When the Securities & Exchange Commission settled securities-fraud charges against Richard Harriton, former chairman of the clearing subsidiary of Bear, Stearns & Co., there were smiles all around. The SEC was happy. Harriton was happy. Bear Stearns was happy. Gary Weiss bearchairmancharge share on social
With 'posts' running in the millions, Internet message boards have become an essential part of the savvy investor's arsenal. Gary Weiss arsenalboardessential Change image and share on social
For the Amex, which has been casting around for a role for itself, microcaps fill a crucial void - a 'niche' that Amex officials feel has been neglected. Gary Weiss amexcastcrucial Change image and share on social
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders. Gary Weiss americanbusinesscard share on social
MF Global used to be known as Man Financial, and it had a reasonably good reputation. It did a humdrum business placing commodities trades for fund managers as well as farmers, grain dealers and others whose livelihoods depend on the vagaries of commodity prices. Gary Weiss businesscommoditydealer share on social
In the U.S., diversity is a politically correct slogan. In India, it is a historical fact. Much as we in the West may resent it, India has a lot to teach us when it comes to religious tolerance. Gary Weiss correctdiversityfact Change image and share on social
India may be the only country in the world that has been free of anti-Semitic prejudice throughout its history. Gary Weiss anticountryfree Change image and share on social
The problem with the focus on speculators, as was demonstrated during the financial crisis, is that it tends to divert attention from the real villains. During the financial crisis, the villains were the actions of the banks, not the speculators betting on bank share prices. Gary Weiss actionattentionbank share on social
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. Gary Weiss commissionconspiracyexchange share on social
I've met Dick Syron. I like the guy. He's a man's man kind of character, a real charmer, the kind of guy you'd want to have a beer with, as well as being an economist of considerable repute. Gary Weiss beercharactercharmer Change image and share on social
