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Today marks the 301st day that IndyMac has appeared on the Regulation SHO list of threshold securities.
There are a few journalists whom we have not yet mentioned.
A few days later, Patrick gives his Miscreants Ball presentation. Immediately afterwards, he appears on a CNBC program hosted by Ron Insana, who was the producer of the Dateline program.
FinancialWire speculated that the Depository Trust and Clearing Corporation might have quashed the Dateline story, and Gayle had good reason for his suspicions.
Around this time, Rocker sells his shares in TheStreet.com. A month later Cramer sells a bunch of his own shares. Then it is announced that the SEC is investigating Gradient, and has issued subpoenas to Herb, Cramer, Carol Remond, and TheStreet.com.
It is said that Bethany McLean has a system with gentlemen of a certain age. She has Midwestern looks, but a voice like red velvet –.and she stops at nothing for a peak behind the kimono.
Bethany McLean is one of America's most respected financial journalists. She is famous for being the first reporter to raise concerns about Enron, the energy company that later proved to have orchestrated a large accounting fraud.
While officials are closing in on Badian, the people who control the financial media (i.e., the friends-of-Cramer) are hunting down the Easter Bunny.
But back in the summer of 2004, Patrick Byrne doesn't know Judd Bagley or Gary Weiss, he hasn't yet been contacted by the Easter Bunny, and he certainly doesn't know anything about a coordinated effort to pollute America's public discourse.
For further insight into the character and tactics of Gary Weiss, consider the story of how Gary plotted to destroy a fellow journalist named Ian Williams, a reporter for The Nation who was president of the United Nations Correspondents Association (UNCA).
Gary Weiss is a journalist best known for penning the 1996 BusinessWeek cover story, "The Mob on Wall Street," which documented Mafia involvement in stock brokerages, including Hanover Sterling, run by the Genovese clan.
What?… "Ehhhhhhhh." Roddy Boyd, The New York Post, has just had an idea.
I want to make this as clear as possible to those that are interested in stories like this one. I cannot find another financial crime in US history that is on parity with this one.
Cramer has a shtick whereby he brags about the crimes that he has committed, perhaps so that he can later claim that his openness suggests a certain innocence.
In mid-April, 2004, millions of shares of Overstock.com have been sold and never delivered - phantom stock. FOIA data later proves this. But in April 2004, Patrick doesn't yet know Dave Patch or the Easter Bunny. He doesn't know anything about phantom stock.
Nobody in the media seems bothered by this. To the contrary, the Media Mob rises to Cramer and Herb's defense.
February 27, 2006… Herb Greenberg is leaning forward on his stool. His arms are flapping and his eyes are popping. His face has gone hot-purple, stark against the red-blue television glow.
Preface - by Patrick M. Byrne, Deep Capture Reporter
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