Recent Blog Posts
-
The Times' Rorshach Geithner Story
Apr 27 20099:04am EDT -
Sinking Animal Spirits
Apr 27 20098:04am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:04am EDT -
Be Your Own Counterfeiter
Apr 26 20099:04am EDT -
Being Tim Geithner
Apr 25 200912:04pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:04am EDT -
What Good is the News?
Apr 25 20098:04am EDT -
Stressful Enough
Apr 24 20092:04pm EDT -
Not Regretting the Pound
Apr 24 20091:04pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:04am EDT -
Non-Economic Questions of the Day
Apr 24 20099:04am EDT -
The Stress Test Blind Alley
Apr 24 20098:04am EDT -
Happy Hour
Apr 23 20099:04pm EDT -
Recovery Without Rebalancing
Apr 23 20096:04pm EDT -
The Shape of Your Recession
Apr 23 20095:04pm EDT
Links
- Felix Salmon
- DealBreaker
- Ryan Avent: The Bellows
- The Epicurean Dealmaker
- Chris Anderson
- Ultimi Barbarorum
- MarketBeat
- Michelle Leder
- John Quiggin
- The Panelist
- Andrew Leonard
- Streetsblog
- Brad Setser
- Michael Mandel
- Financial Crookery
- Kash Mansori
- Dean Baker
- Calculated Risk
- Free Exchange
- Curbed
- Lance Knobel
- Econospeak
- Carbon Tax Center
- Overcoming Bias
- Mark Thoma
- Naked Capitalism
- Alphaville
- Barry Ritholtz
- Alexander Campbell
- The Bayesian Heresy
- Brad DeLong
- DealBook
- Greg Mankiw
- Deal Journal
- FP Passport
- Carl Bialik
- Marginal Revolution
- A Fistful of Euros
- Dan Gross
Edward Pastorini Unmasked as Theodore Roxford
Back in April, Bloomberg's Stewart Bailey reported on a possible takeover in the gold mining industry: "Gold Fields May Receive Bid From Pastorini-Led Group". The story was met by guffaws in London, and now the other shoe has dropped: "Edward Pastorini" has been unmasked. His real name, it turns out, is Theodore Roxford, and he makes something of a career out of bogus takeover bids:
U.S. securities regulators on Friday sued a partnership and one of its founders, alleging they made bogus offers to buy such well-known entities as Sony Corp. and Playboy Enterprises Inc. in an effort to manipulate their stock prices...
Roxford also made offers for Zapata Corp., Edgetech Services Inc. and PeopleSupport Inc., according to the complaint.
Even Theodore Roxford is a made-up name, it turns out: "Pastorini" was born Lawrence David Niren, and has sometimes answered as well to Theodore Vakil.
I'm glad that Roxford is being brought to justice. Memo to the SEC, in case you care: I have eight emails from "Edward Pastorini," sent between April 17 and April 22, during which he sent me details of his Gold Fields offer and offered to set up an interview between me, him, and his mining-company "partners".
Interestingly, Bloomberg hasn't published anything about Pastorini since its editor in chief, Matthew Winkler, told the New York Times back in April that he would continue to investigate the story. What more are they waiting for?
