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The Fed bails out Wall Street again

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Howey
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« on: March 27, 2011, 07:24:36 pm »

C'mon Nutty and Chuck!

Don't you guys investigate anything???

Funny thing is Mike used to always criticize blogs as sources. What about blogs written by an pseudonym of a guy who'd been fired from Wall Street for inside trading?

Sheesh! Sour grapes, much?


Quote
A 30-year-old New Yorker who was barred from the securities industry last year may be behind an increasingly popular financial blog known as Zerohedge.com, which is catching flack for its obsession with anonymity.

Daniel Ivandjiiski, whose most recently listed address is on the Upper East Side, was barred last September by the financial industry's self regulatory authority, FINRA, for insider trading.

Ivandjiiski is also suspected of being one of the founders of controversial financial blog Zerohedge.com, sources tell The Post.

Ivandjiiski didn't return requests for comment, but he recently told industry publication Hedge Fund Alert that while he writes for Zerohedge, he's not a founder.


A manifesto on the Web site suggests Zerohedge contributors are seeking to avoid the backlash their comments could unleash, saying anonymity protects "unpopular individuals from retaliation -- and their ideas from suppression -- at the hand of an intolerant society."

But its anonymity has also been a bit of a lightening rod, causing one commentator on CNBC to recently blast Zerohedge as residing in the "dark and cowardly corners of the blogosphere."

« Last Edit: March 27, 2011, 07:34:13 pm by Howey » Report Spam   Logged


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