fxtrader07

Evaluating a Negative View on American Capital Strategies

thanks, great article.
it is no coincidence that this wannabe financial journalist Yulico mentioned the Einhorn short position. Einhorn is Cramer's buddy and thestreetcom is frequently assisting Cramers hedgefund buddies (Rocker, Ackman, Einhorn, Tilson...)
There is a clear pattern that has emerged over the years. few people have noticed because almost nobody really analyzed it. To cite Mark Mitchell, who has written one of the most outstanding truly journalistic and investigatiovbe articles ever published on the www: (source: www.deepcapture.com)

"It is that close associates of Herb [Greenberg] and Cramer have seized control of a vast swath of the American financial media. Indeed, if you have seen a negative story about a public company in recent years, the odds are greater than even that it was written by a friend-of-Cramer.
...
Many of Cramer’s friends are former employees of TheStreet.com.... They have included the editor and top columnists for The Wall Street Journal “Money & Investing” section, top business writers for The New York Times, reporters at Fortune magazine and BusinessWeek, the editor of The New York Post business page, the editor of MSN Money, and others. Herb, a CNBC commentator and a star columnist for MarketWatch.com, was among the founding editors of TheStreet.com - “Murderers Row,” they called themselves.
....
I have analyzed well over a thousand stories written by this clique of journalists. The vast majority of them were sourced from a small group of short-sellers who are also friends of Cramer. Other popular sources for this group of journalists include convicted felons, mobsters, dubious private investigators, crooked lawyers, hired stock bashers, and gun-toting goons - most of whom are tied to the Cramer constellation of short-sellers.Some of the stories written by these reporters are accurate enough. But many are not. The journalists misconstrue data with seemingly purposeful intent. They exaggerate and obfuscate. "