“It would be one thing if I were trading stocks or options (I don’t own any or short any — never have since I started writing this column for the San Francisco Chronicle in 1988); or if I was getting paid by someone involved in these stocks (I’m not); or if I was coordinating the publication of my stories with sources (not doing that either).”
Greenberg and Marketwatch’s parent, Dow Jones, have objected to the subpoeanas. He later writes, “If my unpublished communications aren’t safe from government eyes, then the tools of every business reporter in this country become fair game for any company that doesn’t like scrutiny and chooses to play the ‘conspiracy’ card. If that happens, sorry to say — dear readers — you will be on your own when it comes to policing public companies.”
Former BusinessWeek reporter Gary Weiss calls the whole naked short selling issue — and Greenberg’s subpoena — pure “hysteria� on his blog. Weiss writes: “An innocent guy who used to be a paper-pusher on Wall Street gets grilled over a non-scandal, and a tough reporter who is the bane of cruddy companies gets an SEC subpoena. If that isn’t hysteria, I don’t know what is.�
Read Greenberg’s column here.
Bloomberg Industry Group has hired Mackenzie Mays as an investigative reporter. Mays currently covers state government and…
The Wall Street Journal is seeking a senior video journalist to join its Features video…
PCWorld executive editor Gordon Mah Ung, a tireless journalist we once described as a founding father…
CNBC senior vice president Dan Colarusso sent out the following on Monday: Before this year comes to…
Business Insider editor in chief Jamie Heller sent out the following on Monday: I'm excited to share…
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
View Comments