As I reported last week, there has been some strange behavior over at investing website SeekingAlpha.
BloggerNews had already been disturbed that SeekingAlpha would publish short-selling articles on the taxi medallion financial industry by James Hickman, after being told that Hickman had received a Consent Order for apparent financial misdeeds and had misrepresented himself as being the “Chief Investment Officer” for a company that didn’t exist.
When SeekingAlpha spiked stories by new and existing authors on the taxi medallion financial industry that offered positive perspectives, yet continued to publish negative articles on the taxi medallion financial industry, we became suspicious.
Did the long monetary reach of the TNC industry drop some coins into the coffers of editors? Of the publishers? We asked VP of Content George Moriarty about this and our inquiry was not answered. Where there’s smoke, there’s fire, we always say and silence speaks volumes. That is not to say that anything untoward, immoral, unethical or illegal is going on SeekingAlpha regarding the taxi medallion financial industry. We’re just asking questions, and not getting answers.
We also received an Email addressing these very issues about the taxi medallion financial industry from a third-party, someone who purported to work at SeekingAlpha. We believe the Email to be genuine, but are still researching its authenticity. We will keep readers updated on this story.