Posts by dave 2 publicly visible posts • joined 2 Oct 2008
you guys need to look deeper into this.
First, legal shorting is leal - naked shorting is not. That is the law. If naked shorting does not harm companies, why would such an alliance of the financial press attack the messenger. Wouldn't it be easier to just leave him alone. weiss risks his career and his reputation on this. Would you do that on nothing?
This goes well beyond the integrity of Wikipedia, it gets into the integrity of the financial press and how far they will go to protect their sources. There is a reason why Gary Weiss risked his career on this and most likely somebody had to pay him to act in this manner. More concerning, and based on the massive circle of the financial media Weiss circulated with on this issue, it really raises doubts about the financial press and their desire to educate the public.
Now, with all we now know, you must ask how far those that convinced Weiss to take on this risk will go. would they persuade economists to fudge analysis to tout their positions? like Wikipedia, there seems to be a heavy diversion of opinion coming from economists with ties to Yale University. Many coming out "independantly" and citing the same party line. And ironically, the same party line as Weiss and his circle of friends.
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