Articles Written by:    GARY WEISS     

The BusinessWeek Suitor-Numbers Game

Bloomberg reported the surprising news that BusinessWeek was drawing the interest of 93 potential buyers. The basis was a televised interview with the CEO, Terry McGraw. Paid Content immediately tossed cold water on that, and Business Insider weighed ...

From GARY WEISS, ETF Investor,  10 Sep 2009

Would Wasserstein Be Good for BusinessWeek?

If I were a betting man (and mind you, I suck at betting), my guess would be that Bruce Wasserstein will buy BusinessWeek. That seems to be the conventional wisdom (see here and here), and I agree. BW's Jon Fine even says, in an casual reference in his ...

From GARY WEISS, Seeking Alpha,  23 Aug 2009
Related Topics: Bruce Wasserstein,  Jon Fine,  Fast Company,  Wall Street Journal,  Lazard LTD.

The Problem with Jailing Bernie Madoff's Rat

Judge Richard Sullivan is taking a big risk by refusing to release Frank DiPascali, the Bernie Madoff CFO who has become a cooperating witness. Not a personal risk. Oh no. It's a low-risk move from the CYA perspective. Had Sullivan released DiPascali, ...

From GARY WEISS, ETF Investor,  13 Aug 2009

High Frequency Trading: Specialists on Steroids

A Bloomberg article yesterday on high-frequency trading begins as follows: Frank Troise, the head of electronic equity trading products at Barclays Plc, says using computers to execute orders in milliseconds is no different than brokers jockeying for ...

From GARY WEISS, ETF Investor,  29 Jul 2009
Related Topics: Barclays,  NASDAQ

How Not to Revive BusinessWeek

Alan M. Webber, co-founder of Fast Company, has some ideas in Huffington Post on how to revive BusinessWeek (owned by MHP). I'm glad that someone of his caliber is thinking about that--heaven knows, BW needs new ideas--but the ones he has presented ...

From GARY WEISS, ETF Investor,  15 Jul 2009
Related Topics: Fast Company,  John Byrne,  The Economist,  Jack Welch,  Maria Bartiromo

BusinessWeek's Strategic Options Being Explored Means...

Since all the world now knows that McGraw-Hill (MHP) is shopping BusinessWeek, I'm perplexed by the corporate-speak of an email delivered to the staff after the news broke on Bloomberg, by BW publisher Keith Fox. It said as follows: We all know that ...

From GARY WEISS, ETF Investor,  15 Jul 2009

Business Week Is on the Block

Recent rumors that BusinessWeek is for sale appear to be true. Bloomberg is reporting that McGraw-Hill (MHP) has hired Roger Altman's Evercore Partners to shop the magazine. Great timing, you have to admit. Ever hear of a more terrific climate for ...

From GARY WEISS, ETF Investor,  14 Jul 2009
Related Topics: Evercore Partners Inc

Where Was the Press While an Analyst Was Being Crushed by Matrixx Initiatives?

Gretchen Morgenson had a great column in the New York Times yesterday on the successful effort to crush an independent analyst by Matrixx Initiatives (MTXX), the criticism-phobic pharmaceutical company whose OTC cold products were recently ordered ...

From GARY WEISS, ETF Investor,  29 Jun 2009
Related Topics: Securities and Exchange Commission,  Food and Drug Administration,  William H. Donaldson,  Overstock.com, Inc.

One Reason to Cheer Obama's Regulation Overhaul

I missed it in my first read (er...skim) of Obama's financial regulatory overhaul scheme, but there's a pro-investor gem buried therein. Evidently I'm not the only one to have missed it, as I can't find a reference to it in the media. A trial lawyers ...

From GARY WEISS, Seeking Alpha,  23 Jun 2009
Related Topics: Barack Obama,  Securities and Exchange Commission

How the SEC Coddled Corporate Wrongdoing

The Washington Post had a fascinating article describing how the SEC, under its loathsome former chairman Chris Cox, coddled corporate wrongdoing in the guise of "efficiency." As CJR's Audit column points out, the article today builds on a report from ...

From GARY WEISS, ETF Investor,  3 Jun 2009
Related Topics: Securities and Exchange Commission,  Christopher Cox