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Mick Weinstein
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Mick was editor-in-chief and VP of Content at Seeking Alpha from November 2005 to April 2010. He's now the head of content at Covestor. Contact him by emailing mbweinstein (at) gmail.com or follow him on Twitter (http://twitter.com/mickwe) or on his Tumblog (mickw.com).
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  • Oil price manipulation 1 comment
    Nov 17, 2009 7:14 AM | about stocks: ICE
    Our most popular article for the last few days has been Phil Davis' spirited critique of what he understands as a global oil scam - bankers working together to drive up the price of crude via dark pool trading on the commodities market.

    InterContinentalExchange (ICE), a focus of Phil's critique, contacted us to dispute the article. As always, we want to correct any factual errors that may exist in the article, but we haven't heard any such claims yet from ICE. ICE preferred not to work through our standard process for disputing an article (we handle 5-10 such disputes per week). Instead, ICE and Phil are going to have a call today and see if they can work out their differences of fact, if not differences of opinion. If they can't, I hope to have either an official dispute from ICE, or an article from ICE that counters Phil's - or both.

    Update: See the Editor's note at the end of Phil's article.
    Themes: energy, oil Stocks: ICE
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    Will be interesting to see if they can get around the standard dispute process and work something out between them. May set up a precedent for these sorts of disputes going forward which would be a great step forward imho.
    17 Nov 2009, 07:20 AM Reply Like
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