Gary Weiss
Gary Weiss
Gary Weiss is an American investigative journalist, columnist and author of two books that critically examine the ethics and morality of Wall Street. He was also a contributing editor for Condé Nast Portfolio. His Business Week articles exposed organized crime on Wall Street and the Salomon Brothers bond trading scandal in the 1990s, and more recently he has covered the 2008 financial crisis and its aftermath. Weiss is co-founder of The Mideast Reporter...
NationalityAmerican
ProfessionJournalist
CountryUnited States of America
former gingrich house newt speaker wall
Newt Gingrich is a boastful kind of guy. But when it comes to Wall Street, the former House speaker is surprisingly modest.
collection consumers entitled people
People are told their rights when they're arrested. Consumers getting collection letters are entitled to the same courtesy.
borrowed buying declines far hope lower shares shorts
Shorts wager on price declines by selling shares that they have borrowed in the hope of buying them back at far lower prices.
bucks fund managers
Some hedge fund managers have made big bucks trading oil futures - George Soros is one.
history
The Amex has a long, often troubled, sometimes glorious history.
boards essential running savvy
With 'posts' running in the millions, Internet message boards have become an essential part of the savvy investor's arsenal.
bucks cause devoted enormous oil trading
With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated.
execute gain notion pick road selling short step stocks trades
All too often, the pitchmen are selling the notion that if you gain 'control' over your financial destiny - pick your own stocks and execute your own trades - it will be the first step on a short road to riches.
best boards mindless outright provide stock subject
At their worst, message boards can subject you to mindless braying or outright stock scams. But at their best, they provide meaty insights on just about every stock imaginable.
espn exchange floor investors maria sports status stock york
Broadcasts from the floor of the New York Stock Exchange have propelled once-obscure financial journalists such as Maria Bartiromo to celebrity status and made CNBC to investors what ESPN is to sports fans.
commission exchange feed large longtime positions public reported securities theories
Conspiracy theories feed on opacity, and that's a longtime problem with short selling. Large long positions must be reported to the Securities and Exchange Commission in public filings, but not large short positions.
applicable collection collectors consumer disclose illegal required sue
Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one.
casual headache investors knows pages perennial prone reader stock
Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators.
campaign chairs estate finance funding randy republican securities sources texas top
For Randy Neugebauer, the Texas Republican who chairs the investigations subcommittee, the top sources of funding for his 2012 reelection campaign are from the insurance, banking, finance, securities and real estate industries.