Article: Here’s What We Know Right Now About Matt Gaetz’s Indicted Tax Collector Friend Joel Greenberg

Article - Media, Publications

Here’s What We Know Right Now About Matt Gaetz’s Indicted Tax Collector Friend Joel Greenberg

AARON KELLER, 07 April 2021

A former Florida tax collector and close associate of Rep. Matt Gaetz (R-Fla.) is facing a 45-page federal indictment alleging wire fraud, sex trafficking, and a litany of other offenses connected to the alleged abuse of his office and other crimes. That former tax collector, Joel Greenberg, is suspected of being a possible cooperating witness against Gaetz, Politico and others have recently reported, as Gaetz faces a reported inquiry into his own sexual behavior. Continue reading “Article: Here’s What We Know Right Now About Matt Gaetz’s Indicted Tax Collector Friend Joel Greenberg”

Article: Matt Gaetz investigation: Feds examining whether congressman used cash, drugs in soliciting young women

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Matt Gaetz investigation: Feds examining whether congressman used cash, drugs in soliciting young women

Evan Perez, David Shortell, Paula Reid and Pamela Brown, 2 April 2021

WASHINGTON — Federal investigators looking into Rep. Matt Gaetz’s relationships with young women have examined whether any federal campaign money was involved in paying for travel and expenses for the women, a person briefed on the matter said.

Investigators are examining whether the Florida Republican engaged in a relationship with a woman that began when she was 17 years old and whether his involvement with other young women broke federal sex trafficking and prostitution laws, according to that source and another person briefed on the matter. Continue reading “Article: Matt Gaetz investigation: Feds examining whether congressman used cash, drugs in soliciting young women”

Journalist: Herb Greenberg

Journalist, People

Herb Greenberg (born June 8, 1952 in Miami, Florida) is an American journalist. In November 2014 he started a new investment research firm called GVB Research, which was subsequently renamed Pacific Square Research. He had rejoined TheStreet on August 16, 2013 as a commentator and editor of Herb Greenberg’s Reality Check newsletter. He also continues as a contributor for CNBC, where Greenberg had been senior market commentator since June 2010..

Prior to joining CNBC, Greenberg left journalism to start a stock research firm with Debbie Meritz, an analyst and accountant. The firm, Greenberg Meritz Research & Analytics, was subscription-only and was targeted to institutional investors, investment banks and accounting firms. Continue reading “Journalist: Herb Greenberg”

Web: Our Financial Oligarchy; Emperors of a Brave New World

Web

Our Financial Oligarchy; Emperors of a Brave New World

They own the regulators; they own the brokerage houses; they own the clearing houses; they own all of your investments; and it’s even been shown that they can exert complete control over the government.

To understand how these banks exert complete control over our financial system, one must first understand the securities clearance system.

In the United States of America, there is only one central clearinghouse: The Depository Trust and Clearing Corporation, and for almost 50 years they have maintained a virtual monopoly over this essential service.

It is a private corporation that is owned by these mega-banks and brokers.

Read full free book online with many illustrations

PDF (470 Pages): Our Financial Oligarchy Back-Up

Article: Morgan Stanley Challenges “ETF Collapse” Theory

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Morgan Stanley Challenges “ETF Collapse” Theory

ETF, 24 September 2010

Matt Tagliani, head of European and Asian ETF product at Morgan Stanley in London, has challenged the theory of an ETF collapse caused by the lending and short sale of ETFs.

The theory, promulgated by Bogan Associates, LLC in a 15 September white paper entitled “Can an ETF Collapse?” was publicised in a subsequent FT Alphaville blog and then featured as the topic of a CNBC strategy session on Wednesday this week.

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Article: How Wall Street Is Using the Bailout to Stage a Revolution

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How Wall Street Is Using the Bailout to Stage a Revolution

Matt Taibbi

Rolling Stone, 2 April 2009

It’s over – we’re officially, royally fucked. no empire can survive being rendered a permanent laughingstock, which is what happened as of a few weeks ago, when the buffoons who have been running things in this country finally went one step too far. It happened when Treasury Secretary Timothy Geithner was forced to admit that he was once again going to have to stuff billions of taxpayer dollars into a dying insurance giant called AIG, itself a profound symbol of our national decline – a corporation that got rich insuring the concrete and steel of American industry in the country’s heyday, only to destroy itself chasing phantom fortunes at the Wall Street card tables, like a dissolute nobleman gambling away the family estate in the waning days of the British Empire.

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Article: Naked Short Selling — Illegal but Hard to Prove

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Naked Short Selling — Illegal but Hard to Prove

Gregg Greenberg, The Street, 16 July 2008

NEW YORK (TheStreet) — The Securities and Exchange Commission Chairman Christopher Cox on Tuesday said the regulator planned to crack down on naked short-selling of Fannie Mae (FNM) and Freddie Mac. Cox said in a testimony to the Senate Banking Committee on Tuesday that the agency will require short-sellers to borrow shares of the two government-sponsored mortgage giants and broker dealers including Lehman Brothers (LEH) , Goldman Sachs (GS) – Get Report, Merrill Lynch (MER) and Morgan Stanley (MS) – Get Report before selling them. The new restrictions are called for under a temporary emergency order that expires in 30 days.

For a refresher on why this is a big deal, here you go.

The traditional method for making money in the stock market is to “buy low and sell high.” But there is another way to profit called “shorting,” where the trick is to “sell high and buy low.” There are strict rules when it comes to shorting stocks, however. One way they are broken is via naked shorting.

Continue reading “Article: Naked Short Selling — Illegal but Hard to Prove”

Article: Short-Sellers Are Burned by Novastar

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Short-Sellers Are Burned by Novastar

Roddy Boyd

New York Post, 16 April 2006

One Midwestern financial company, long a target of short-sellers, has deployed an infrequently used tactic to inflict pain on its naysayers: Its management has put in place a strategy that consistently makes money.

The stock of Novastar Financial, a Kansas City, Mo.-based home-equity real estate investment trust, has been a battleground between long-term holders in love with its juicy dividends and short-sellers who suspect that the company has massive default risk with those loans.

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Article: Corporate reform dead; SEC chief should resign

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Corporate reform dead; SEC chief should resign

Loren Steffy

Houston Chronicle, 1 March 2006

Corporate governance reform is dead. Its last gasp was stifled by the subpoenas issued last month by the Securities and Exchange Commission against several news organizations and writers.

Last week, Marketwatch .com columnist Herb Greenberg and Dow Jones Newswires columnist Carol Remond acknowledged receiving the subpoenas, which involved stories about Internet retailer Overstock .com.

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