They left this out of the reader's digest version.
1) The SEC had grown inappropriately close to Wall Street (which SEC Senior Investigator Gary Aguirre and a Senate Judiciary Committee report have since confirmed);
2) The New York state Attorney General Eliot Spitzer was a corrupt finger-puppet (subsequent events have confirmed
the corruption, and I am waiting for anyone in the press to see the
“finger-puppet” implication of Spitzer’s favorite girl, Ashlee, living
rent-free in the summer home of Spitzer’s biggest donor, Jim Chanos);
3) Certain hedge funds had grown inappropriately close to certain
journalists of the financial press (which CNBC’s own Jim Cramer has since confirmed);
4) As a result of the indolence of the SEC, New York Attorney
General, and financial press, a circle of hedge funds were taking down
companies through:
Do I detect a note of panic in the way these choagies' post? Perhaps that
Dan Loeb thing hit a nerve. Maybe they are wondering how much more is going to come from the pens of Judd Bagley and Mark Mitchell, Deep Capture's Investigative Reporters.
Answer: more and better than you can imagine.
Never get in a public fight with someone who buys ink by the barrel. - Mark Twain
Someone who buys ink by the barrel should not get in public fights with a guy who buys bandwidth by the gigabyte. - Patrick Byrne
PS Still hoping for entrants and votes in the widget at the bottom of Mark's piece.
