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- John Paulson: Villain or Genius?
- Gary Weiss submits: That's the subject of my latest Portfolio article, which is online here.In the context of an in-depth profile of John Paulson, I discuss the role of short-selling in the recent calamity. Note Jim Chanos's account of a conversation that he had with Alan Schwartz of Bear...
- External links 2009-01-08
- John Thain, Public Relations Genius
- Gary Weiss submits: I've been spending the past couple of days trying to figure just exactly what happened to John Thain's cranium. Is he feeling OK? I mean, did he fall down while skiing in Vail (you know, while the fourth quarter's red ink was being poured over Bank...
- External links 2009-01-25
- The Wall Street Journal Is Short-Staffed
- Gary Weiss submits: Yup, that's the explanation that's percolating out of the Wall Street Journal on why it ignored Bernie Madoff whistleblower Harry Markopolos. An anonymous source tells the CJR's Audit that unnamed Journal editors, and not reporter John Wilke, were to blame: by Gary Weiss
- External links 2009-02-09
- AIG Bonuses and Collective Amnesia
- Gary Weiss submits: Joe Nocera had a perceptive column yesterday describing the problem with the hysteria that has surrounded the [[AIG]] bonuses. Sure the bonuses are outrageous--any child can see that--but Nocera points out that rage over the bonuses tends to obscure more significant issues. But there is...
- External links 2009-03-22
- What 'Advice' Will Artie Levitt Give Goldman Sachs?
- Gary Weiss submits: I've been scratching my head --- and I don't advise it, as it causes a sore -- trying to figure out the kind of "advice" that Goldman Sachs GS is going to get from its new "advisor," the overrated former chairman of the SEC, Arthur Levitt.Why...
- External links 2009-06-03
- Goldman's PR Offensive: What's in It for Them?
- Gary Weiss submits: Once upon a time I called Goldman Sachs GS to see if I could get cooperation for a story I was working on. Goldman was not the subject of the story, but played a role. The spokesperson's response was enjoyably candid: "What's in it for us?"...
- External links 2009-11-19
Additional Resources
- The Reliable Unreliability of Overstock.com Financial Statements
- Gary Weiss submits: There are few certainties in this world: gravity, the speed of light, and, more obviously every quarter, the utter unreliability of Overstock.com OSTK financial statements.That became starkly evident yesterday, as white collar crime-fighter Sam Antar released the latest of a series of blog items showing that...
- External links 2009-05-05
- Stanford Financial's CFO Laura Pendergest-Holt: A Victim of Overzealous Regulators?
- Gary Weiss submits: Want the hairs on the back of your neck to stand up? If so, read about how ex-Overstock.com legal brain Brent Baker crowed to the Salt Lake Tribune about his poor, downtrodden, misunderstood client, Stanford Financial's CFO Laura Pendergest-Holt.Hold on to your barf bags, folks. The...
- External links 2009-05-21
- AGH will reinvest to stay listed.
- Jun 03, 2003 (The Australian Financial Review - ABIX via COMTEX) Australian Growth Properties AGH is jeopardising its Australian Stock Exchange listing by selling its two largest assets. The deal, worth $A397m, involves the sale of AGH's two towers in George Street, Sydney, to...
- Research articles 2003-06-03
- The Wall Street Journal Blew Chance to Expose Madoff
- Gary Weiss submits: A bombshell is buried in Harry Markopolos' prepared testimony to a House panel today: he contacted the Wall Street Journal on the Bernie Madoff fraud three years ago, and the newspaper did nothing.It seems that the Journal missed an opportunity to achieve one of the...
- External links 2009-02-04
- Overstock.com's Latest Gambit: Email Spams to Promote Its Wacky CEO
- Gary Weiss submits: The corporate fraud poster boy Overstock.com, having just reinstated in financial results going back to the time of Copernicus, has invested its scarce cash in a new but typically slimy tactic: email spams. Now, the purpose of this spam was not to clear out the...
- External links 2008-11-17
- Patrick Byrne Fails to Celebrate New SEC Investigation of Overstock.com
- Gary Weiss submits: Vindication for Sam Antar, whom Overstock has tried to silence Patrick Byrne famously issued a thumb-your-nose press release to the SEC in 2006, when the company's records were subpoenaed in an SEC investigation of its accounting. Byrne said he "celebrated" the subpoena and...
- External links 2009-09-18
- McAfee Inc. Q4 2005 Earnings Conference Call Transcript (MFE)
- Earnings Call Excerpt McAfee Inc. MFE Q4 2005 Earnings Conference Call February 10th 2006, 4:30 PM. Executives: Kelsey Doherty, Senior Director of Investor Relations Eric Brown, Chief Financial Officer and Executive Vice President George Samenuk, Chairman, Chief Executive Officer Analysts: ...
- Earnings calls 2006-02-14
- The SEC Finally Reopens Overstock.com Inquiry
- Sam E. Antar submits: Last week, the Securities and Exchange Commission Enforcement Division took the unusual step of re-opening an investigation of financial reporting irregularities at Overstock.com (NASDAQ: OSTK) after dropping a previous investigation just fifteen months earlier in June 2008. The SEC re-opened its probe of Overstock.com in...
- External links 2009-09-23
- Simple Rules for Making Alliances Work
- The Idea in Brief The number of corporate alliances soars 25% a year. And those partnerships account for nearly 33% of many companies' revenue and value. Yet the failure rate for alliances hovers at 60%-70%. According to Hughes and Weiss, that's because too...
- Articles 2007-11-16
- New York Community Bancorp Inc. Q4 2008 Earnings Call Transcript
- Earnings Call ExcerptNew York Community Bancorp Inc. NYB Q4 2008 Earnings Call January 27, 2009 9:30 am ET Executives Ilene Angarola – Director of Investor Relations Joseph Ficalora – Chairman, President and Chief Executive Officer Thomas Cangemi – Chief Financial Officer Robert Wann – Chief Operating Officer John...
- Earnings calls 2009-01-27
- Lazard Names Kenneth Jacobs as CEO
- By Steve EderNEW YORK (Reuters) - Lazard Ltd LAZ on Tuesday named insider Kenneth Jacobs as CEO and chairman, succeeding legendary Wall Street dealmaker Bruce Wasserstein, who died last month.The move was widely expected and signals the investment bank will keep its focus on businesses such as merger advisory and...
- News items 2009-11-17
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