Results tagged “Info War” from Dealbreaker

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Rumor And Consequences: Lessons From A Wall Street Guy's Ex-Marital Affair?

If you were wondering what was going on this morning when you read the New York Times wonderboy Andrew Ross Sorkin's column on Steven Rattner, who slept with some guy's wife and was forced to quit his job as a...

The Rumor Monger Witch Hunt Has Begun

Let's see if we have this right. It seems the SEC is investigating the market manipulating stories in Reuters and the New York Times about Fannie and Freddie. Oh, no. That's totally wrong. Actually, the SEC is investigating the rumors...

The Scare At Lehman: Like A Dress Rehearsal For A Run On The Bank

Today's scare at Lehman Brothers showed us all what a bank-run would look like. The stock plunged 22% while credit default swaps blew out to deathwatch levels. The basis of the scare were a pair of rumors that started circulating...

Defending The Rumor Mongers

In case you missed yesterday's rumble in the deal jungle, New York Magazine's Daily Intel has a nice recap of the Information War between DealBreaker and DealBook. "It's like watching one of those movies where the jock taunts the nerd...

Hedge Funds Fled Bear Stearns Before The Rumors Hit

We're a bit of a one-trick pony around here today, fighting the good fight against all those nasty speculating reporters and bankers claiming rumors are having damaging effects on the market. But it's getting late in the day. Bank of...

Info War: The Wonderboy Strikes Back!

Andrew Ross Sorkin takes a break from buying drinks for media moguls at their fancy convention in Sun Valley (our invitation presumably got lost in the mail) to comment on recent criticism of his column an the "proliferation of rumor-mongering...

Info War: Turning The Regulators Back Against The Hedge Funds

If your memory stretches past last summer, you might recall that before the current debacle settled on Wall Street there was a lot of sound and fury raised about hedge funds. The rise of hedge funds was said to create...

The Information War: The Deal Editor Versus New York Times Wonder Boy

Andrew Ross Sorkin's call for a regulatory crack down on those spreading rumors was probably a big hit in the corner offices of Wall Street firms. But it's getting a much frostier reception from some of his fellow scribes. Earlier...

Rumor Mongering About the Short Selling Conspiracy

Sorkin is on Team Jamie. In his weekly column in the Times business section, Andrew Ross Sorkin sounds the alarm against the rumor-mongers attacked by JP Morgan Chase chief executive Jamie Dimon last night. But it's not just spreading rumors...