Post by jannikki on May 25, 2007 6:23:53 GMT -4
DTCC caught covering-up
There has been much speculation as to the root of Gary Weiss’s abiding interest in the personalities voicing their objections to the practice of illegal naked short securities trading.
In February of this year, some felt that question was answered in the form of a minor yet tremendously significant incident from which it could be fairly deduced that Weiss was, on the morning of January 19, 2007, using a computer on the network of the Depository Trust and Clearing Corporation (DTCC).
The basis of that deduction is explained in detail here.
antisocialmedia.net/?page_id=105
Given the enormous value of the financial assets over which the DTCC is steward, and the high level of security that must necessarily mediate access to the organization’s premises, much less data networks, one can immediately rule out any scenario in which Weiss might have been using that computer in anything other than a sanctioned capacity.
Over four days, DTCC Spokesman Stuart Goldstein ignored two emailed requests for comment on this situation. When he finally did respond to a third request received by a staffer over the phone, it was in the form of a blank email. A quick request to re-send the missing content was denied, and five repeat requests over the space of one week were ignored.
Then, in one of the strangest turns of events observed in this saga to date, on February 9, 2007, Goldstein’s reply was delivered, unprompted, by New York Post reporter Roddy Boyd.
From: Boyd, Roddy
Date: Feb 09 2007 - 1:03pm
Subject:
judd,
I spoke to corp comm at DTCC and they told me, on the record, that Gary weiss is not, nor has he ever, been employed or used by DTCC in any capacity, formally or informally. They categorically reject it and tell me that none of them have any recollection of ever talking to him, meeting with him or having any dealings with him.
Gary categorically rejects it.
thats a big hump for a real reporter to get over.
let me put this politely:
As an investigative reporter, laughably per PB, you really, really are a much better PR person.
Lest its meaning be lost on anybody, please carefully re-read and reflect on the sweeping significance of Mr. Boyd’s second sentence:
They categorically reject it and tell me that none of them have any recollection of ever talking to [Gary Weiss], meeting with him or having any dealings with him.
<!--[if !supportLineBreakNewLine]--><!--[endif]-->Now, please carefully read and consider the meaning of the following:
In recent weeks, a confidential source has delivered to AntiSocialMedia.net multiple emails, all pre-dating Mr. Boyd’s DTCC proxy denials, in which Gary Weiss refers to active consultations between himself and unnamed DTCC officials on a specific media-related matter.
These emails make no reference to the basis (whether paid or otherwise) of the relationship, but given the extreme lengths to which DTCC leadership has gone to deny so much as a conversation with Weiss, this development is suggestive of what can only be interpreted as unmitigated deception at the highest levels within that organization.
In February, Weiss called claims of a relationship between himself and the DTCC “absolute crap.”
Wishing to rule out the possibility that Roddy Boyd delivered anything but an accurate reflection of the DTCC’s position, earlier this week Stuart Goldstein was asked to affirm the accuracy of Boyd’s statement, as well as to comment on the existence of unspecified evidence that Gary R. Weiss has or has had a professional relationship with the DTCC.
Goldstein’s pithy reply consisted of three words:
From: Stuart Goldstein
date: May 23, 2007 3:01 PM
Subject: Re: Request for comment
Send your evidence.
Because the nature of the evidence does nothing to change the facts at hand, and in order to honor commitments of confidentiality made to sources, Goldstein’s request was not honored.
An additional request for comment has been ignored by Goldstein.
Given the length to which Goldstein has gone to obscure the truth in this matter, and the length to which Weiss regularly goes to specifically malign critics of the DTCC’s defense of illegal and abusive stock trade settlement failures, a disturbing picture of that organization’s policy of defamatory, surrogate-driven, scorched earth public relations is beginning to emerge.
antisocialmedia.net/?p=103
There has been much speculation as to the root of Gary Weiss’s abiding interest in the personalities voicing their objections to the practice of illegal naked short securities trading.
In February of this year, some felt that question was answered in the form of a minor yet tremendously significant incident from which it could be fairly deduced that Weiss was, on the morning of January 19, 2007, using a computer on the network of the Depository Trust and Clearing Corporation (DTCC).
The basis of that deduction is explained in detail here.
antisocialmedia.net/?page_id=105
Given the enormous value of the financial assets over which the DTCC is steward, and the high level of security that must necessarily mediate access to the organization’s premises, much less data networks, one can immediately rule out any scenario in which Weiss might have been using that computer in anything other than a sanctioned capacity.
Over four days, DTCC Spokesman Stuart Goldstein ignored two emailed requests for comment on this situation. When he finally did respond to a third request received by a staffer over the phone, it was in the form of a blank email. A quick request to re-send the missing content was denied, and five repeat requests over the space of one week were ignored.
Then, in one of the strangest turns of events observed in this saga to date, on February 9, 2007, Goldstein’s reply was delivered, unprompted, by New York Post reporter Roddy Boyd.
From: Boyd, Roddy
Date: Feb 09 2007 - 1:03pm
Subject:
judd,
I spoke to corp comm at DTCC and they told me, on the record, that Gary weiss is not, nor has he ever, been employed or used by DTCC in any capacity, formally or informally. They categorically reject it and tell me that none of them have any recollection of ever talking to him, meeting with him or having any dealings with him.
Gary categorically rejects it.
thats a big hump for a real reporter to get over.
let me put this politely:
As an investigative reporter, laughably per PB, you really, really are a much better PR person.
Lest its meaning be lost on anybody, please carefully re-read and reflect on the sweeping significance of Mr. Boyd’s second sentence:
They categorically reject it and tell me that none of them have any recollection of ever talking to [Gary Weiss], meeting with him or having any dealings with him.
<!--[if !supportLineBreakNewLine]--><!--[endif]-->Now, please carefully read and consider the meaning of the following:
In recent weeks, a confidential source has delivered to AntiSocialMedia.net multiple emails, all pre-dating Mr. Boyd’s DTCC proxy denials, in which Gary Weiss refers to active consultations between himself and unnamed DTCC officials on a specific media-related matter.
These emails make no reference to the basis (whether paid or otherwise) of the relationship, but given the extreme lengths to which DTCC leadership has gone to deny so much as a conversation with Weiss, this development is suggestive of what can only be interpreted as unmitigated deception at the highest levels within that organization.
In February, Weiss called claims of a relationship between himself and the DTCC “absolute crap.”
Wishing to rule out the possibility that Roddy Boyd delivered anything but an accurate reflection of the DTCC’s position, earlier this week Stuart Goldstein was asked to affirm the accuracy of Boyd’s statement, as well as to comment on the existence of unspecified evidence that Gary R. Weiss has or has had a professional relationship with the DTCC.
Goldstein’s pithy reply consisted of three words:
From: Stuart Goldstein
date: May 23, 2007 3:01 PM
Subject: Re: Request for comment
Send your evidence.
Because the nature of the evidence does nothing to change the facts at hand, and in order to honor commitments of confidentiality made to sources, Goldstein’s request was not honored.
An additional request for comment has been ignored by Goldstein.
Given the length to which Goldstein has gone to obscure the truth in this matter, and the length to which Weiss regularly goes to specifically malign critics of the DTCC’s defense of illegal and abusive stock trade settlement failures, a disturbing picture of that organization’s policy of defamatory, surrogate-driven, scorched earth public relations is beginning to emerge.
antisocialmedia.net/?p=103