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Technology Stocks : TheStreet.com, Inc. (TSCM)

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From: StockDung3/2/2006 10:28:52 AM
   of 1821
 
On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up
thesanitycheck.com

Location: Blogs Bob O'Brien's Sanity Check Blog
Posted by: bobo 3/1/2006 5:16 PM
NOTE: 9:55 EST - Go read Dave Patch of Investigatethesec.com's new blog, wherein he reveals that Cramer NEVER sold a single share of TSCM stock until after the subpoenas hit - either that, or the counsel for TSCM was lying. Either way, fascinating reading. So Cramer and 4 execs all sold a bunch of stock between Feb. 14 and when they told the public about the subpoenas. Knock knock, SEC? Here's the numbers:

CRAMER JAMES J (Director) 17 $794,510.02

LONERGAN JAMES (President) 12 $1,587,073.90

MOGENSEN LISA (CFO) 12 $1,973,912.72

CLARKE THOMAS J JR (CEO) 11 $3,301,406.94

And in case anyone missed it, go read Gayle Essary of FinancialWire's very funny satirical commentary in his guest blog, as well as Alan Newman's commentary from Crosscurrents.

And last, send this poll result to everyone you know - the vast majority of those surveyed think naked short selling should carry a penalty as stiff or stiffer than counterfeiting or fraud.

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“When the rules get in the way of making money, sometimes you have to bend the rules.”

Reportedly said tonight by Jim Cramer, CNBC personality and recipient of SEC subpoena.

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The last few days have been an eye-opener for many who believed that the NY financial media had any pretense of fairness.

They have been treated to gang-up style interviews on CNBC by guys like Kudlow, blatant grandstanding and demonizing by Cramer, the whole gang of lapdog journalists showing up to say nasty things about Byrne and OSTK, and a virtual news blackout on OSTK’s major victory in Marin County – where a judge ruled that the OSTK suit would move forward, and discovery would be granted.

Not a single one of the NY Media have reported on that.

Folks, this is how the actual world really is. The people you are told represent your interests, and are reporting the news for you, are actually talking heads that are lying to you. They lie by omitting critical data, by pretending that events don’t occur, and by following whatever agenda their big-money masters provide. It has never been more blatant, or obvious. The masks are off, they aren’t even pretending anymore, and everyone now sees and understands that these NY-based personalities are nothing more than footstools for the powers that be on Wall Street.

Again, OSTK’s case against Rocker Partners and Gradient will proceed into discovery – their failed SLAPP defense was tossed by the court, as it should have been.

In more not-so-surprising breaking news, Herb has been on CNBC literally every hour on the hour claiming to be the victim of some conspiracy, and not a single “journalist” or “reporter” has examined why the SEC might be going after him. Not one.

Wild.

I just heard that they are running commercials for Herb to be on tomorrow, to talk more about OSTK. He is being provided unlimited face time to argue his case of victimization.

Where else do we commonly hear the refrain, “I’m a victim, man, I din’t do nuthin?”

C.O.P.S.

That is the number one line of the bad guys when they are pulled out of their cars after a high speed chase, or caught with a gun and a kilo of coke.

I obviously don’t know whether Cramer or Herb or Carol or Rocker or TSCM or Gradient have done anything wrong. But the refrain is troubling.

For the layman at home, I thought I would try to demystify the NY show business aspect of this, by offering a glimpse of some of the behind the scenes goings-on at the television networks, so that the layman can appreciate how much preparation goes into these appearances.

First, Herb, or whoever, goes into the “green room” at the station, to collect his thoughts and prepare for the show.





Next, the guest is taken into makeup, where their clothing is protected using CNBC's stylish new "Mad Money Overalls", and the magic of TV cosmetics are applied.





Finally, a coach, or sometimes even the host, works with the guest to go over general responses.





This isn’t as easy as it looks. A lot of time and effort goes into it. These are professionals, remember, and they have been at it for a long time.

And it is not for the faint of heart. So don’t try this at home…

Copyright ©2006 Bob O'Brien
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Comments (54) Add Comment
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Re: On The Media Feeding Frenzy to Claim Conspiracy, While Engaging in Cover-Up By Wonder Boy on 3/1/2006 5:53 PM
Cramer did say that or something similar but he was referring to his pick of a 'worst of breed' stock instead of his usual 'best of breed' choices and explaining why he was making the switch.

The funniest part, however, (and I just saw the first part of the show) was that he had just the head of a Cramer Doll attached to a lanyard that was around his neck! It looked hilarious! I would love to have 'just his head' to hang in my office, send to Ms. Thomsen at the SEC, send to HG with a note 'saying YOU'RE NEXT!, and some other fun things.

Great graphics!

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Re: On The Media Feeding Frenzy to Claim Conspiracy, While Engaging in Cover-Up By clearthinker on 3/1/2006 5:54 PM
We should start communicating with the sponsors of CNBC. Personally, I will boycott all of them after this insane display of one-sidedness by the so-called "reporters. They have behaved like a lynch mob and refused to discuss the issues. Why did the second in command at the SEC feel compelled to issue subpoenas? They are obviously going after Byrne because they want to confuse the public, and it will work to some extent...bit it is sick. Patrick had it right last Summer wwhen he referred to the "miscreants ball"...and every day we watch them dance on CNBC. They refuse to touch naked shorting (wonder why).....

so be it...the genie is out of the bottle


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By troydian on 3/1/2006 5:58 PM
keep up the great work!! think about what they would be doing to you ....if you were down...

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By majordanger on 3/1/2006 6:00 PM
"methinks ye doth protest too much"

I wonder what the body language experts would say about these two scurrying cockroaches on TV every hour?

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By rashomon on 3/1/2006 6:04 PM
you guys are right on this one, the coverage by the media in general and CNBC in particular is ridiculous. like carnival acts. all real issues just drowned in nonsense. such hypocricy too -- i hope this causes a backlash against this BS cnbc and street.com "journalism" geared to moving particular stocks (for someones benefit).

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By x. trapnell on 3/1/2006 6:07 PM
One exception on CNBC seems to be Street Signs. Erin Burnett (Ron Insana's sucessor?) chose to feature naked shorting as her main theme, and went out of her way to track down and feature Pat's recommended site of www.locatestock.com. That hour was a blessed island of sanity compared to the rest. Wishful thinking, perhaps, but I sense some frustrated CBNC journalists who are likely sick of Cramer and Greenberg and want a more professional network. Burnett went way up today in my estimation and Quick far down.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By TOTALKNOWLEDGE2006 on 3/1/2006 6:13 PM
I SAY WE RAISE MONEY TO HIRE SOME BODY LANGUAGE EXPERTS TO TELL US ABOUT HANK GREENSLIME AND JIM KRABCAKES ON TV OVER THE LAST FEW DAYS.. LETS DO IT FOR REAL BOB OBRIEN AND SEE WHAT THE EXPERTS TELL US ABOUT THE 2 DIRTBAGS.. IM SURE THEY WILL TELL US WHAT LIARS THESE 2 ARE. I AGREE "ONE DOTH PROTEST TOO MUCH".. ILL DONATE THE 1ST 100.00 BUCKS TO DO IT...

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Just Someone on 3/1/2006 6:18 PM
Rules? We don't need no stinkin' rules!

etailgifts.com

Courtesy of Chairman Cox

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Tina on 3/1/2006 6:23 PM
Just like the OJ trial. Go after the cop using the "n" word to deflect the real issue. Unfortunately, it worked.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By rtway1 on 3/1/2006 6:24 PM
I want to preface my statement by saying I am a proud shareholder of OSTK , not only because of the products or the service they provide, but because I see a man that is not only a class gentleman, but displays qualities that I beleive we are loosing daily. Plus he surrounds himself with people of the same makeup. This is entirely my idea to write this, so that some whack says anything different, it is a lie. Today somebody made a suggestion and I acted on it, as I hope more of you will. For all that Patrick and Bob and all the other great people have done, I felt the appropriate action to show my thanks and also help my company, was to go shopping on OSTK web site. The one thing the scum of this cabal want to see, is this business fail. I for one am not going to let it happen. I direct all my family and friends to Overstock for their needs, I hope others will do the same. Again, nobody other than I know I am writing this. Thanks to all of the people on this site also.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By majordanger on 3/1/2006 6:24 PM
We are all baudy language experts now.. god bless the internet

members.aol.com

I gotta go watch for jumping adam's apples on Cramer's show now



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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Just Someone on 3/1/2006 6:41 PM
This could be cool if if were thrown together with pieces of the pimpin' show.
wimp.com

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By browntrout on 3/1/2006 6:45 PM
So- How much TV time will CNBC allocate to these two slimebags and their friends before someone at the network puts a stop to it. This is non-stoppnig coverage for these turds to continually declare their innocence and trash Patrick and Overstock as the root of their problems and they all declare including Rocker and Gradient that this is some massive conspiracy against them now. HAHAHAHA! They are the ones now wearing the tin-foil hats instead of Patrick, Patch and Bunny. Looks like there are many more involved in this at the network because of the full court press they are all executing daily. I hear your first night in prison is the worst. Crying yourself to sleep, wetting your bed and than Bubba drops in.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By the fly on the wall on 3/1/2006 6:48 PM
Herb is going to discuss the OSTK lawsuit? That would be the one that is going forward. I didn't know that he was involved in it. Maybe he knows something we don't know.

It is not unusual for people to gather the wagons. When the honest guys figure out what is happening, they will be the harshest critics. It is pretty hard to cast off a stand-up guy that you have known and worked with and trust. First, people don't want to believe it and go into denial. The woman that interviewed Patrick must have some serious problems because she tried desperately to put him down. She wouldn't have needed to do that unless she has a vested interest in the outcome. It makes me think of three reasons that she would act that way. She may have an emotional attachment to one of the main players. She may actually know about the front-running and have some skeletons, or she is just incompetent and doesn't realize that she slit her own thoat this morning.

The OSTK and BVF lawsuits and the affidavits are enough to start people distancing themselves from the miscreants. If these guys want to survive, they are going to have to do some serious excising of cancers among themselves. Charlie Gasparino already has it figured out. He isn't going to get caught in any of this. The ones that are sticking to the script have a reason to stick to the script and they are in serious jeopardy. CNBC is going to be the laughing stock of the country. It already is.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By J on 3/1/2006 6:54 PM
... once again thank you to MS Paint for providing the EB with the tools necessary to deliver solid laughs!

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By hwh on 3/1/2006 7:01 PM
Remember: As I said before, they believe what they are saying on TV! There are people you meet every day who believe all is another person or "being's" fault. There are those that accept blame readily, those who prefer not to, and those who can not. We must UNDERSTAND the latter's mentality to remain objective and control our own emotions. Their ability to manipulate the emotions of the masses creates their strength & appeal. The courtroom, juries, & markets in general are all studies in mass psychology....hwh

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Admiral Ackbar on 3/1/2006 7:03 PM
Some of the journalists that have written about this aren't necessarily co-opted or conspirators, they are only being somewhat lazy by repeating the "byrne is insane, protect the 1st amendment" mantra, because thats what they read. For a journalist it is much easier just to regurgitate a story that they read that do any real digging or come up with an original thought(which can take some time and energy). Before yelling CONSPIRATOR!!! , maybe a polite email suggesting that they take a closer look before jumping to a conclusion.
Although it sounds like they declared all out war on Pat on CNBC( I dont know cause
i don't get cable) in which case all your comments above are justified.
I just think an honest journalist, most of which are very intelligent, would easily see and back our side if they did a little digging. However, many times honest people, myself included, jump to conclusions on stuff we heard and haven't really looked into ourselves. Its a huge timesaver, but very dangerous when people put out disinformation on purpose.
Having said that now, i do want to say, Kudlow is a CONSPIRATOR!

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By rtway1 on 3/1/2006 7:06 PM
That station is so seriously flawed technally it is a joke. Add to that a group of condecending, pompous, wannabe actors and actresses and you have a formula for failure. Nobody gives a rats as about what Becky thinks about any stock let alone Overstock, there is more time spent there trying to be cool rather than reporting, and I beleive that is their job. The one guy on there that seems to try is Charlie Gasparino. He and Cramer had a little a little verbal challenge one day when Cramer in one his displays of his manlyhood threw his chair and Charlie commented that if the thing weighed anything he wouldn,t look so manly. Cramer was pissed.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By rtway1 on 3/1/2006 7:11 PM
I never knew Herb looked so good in orange. He will be the bell of the ball.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By mhelburn on 3/1/2006 7:11 PM
When we have a bias, we tend to jump to conclusions. But we have been so sorely abused by our regulators and Wall Street, it is easy to be less than charitable with these lapdog journalists. They have not only abdicated their responsibility, they have gone to the other side and now are covering up their misdeeds and those of their co-conspirators. It is house cleaning time at CNBC and DJ.

m

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Wonder Boy on 3/1/2006 7:19 PM
Let's take a bit of a different look at some things.

Now think back for a while and try to remember your first thoughts when you heard the term 'naked shorting'. Conceptually you may have gotten a grasp of what it was, but I will bet that you did not thoroughly understand the flaws in Reg. SHO, what ex-clearing was, what an entitlement was, what a 'fail to deliver' was, blah, blah, blah. I'll also bet that when you attempted to explain it to a friend, you didn't do such a great job and that their eyes quickly got that empty/bored look in them.

We are just in the fledgling stages of getting the attention of the general public, much less having them understand what has been going on. They will tend to believe what they hear time and again, therefore, CNBC wants to control what those folks hear! You can speculate as well as I can, but I have a feeling that their hands are still a bit grimy from the days when Cramer was allegedly (gotta love THAT word!) trading in conjunction with Maria and Joe and Faber.

Let's now look at the physical demonstrations. Byrne speaks in a slow, moderated voice, and attempts to explain things although he must juggle many different topics thrown at him all at once. On the other hand, we have the 'heads' at CNBC, many of whose voices get elevated. Then we get to Cramer and Greenberg who just scream, wave their arms in the air, jump up and down, etc. Kudlow is just in a class of his own. It does seem that CNBC will distort, misdirect, and just simply pound the fact into viewers minds that 'shorting is GOOD for the market', 'it does no harm', blah, blah, blah. Sounds like the SEC!

For them to do so much talking is good. They must be worried.

Keep writing the letters, making the calls, and EXPLAINING the situation. It will be a fight, but we have a chance.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By cynabear on 3/1/2006 7:24 PM
HWH is pointing out the sociopathic personality types of the people we are up against, they do Believe in their own lies and that the end justifies their means and that life is a game and they can make up any rules they want to....i would assume all evidence that c an be shredded has been, all computers have been professionally cleaned and expensive wine is flowing as they are all congratulating themselves on how this too shall pass...

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Admiral Ackbar on 3/1/2006 7:25 PM
I totally agree mhelburn, and we all have a right to be stark raving mad at these criminals( especially considering the personal attacks you have gone through) But I don't believe every journalist that doesen't immediately side with Patrick is co-opted. Think of how pissed those journalists will be at their colleagues who are putting out the disinformation when they realize the truth. They WILL call those journalists flat out criminals when they realized they were played with bias and disinformation, and not let up untill they are taken to task for lying. And that is great press.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By dave on 3/1/2006 7:52 PM
For new readers, here are some names who are connected with the dark side.

Sith Lord: Master Manipulator (initials M.M.)
SAC: Steve Cohen
Rocker Partners: David Rocker, Marc Cohodes
RAM Partners: Jeff Mathews

Dow Jones
Marketwatch: Herb Greenberg
Wallstreet Journal: Jesse Eisenger
Forbes: Elizabeth Macdonald
DJ Wire: Carol Remond AKA Redmond
Barrons: Cheryl Strauss Einhorn

TheStreet.com, CNBC
Jim Cramer

NY Post
Roddy Boyd

NY Times
Joe Nocera

Business Week (now independent)
Gary Weiss

Blog
Mark Cuban

Regulatory
Elliot Spitzer
Senator Shelby


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Paladin on 3/1/2006 7:54 PM
How about some complaint letters to GE headquarters, CNBC's parent company, filling them in on how sorry the station is looking, etc.? Mention everything. Remind them of CBS and the Rather debacle and how it looks like CNBC is going to be raked over the coals. And include links to this site.

Naw.... on second thought, let 'em roast.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By x. trapnell on 3/1/2006 7:56 PM
Dave: for your list don't forget to include Bill Alpert of Barrons. Remember his rousing "defense" of Marc Cohodes against the supposed depredations of our very own EB?

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By dave on 3/1/2006 7:57 PM
These reporters constant denial of wrongdoing are going to give this issue more exposure than we could dream of.

At the first level, we want to get rid of corrupt reporters, research reports and manipulative hedge funds.

The real power is with the people who invest in the dirty hedge funds and who own the DTCC.

They will sacrifice the Cramers, Greenbergs, Cohen's and Rockers to keep the real story from exploding. The real story is that the central depository allowed more than one person to own each share they held. This is a massive breach of trust that they want to keep covered up.

This is a variation of cover up number 9, where they admit to some stock manipulation without admitting the settlement system is rotten to the core.

9. Come half-clean. This is also known as "confession and avoidance" or "taking the limited hang-out route." This way, you create the impression of candor and honesty while you admit only to relatively harmless, less-than-criminal "mistakes." This stratagem often requires the embrace of a fall-back position quite different from the one originally taken.


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By dave on 3/1/2006 7:58 PM
x-trapnell:

I'll add Bill for next time - I'm sure I missed others.


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By dave on 3/1/2006 8:04 PM
Standards for guests on CNBC:

moneycentral.msn.com

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Legal Eagle on 3/1/2006 8:11 PM
James Cramer, individually, didn't sell any shares of TSCM. All sales were by James J. and Karen L. Cramer Family Foundation. Get your facts straight next time Boob.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By dave on 3/1/2006 8:22 PM
Tell that to a jury of ordinary investors. They will see Cramer gives directions to the trustee and is beneficiary of the assets of the trust and won't be too concerned about technicalities re: ownership.

All they will see is that they were buying shares when his trust was selling based on material insider information and that trust money was spent on his lifestyle.

It's easy to lie with technicalities. "Bobby, did you take a cookie out of the cookie jar?"

"No mom."

(Hee, hee, I didn't take "a" cookie. I took two cookies!)

It's still lying and only someone without a moral compass would fail to see that.



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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By rtway1 on 3/1/2006 8:36 PM
Don,t let your lyin eyes fool you brother. Does that phrase bring back memories. You people have been living in the land of lies for so long, that reality has no place in your lives.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By taseraire on 3/1/2006 9:10 PM
Legal Eagle,

Unfortuneately, Jim's own SEC Form 4 filings disagree with you. The name on the on the forms is his alone. You have to be pretty exact in filling out those forms. Most of them in Feb are only in JJC's name

form4oracle.com

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By taseraire on 3/1/2006 9:14 PM
Note comments 2 and 3 on this form 4. This is an options exercise of options that don't expire for another year (so no excuse there). The notes are explicit that while there were 100K shares sold for the trust, these ain't them.

sec.gov

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By rtway1 on 3/1/2006 9:36 PM
I find this blog site funnier than my local daily comic section, I am getting addicted to waking up looking for more early morning humor, keep up the graphics they are priceless. I hope you got my E-mail from the TSCM earlier, I know your busy, hope I am not overloading. Some pretty funny stuff in there about the temprament of little Napoleon.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By bobo on 3/1/2006 9:41 PM
I have been getting, on average, 4 to 5 emails per minute for 10 hours per day.

Thank goodness for gmail.

Don't take it personally if I can't respond to all of them.

I too enjoy the cartoons - they make it more human. But they take a little time to do with a mouse, and I have to be in the mood. I have 4 other projects right now that are sitting ignored, so you can expect a bit more of a slowdown over the next week - maybe only one of mine every other day.

Between Dr. Decosta, and Dave Patch, and Mark Faulk, and Bud, and Alan Newman, and our other contributors, we have more info than we can handle. We are blessed in having an abundance of talent and vision here. What an amazingg 2 months it has been. Not even two. Wow.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Legal Eagle on 3/1/2006 9:47 PM
Taseraire, I suggest you take another look at the Form 4s. Yes JJC name is on it because he controls the Foundation. BUT, these were not personal shares. Secondly, receiving an SEC subpoena for documents IS NOT the same as being the subject of a formal SEC investigation. Being asked to produce documents in an investigation in which you are not the subject, is not a matter which requires immediate disclosure. No laws have been broken here, and nothing will come of the sale of TSCM shares.

sec.gov

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By taseraire on 3/1/2006 9:54 PM
Legal,
Like I said, on the last form 4 I directly posted, Notes 2 and 3 are clear that those options exercises are not part of the 100K shares that were sold for the foundation.

But don't let being told twice to read the fine print get in the way of your spin.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Herd Greenturdht on 3/1/2006 10:07 PM
Herd Greentudht's Frontrunning Check Newsletter here! Taking nominations for worst front runner of the year in my next column. Who's going to win? Subscribe to my newsletter, if you do and need some help in return, I'm open for business baby!

Meanwhile, back at the FUD Ranch, subpoenas and SEC talk flying around Gradschool Analytics, Rocked Pardners, Doubt Jones, and JJ Kreamer...calls to these emotional nutcases were not returned. What else are they hiding?

I call them like I see 'em. Or how my paying subscribers see 'em.

Cheers!
Herd.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By clearthinker on 3/1/2006 10:23 PM
Legal Eagle - please comment on Jim Cramer being served Feb 7...then selling large blocks of TSCM..and THEN telling the public he received the sub......

If I were a shareholder of TSCM...I'd be throwing more than chairs

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By bobo on 3/1/2006 10:35 PM
Legal: Whether or not this is a trust/foundation issue is largely irrelevant to the central question of whether this hints at impropriety. I am open to correcting my statements if there is definitive proof that they are wrong - I am bound to get some wrong, being only human, and don't wish to mislead my readers. Post a link or send me an email at ncans.mgr@gmail.com and you will find me most responsive.

Contrast that to Reuters still having the wrong URL even after countless emails demanding correction from a variety of sources - 14 hours later. Apparently a humble bunny blogger surpases the standards of the NY press 100% of the time, at present.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By whosyouruncle on 3/1/2006 11:12 PM
Two weeks ago, who could have envisaged all the airtime hours CNBC is devoting to insulate Cramer and Greenberg from their involvement in an alleged hedge fund - research - reporter stock manipulation cabal, the repercussions from which threaten an ever-widening blotch on their and CNBC's escutcheons? Or their increasing mention of "naked shorting", even if blurred with legal short selling? Also. the number of non-Wall Street and west-of-the Hudson river articles and blogs that see through the charade?

In fact, the speed and momentum of this emerging publicity could not have been bought, and we should all be thankful that CNBC's legal advisers think this is money well spent. At some point CNBC will have to distance itself from Cramer and Greenberg. Am I correct in seeming to notice larger and more extensive disclaimers about Cramer's selections and comments being his own, and not CNBC's, even in spots other than Mad Money?



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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By INTheKnow on 3/2/2006 12:51 AM
To the staff at CNBC:

CNBC and other reporters still, after being told by Patrick Bryne countless times that he is not, and has no qualms with short sellers , don't get it!

This is not about short selling this about "NAKED SHORT SELLING", counterfeiting stock, duping the public by selling them the Brooklyn Bridge.

Are CNBC reporters BRAIN DEAD! They certainly act and report that way. Either they have to be the dumbest collection of reporters or the have the heads in the sand!

Wake up reporters! This is about "NAKED SHORTING", i.e selling stock you never borrow and never have any intention of borrowing or deliverying and which the buyer has the gotten NOTHING! (THE BROOKLYN BRIDGE). GET IT YOU IDIOTS?

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By mfairview on 3/2/2006 2:48 AM
Bob, for contrast, you should put Martha Stewarts numbers next to the TSCM's Execs.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By settle the trades on 3/2/2006 3:04 AM

Interesting Article

What are the writers really writing?

lxer.com


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By ZZZZZZZZZZZZZZZZ on 3/2/2006 5:00 AM
The subject matter was extremely technical, and near the end of the argument
High Court Tackles Political Boundry Case

Justice Ruth Bader Ginsburg dozed in her chair. Justices David Souter and Samuel Alito, who flank the 72-year-old, looked at her but did not give her a nudge.

news.yahoo.com


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Niel Storts on 3/2/2006 5:40 AM
So. The thing for all of us to do right now is get in touch with the sec and file a complaint about the blatant insisder trading.

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locate stock dot com website By long_ostk on 3/2/2006 5:42 AM
Anyone know why Dr. Byrne was promoting this website? The founder of that company was on CNBC later in the day touting that if someone wanted to short OSTK that his company could find shares available for sale.

I dont get why Partrick would promote someone that is helping people short his stock? Anyone have any ideas?

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Patchie on 3/2/2006 5:45 AM
Legal,

1. Exercising Options by selling the shares is a sale. Executives receive a large percentage of their salaries in Stock Options. Cramer took cheap stock and sold it and did so at a very opportune time.
2. The stock in those Trusts were originally shares he held and transferred over. While he personally may not have received the cash, his family members did by selling shares of stock he once owned and shares he was managing for these trusts.

If you go to my Blog the Goldstein memo clearly states that Cramer never sold shares Directly or Indirectly. The Trusts are the Indirect and this now shows he did.

BTW..Did you notice how several exec's exercised their options on the same day the Company put out a press Release on a Dividend?

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By dave on 3/2/2006 5:49 AM
"asked to produce documents in an investigation in which you are not the subject,"

Legal Eagle, do you know that Cramer is not a subject of the investigation? Is that public info. somewhere or have you seen the subpoena?


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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By taseraire on 3/2/2006 5:50 AM
patch,
legal's just pointing out the fact that as of the letter date from Cramer's "I'm calling my mommy" laywer is dated before the first sale.

That doesn't make what happened at TSCM with Cramer and their whole staff dumping shares after the "buyout rumor", probably started by the same people started the "Taser is stuffing the channel" rumor that got the SEC on their unoffiical back for most of last year for no reason except a hedge fund manager making a profit on lies.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By leonofus on 3/2/2006 5:54 AM
come on now, He is very charitable. He's got to scam a little on the side. You people are grasping at straws. JC is a great American, and if you could ask him, he'd tell you.

These cretins will start selling each other down the river like the criminals in a 1940's film noir B movie.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By Patchie on 3/2/2006 6:06 AM
Legal,

The difference between an "informal" investigation and a "formal investigation" is subpoenas. In the case of TASER, the investigation was "informal" for 9 months where subpoenas were not necessary and TASER complied with requests. Sometime in September it went formal and subpoenas were probably served.

The investigation into Gradient was informal and maybe based on the subpoenas it went formal.

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Re: On The Media Feeding Frenzy to Tout Conspiracy Theories, While Engaging In A Cover-Up By hemingway811 on 3/2/2006 6:34 AM
Bobo,

You wrote ".....where a judge ruled that the OSTK suit would move forward, and discovery would be granted." Do you have confirmation that discovery will proceed, despite an appeal being filed? I ask because someone posted a recent Ca. Supreme Court decision suggesting otherwise.

casp.net

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Doggerel


This section has been added for all the bright young men and women who can do no better than to clog the thread, insult, hurl feces, snarl, gnash their teeth, etc.

I object to censorship, which the likes of Gary Weiss and Jeff Mathews seem to revel in, thus instead of censoring, I will commit the "important work" of these brave few to the new Doggerel Section of the Forums, so that everyone can get an up close and personal look at what passes for intelligence and debate in their corner of the world. Thus, in the spirit of allowing the cloggers and foul mouths to have their arena, this new section of the Forums area has been created, wherein all the heaviest of the human waste can sink to the bottom at their own speed and under their own power - look for Doggerel under General Discussion.

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We have a winner!!! Our first spectacularly poorly written and reasoned entry, from the ever venomous Cupandsaucer, who spends much time on the Yahoo boards touting the questionable wit and wisdom of Gary Weiss - almost vocational in his dedication, one could say. Read his first contribution to doggerel - it is very typical of the breed. I removed the link to the blog he is touting, otherwise it is all there, with my comments added for a little seasoning. Thanks, cupandsaucer - you're a real gem.

All further clogging will be relegated to the Doggerel Forum - remember, if you are incapable of polite discourse or on-point debate, you have a home. A HASMAT suit is advisable for readers - the smell is something else...










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