Quotes by: Gary Weiss

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Gary Weiss
Born United States
Occupation Investigative journalist, columnist, author, writer

Newt Gingrich is a boastful kind of guy. But when it comes to Wall Street, the former House speaker is surprisingly modest.
Gary Weiss
For Randy Neugebauer, the Texas Republican who chairs the investigations subcommittee, the top sources of funding for his 2012 reelection campaign are from the insurance, banking, finance, securities and real estate industries.
Gary Weiss
George Soros is one of the few characters from the world of finance who deserves to be called larger-than-life.
Gary Weiss
Some hedge fund managers have made big bucks trading oil futures - George Soros is one.
Gary Weiss
Legitimate institutions historically have been defenseless in the face of outright fraud.
Gary Weiss
Shorts wager on price declines by selling shares that they have borrowed in the hope of buying them back at far lower prices.
Gary Weiss
I'm not an ultra-libertarian who thinks there shouldn't be insider-trading laws at all.
Gary Weiss
With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated.
Gary Weiss
In the struggle against sexual discrimination on Wall Street, Pamela K. Martens is a latter-day Rosa Parks - a woman who, metaphorically speaking, refused to sit in the back of the bus.
Gary Weiss
No other facet of American business is more corrupt, more intoxicated with illegality, more weakly regulated, and has a greater impact on poor and working people than debt collectors; not credit card companies or subprime mortgages, not even payday lenders.
Gary Weiss
Numerous academic studies have shown that amateur investors make poor traders - buying stocks for the wrong reasons, holding losers for too long, and acting on whims and emotions.
Gary Weiss
Even a casual reader of the financial pages knows that microcaps are a perennial headache for regulators and, above all, for investors because they have been prone to abuse by stock manipulators.
Gary Weiss
When Corporate America finds a Jayson Blair in its midst, the standard operating procedure is to circle the wagons and deny that any form of liability extends up the chain of command.
Gary Weiss
Ordinarily, the feds piggyback on the S.E.C. in complicated financial cases, but history proves that breath-holding on that score is a dangerous endeavor.
Gary Weiss
One problem with the focus on speculation is that it tends to promote the growth of the great intellectual cancer of our times: conspiracy theories.
Gary Weiss
Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one.
Gary Weiss
There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?
Gary Weiss
Excessive hype, bankruptcy, cash burning like autumn leaves - such is the stuff of short-selling.
Gary Weiss
With 'posts' running in the millions, Internet message boards have become an essential part of the savvy investor's arsenal.
Gary Weiss
If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all.
Gary Weiss
MF Global used to be known as Man Financial, and it had a reasonably good reputation. It did a humdrum business placing commodities trades for fund managers as well as farmers, grain dealers and others whose livelihoods depend on the vagaries of commodity prices.
Gary Weiss
At their worst, message boards can subject you to mindless braying or outright stock scams. But at their best, they provide meaty insights on just about every stock imaginable.
Gary Weiss
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