In 2005, Patrick Byrne, the CEO of Overstock.com and future Deep Capture investigative reporter, began a public crusade against illegal naked short selling (hedge funds and brokers creating phantom...

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Blue Kryptonite and naked short selling

The Bizarro World Code Within minutes of my introduction to the world of short selling hedge funds, I encountered the analogy that remains the best suited to describe the truth to which they subscribe:...

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Steve Cohen, the anti-Midas

My most recent post, showing emails suggesting an instance of insider trading on the parts of short-selling hedge funds SAC Capital, Kynikos Associates and Third Point Partners, included a brief...

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Michael Milken Redux: Insider Trading Indictments on the Horizon for SAC...

It’s been a long time coming, but the guys with guns and badges might soon be slapping handcuffs on some of Wall Street’s most destructive miscreants. According to a report posted over the weekend on...

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