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Far-correct libertarian fiscal web log

Goose egg Hedge
ZeroHedge logo.svg

Motto: On a long enough timeline the survival rate for everyone drops to zero [a]

Type of site

  • Upper-case letter markets finance blog
  • News and political opinion
Available in English
Owner ABC Media Limited (Bulgaria)[1]
Created by Daniel Ivandjiiski
Editor
  • Daniel Ivandjiiski
  • Tim Backshall
URL zerohedge.com
Commercial Yep (complimentary content, paid advertisement)
Registration Optional. Registration is required to post comments.
Launched ix January 2009; 13 years ago  (2009-01-09) [two]
Current status Online

Zip Hedge (or ZeroHedge)[b] is a far-correct[13] libertarian[eighteen] financial blog and news aggregator.[14] [15] [nineteen] Zero Hedge, per its motto,[a] is surly in its investment outlook and analysis, often deriving from its adherence to the Austrian School of economic science and credit cycles.[23] While often labeled as a financial permabear,[24] [25] Zero Hedge has besides been described every bit a source of "cut-border news, rumors and gossip in the financial manufacture".[26]

Over fourth dimension, Zero Hedge expanded into non-fiscal political content,[c] including conspiracy theories and fringe rhetoric[3] [28] advancing radical right,[15] [29] alt-right,[thirty] [31] [32] and pro-Russia positions.[1] [33] [34] [35] Zero Hedge'southward not-financial commentary has led to a number of site bans past various global social media platforms, although its 2019 Facebook ban[36] [37] and 2020 Twitter ban were later reversed.[15] [38]

Zero Hedge in-house content is posted under the pseudonym "Tyler Durden"; the founder and main editor was identified as Daniel Ivandjiiski.[27]

Zero Hedge'southward kickoff post appeared on ix January 2009 at 4pm,[39] [ii] and the domain was registered on 11 January 2009.[ citation needed ] According to the Boston Business Journal, the website "publishes financial news and opinion, aggregated and original" from a number of writers "who purportedly hail from within the financial manufacture."[xl] Nearly all in-house articles are signed under the collective pseudonym, "Tyler Durden", a character in the Chuck Palahniuk book and movie Fight Lodge.[40] [2]

In September 2009, news reports identified Daniel Ivandjiiski, a Bulgarian-born, U.S.-educated,[d] former hedge-fund trader, who was barred from the securities industry in September 2008 for earning United states of america$780 from an insider merchandise past FINRA,[41] every bit the founder of the site, and reported that "Tyler Durden" was a pseudonym for Ivandjiiski.[2] [42] FINRA rulings show Ivandjiiski worked for 3 years at New York investment depository financial institution, Jefferies & Co.,[43] equally well a number of hedge funds, the final of which was Wexford Capital LLC, a fund led by former Goldman Sachs traders.[44] One female site correspondent, who spoke to New York magazine in an interview bundled by Ivandjiiski, said "up to 40" people could post under the "Tyler Durden" pseudonym.[2] The same New York magazine article, published on 27 September 2009, stated that Ivandjiiski's father was Krassimir Ivandjiiski,[2] a Bulgarian publisher and editor of the pro-Russia correct-wing conspiracy theory website Strogo Sekretno ("Elevation Underground"),[i] and monthly publication Bulgarian Confidential, since 1994.[e] [1]

The domain zerohedge.com is registered in Bulgaria to a company called ABC Media Ltd, managed by Krassimir Ivandjiiski.[1]

In a 29 Apr 2016 Bloomberg article "unmasking" Aught Hedge,[27] the authors writing as "Tyler Durden" were revealed as Ivandjiiski, and then historic period 37, Tim Backshall, historic period 45 (a credit derivatives strategist),[46] and Colin Lokey, age 32 (a Seeking Alpha staff writer).[47] Lokey, the newest member, who joined in 2015, publicly revealed himself and the other two, when he left the site in April 2016.[48] Ivandjiiski confirmed the three men "had been the only Tyler Durdens on the payroll" since Lokey joined in 2015.[27] Lokey said he was paid $6,000 per month, and received a bonus of $fifty,000, earning over $100,000 in 2015.[27] According to Ivandjiiski, the blog generates revenue from online advertising (at that place is no subscription service).[27]

In March 2020, Bulgarian litigation between Krassimir Ivandjiiski and U.S. journalist Seth Hettena revealed further details about the Ivandjiiski family unit and the site's ownership.[1]

Site bans

On 12 March 2019, Bloomberg reported that Facebook had banned users from sharing Nada Hedge posts three days earlier.[36] MarketWatch, noting that Zero Hedge is a "frequent critic of Facebook", reported that the ban was lifted later that day with Facebook proverb that the ban was a "mistake with our automation to detect spam".[37] Business Insider, describing Zero Hedge as "a favorite of City and Wall Street traders, known for its anti-establishment and bearish slant on financial topics", noted that Donald Trump Jr. and Nigel Farage raised objections to Facebook's censure of Naught Hedge.[49]

Australian telecom company Telstra temporarily denied admission to Zero Hedge and other websites on 20 March 2019 equally a result of the Christchurch mosque shootings.[50] [51] [52]

On 20 January 2020, Zero Hedge's Twitter account, which and so had 670,000 followers, was "permanently suspended" from Twitter for violating their platform manipulation policy.[14] [53] Bloomberg reported that Zero Hedge had been informed by Twitter that the interruption was as a result of an article titled: "Is This The Homo Behind The Global Coronavirus Pandemic?", in which they doxed a Chinese virologist at the Wuhan Establish of Virology.[29] [15] [54] On 12 June 2020, Twitter reinstated the account after an entreatment from Zero Hedge and stated that the suspension was an error.[38]

Zero Hedge was banned from the Google Ads platform on 17 June 2020. An email from Google to NBC said that Zippo Hedge violated Google's content policy that "explicitly prohibit[s] derogatory content that promotes hatred, intolerance, violence or bigotry based on race from monetizing." The violating comments were constitute on stories related to George Floyd protests.[55] [56] Google lifted the ban in July 2020, after the management of Cipher Hedge began moderating comments.[57]

Cipher Hedge revealed on June 17, 2020 that PayPal had, like Google, deplatformed the site,[58] and they would but be able to accept cryptocurrency payments in the future.[59]

Following a community discussion in July 2020, the online encyclopedia Wikipedia ruled that Zero Hedge did not see the standards for a reliable source every bit understood by the community and could non be cited as a source for any claims of fact in the encyclopedia.[60]

Manifesto and views

At its creation in January 2009, Null Hedge published a manifesto on the objectives of the site.[61]

Financial views

Recreation of a typical Aught Hedge chart from BIS information of G3 key bank balance sheets: Feb, ECB and BOJ

Recreation of a typical Zero Hedge chart from BIS and Bloomberg, showing the G3 central bank balance sheets: FEB, ECB and the BOJ versus the share cost of Amazon (AMZN)

Recreation of a typical Naught Hedge chart from BIS and Bloomberg, showing the G3 primal banking company balance sheets: Feb, ECB and the BOJ versus the MSCI U.South. Stock Market

The most strongly held belief by Nil Hedge is in Austrian economic science, and that economic cycles are really credit cycles, and that the quantitative easing ("QE") past global central banks is a temporary and bogus nugget-toll support scheme, that makes the credit bicycle fifty-fifty more extreme; and hence the site'southward strongly surly views.[f] [23] As a result of this view, Aught Hedge supports avails that are outside of the central banking organization, including precious metals and gold,[26] [62] and even cryptocurrencies. The site is strongly against Keynesian economics,[63] and sees quantitative easing as a Keynesian "money printing trick",[64] and vilifies advocates of this approach, such every bit Paul Krugman in particular.[65] [yard] The site praises writers with similar views, such Albert Edwards and John Hussman.

Critics of Zero Hedge characterization the site a "permabear",[25] whose views missed the global recovery since 2013. Zero Hedge responds that the since 2013, global fundamental banks have undertaken a continuous program of quantitative easing ("QE") (e.g. aggregate monthly easing has rarely dropped below the level of QE1 or QE2, see graphic opposite),[66] and when QE1 and QE2 ended, markets complanate. The site references Japan, whose market ready new lows after each circular of QE, from 1994 to 2013,[67] and where the latest circular of QE, started in 2013, has seen the BOJ become a dominant owner of the Nikkei 225.[68] [69]

Zero Hedge maintains a number of financial views/theories which are considered conspiratorial, and/or difficult-to-prove or unprovable;[70] [24] notable views include:[h]

  1. Price manipulation past high-frequency trading ("HFT"). The belief that investment banks/funds use HFT/"night pools" to dispense prices;[i]
  2. Precious metals manipulation. The belief that investment banks manipulate precious metals prices to suit their derivative books;[j]
  3. Plunge-protection-team ("PPT"). The conventionalities that central banks intervene in markets on a frequent, almost daily ground, to back up prices;[yard]
  4. U.S banks front running the U.S. FED. The belief that U.Due south. investment banks, almost profitable of all global investment banks, have knowledge of PPT trades;[50]
  5. Market illiquidity. The conventionalities that market liquidity, when HFT and PPT flows are taken out, is low, implying prices are artificial;[m]
  6. Chinese fraud. The belief that Chinese economic data is fabricated-upwards, and that many Chinese companies are fraudulent (called "fraudcaps" by the site);[due north]
  7. Manipulation of house prices. The belief that cardinal bankers, Mark Carney every bit most typical,[o] use houses as stimulus, by loosening mortgage terms.[p]

A connected theme from the above views is that primal banks have nationalized capital markets, that prices are bogus and do non reflect economic theory, that U.S. financial institutions have profited from this, and that the manipulation of asset prices has driven wealth inequality in social club and congenital up fiscal risks (due to the leverage against these prices). Nil Hedge frequently shows the chart of G3 balance sheets versus Amazon's share toll (see graphic), concluding that U.Due south. taxpayer's money has been used by the U.S. FED to make U.Due south. taxpayers unemployed.

Bearish macroeconomic views and conspiracy theories aside, Zilch Hedge is noted as a source of detailed, merely proprietary, enquiry from Wall Street investment banks and institutions, on securities, which tin be picked up past the financial media.[71] [72] [73] Sometimes, the research is about other investment banks.[74] Information technology has also been a source of breaking news in the full general capital letter markets industry.[75] [26] [76] [77] In Goose egg Hedge'south early years, it was associated with exposing the unknown globe of High-frequency trading ("HFT"), and the HFT techniques that Aught Hedge claimed amounted to market manipulation.[26] [78]

Cipher Hedge is known for personalized attacks on specific finance professionals, examples being newsletter writer and article analyst Dennis Gartman (over 758 articles),[79] Nobel Prize-winning economist Paul Krugman (over 703 manufactures),[80] and fund director Whitney Tilson (over 325 articles),[81] amongst others.

Political views

The 29 April 2016 unmasking article by Bloomberg, quoted erstwhile website staffer Colin Lokey as proverb: "I can't be a 24-hour cheerleader for Hezbollah, Moscow, Tehran, Beijing, and Trump anymore. It's wrong. Period. I know information technology gets you views now, but it will kill your make over the long run. This isn't a revolution. It's a joke." Lokey told Bloomberg that he was pressured to frame issues in a way he felt was "disingenuous," summarizing its political stances as "Russia=good. Obama=idiot. Bashar al-Assad=benevolent leader. John Kerry=dunce. Vladimir Putin=greatest leader in the history of statecraft."[27] Lokey provided chat transcripts in which Ivandjiiski refers to America'due south "silent majority" as "beastly", while Backshall acknowledges life in the U.S. is bad "outside of my bubble".[27]

Wallace-Wells noted that the site demonstrated a pro-Russia bias, stating the site had a "pointed" Russophilia.[33]

In a series of articles in June–July 2017, the Fiscal Times, covering an result organised past one of the site's bloggers,[q] said that, "It probably didn't help that ZeroHedge was also used as a lead-in for a 2016 New Yorker slice about the alt-right, despite its financial focus and a political bent that is more Drudge than Richard Spencer."[34]

In January 2020, when the site was removed from Twitter, BuzzFeed News described Nil Hedge every bit "pro-Trump" and "far-right",[29] while reporting on the removal, The Washington Mail service said that Null Hedge "In recent years, the web log has amplified right-wing conspiracy theories on a range of topics".[15]

In March 2020, American journalist Seth Hettena wrote an opinion-piece in The New Republic titled "Is Zero Hedge a Russian Trojan Horse?", and provided details on the links between Krassimir Ivandjiiski (the site publisher's Bulgarian father), and Soviet-era activities in propaganda, revealed during litigation initiated by the father against Hettena in the Bulgarian courts.[1] Hettena commented that Zero Hedge has become "a forum for the hateful, conspiracy-driven voices of the aroused white men of the alt-right. Racists, anti-Semites, extreme correct-wingers, and conspiracy nuts were an underserved audience, and, as it turns out, a profitable i."[1]

In February 2022, intelligence officals from the U.s.a. claimed that Zero Hedge has amplified Russian propaganda, stating the site has published articles created past Moscow-controlled media that were then shared past outlets and people unaware of their nexus to Russian intelligence.[82]

Reception

Launch to 2014

In August 2009, under the pseudonym Tyler Durden, Ivandjiiski was interviewed on Bloomberg Radio on HFT.[83] [84] Following a series of pieces accusing Goldman Sachs of using high-frequency trading to profit via the New York Stock Exchange, Null Hedge's readership grew rapidly.[85] [42] In September 2009, journalist Joe Hagan wrote that Zero Hedge'south founder was "a zealous believer in a sweeping conspiracy that casts the alumni of Goldman Sachs as a powerful cabal at the captain of U.Due south. policy."[2] In September and October 2009, Fiscal journalists Felix Salmon and Justin Play a joke on characterized the site as conspiratorial.[86] [42] However, Justin Fob, went on to describe Ivandjiiski equally "a wonderfully persistent investigative reporter" and credited him for successfully turning high-frequency trading "into a big political effect," but also termed most of the writing on the website as "one-half-baked hooey," albeit with some "truth to be gleaned from it."[42]

In his volume, Griftopia (2010), Matt Taibbi cited Zero Hedge as having accurately assessed the level of corruption in the banking industry.[87] In January 2011, Zip Hedge was quoted in the Columbia Journalism Review regarding a JPMorgan-Ambac lawsuit: "JPM committed fraud through misrepresentation, then wilfully and maliciously traded against the entities it had sold misrepresented securities to."[88] In March 2011, Time mag ranked Zero Hedge as 9th, in its 25 All-time Financial Blogs,[70] with nominator, Bloomberg 'southward Paul Kedrosky, stating that "And then while I don't read Zero Hedge regularly—it's too bearish, also conspiratorial and also much of an intellectual monoculture—I like knowing that it exists. Any time I'm feeling like things might but plough out O.Yard. on planet Economic Earth, I know where to turn to exist disabused of that stupid thought." Susanne Craig of The New York Times described Nix Hedge in Oct 2011 every bit "a well-read and controversial financial blog."[89]

In December 2012, Bank of America, which had been criticized past the site in the past, blocked its employees' access to Zero Hedge from BOA servers.[40]

2014 to 2018

In September 2014, the site was described by CNN Money every bit offering a "deeply conspiratorial, anti-establishment and pessimistic view of the world."[24]

In Nov 2014, Dr. Craig Pirrong, Professor of Finance at the University of Houston, stated: "I take frequently written that Zero Hedge has the MO of a Soviet agitprop operation, that it reliably peddles Russian propaganda: my showtime post on this, almost exactly 3 years ago, noted the parallels between Zero Hedge and Russia Today."[90] [91] In Dec 2013, Zero Hedge accused Dr. Pirrong of being a "paid-for-Professor", who had "made a living of collecting "expert academic" fees by simply signing off on [wall street] memoranda", quoting a New York Times expose past David Kocieniewski into Dr. Pirrong.[92] [r]

In September 2015, Nobel Prize-winning economist and New York Times columnist Paul Krugman described Zero Hedge as a scaremongering outlet that promotes fears of hyperinflation and an "evidently ridiculous" grade of "monetary permahawkery."[94] In November 2012, Krugman had noted that Bill McBride of Calculated Risk, an economics blog, has treated Zero Hedge with "appropriate contempt".[95] Krugman has been one of the near vilified individuals on Zero Hedge, and the field of study of over 703 articles (about all negative) since inception,[80] due to Krugman'south advocacy of Keynesian economics.[m] [65]

In April 2016, as part of its betrayal from the Colin Lokey interview, Unmasking the Men Behind Zero Hedge, Wall Street's Renegade Blog, Bloomberg Markets stated that since its founding in the middle of the financial crunch, "Zero Hedge has grown from a web log to an Internet powerhouse. Oft distrustful of the 'establishment' and almost ever surly, it's known for a pessimistic worldview. Posts entitled 'Stocks Are In a Far More Precarious Country Than Was Ever Truly Believed Possible' and 'America's Entitled (And Doomed) Upper Center Class' are not uncommon."[27]

In a May 2016 follow-upward Bloomberg stance piece, Noah Smith said: "Nada Hedge has become known as a source of cutting-edge news, rumors and gossip almost the financial industry, likewise as a haven for gold bugs, foes of the Federal Reserve and critics of high-frequency trading"; and also that: "But I've realized that the website is also something else—a kind of support grouping for financial manufacture workers who are worried most their own economical hereafter in the face of sweeping changes in applied science, regulation and demand".[26]

Post–2018

On 20 November 2019, NBC News reported Zero Hedge as the initial source of a "misleading claim nearly the head of the Ukrainian free energy company at the heart of the House impeachment inquiry", which went viral during the impeachment hearings. NBC said that "ZeroHedge plainly misconstrued the original Russian article from the Interfax-Ukraine News Agency, which did not mention an indictment. The Interfax-Ukraine News Agency operates every bit part of Interfax, a Russian news outlet".[35]

In January 2020, after Zero Hedge had been removed from Twitter, Business concern Insider reported that "In the years afterward the financial crash, the site had a bonafide social presence and a solidified identify among fiscal insiders", and that "Since its rise to popularity among Wall Street insiders, Aught Hedge has since become known for sensationalist headlines and gruff accept on the world'southward news".[xx] Reporting on the affair, the Washington Postal service said that, "Zero Hedge launched in 2009, more often than not featuring news and commentary most financial markets from a libertarian perspective. In contempo years, the web log has amplified correct-wing conspiracy theories on a range of topics".[15]

Litigation

GEROVA Fiscal

On 27 March 2012, Daniel Ivandjiiski was named as a co-conspirator in a civil complaint regarding a "complaint for damages and equitable relief".[96] The complainant, Noble Investments, who described themselves equally a seed-investor in GEROVA Financial Group (NYSE: GFC), alleged that Dalrymple Finance had, with Zero Hedge and others,[south] engaged in a short and distort stock manipulation scheme, by publishing negative reports on GEROVA in January 2011.[97] [98] [99] The complaint stated that, amongst other charges, the defendants made damaging accusations that major shareholders, the Galanis family, and GEROVA senior executives, were involved in a "pump and dump" scheme; information technology also made ad hominem attacks on both Daniel Ivandjiiski, and his then alleged father, Krassimir Ivandjiiski.[t]

Dalrymple replied: "Writing research on quoted companies and distributing that research to fiscal media outlets, is neither illegal and is a daily legitimate activity on Wall Street". The complaint did not progress and there was no SEC investigation. GEROVA Fiscal's share collapsed in 2011, and never recovered.[ commendation needed ] On 24 September 2015, the SEC charged a number of senior GEROVA executives and a few major investors in GEROVA with a "stock fraud scheme",[100] [101] for which several, including the former company Chairman and President, Gary Hirst, received jail sentences in 2017.[102] [103]

Run across also

  • Krassimir Ivandjiiski
  • Daniel Ivandjiiski
  • Marc Faber
  • John Hussman

Notes

  1. ^ a b The website'south motto, "On a long enough timeline the survival rate for everyone drops to zero", is from the book and film Fight Gild,[xx] [21] which is in turn a paraphrase of John Maynard Keynes who said "In the long run we are all dead".[22]
  2. ^ A search of the website shows that the website uses Zilch Hedge, and ZeroHedge, and fifty-fifty zerohedge, and ZH, when referring to itself in articles.
  3. ^ Former Zero Hedge staff writer, Colin Lokey, on departing acrimoniously in April 2016, alleged to Bloomberg that Zero Hedge had become increasingly focused on non-fiscal material as a way to increase traffic on the site.[27]
  4. ^ Graduated from the American College in Sofia, Bulgaria (1997), and then moved to the U.S. and graduated from the University Of Pennsylvania in molecular biology.[2]
  5. ^ In the translated "Almost U.s.a." page of Strogo Sekretno, Krassimir describes the publication every bit: "In a higher place all, Top Secret is a national political newspaper. Information technology is the only independent newspaper in Bulgaria, which is the only real alternative to manipulated mass media." The paper's website is at strogosekretno.com.[45]
  6. ^ Global central banks have, between them, maintained a continual level of QE since 2013, after the plummet of markets postal service the cease of QE1 (March 2010) and QE2 (June 2011)
  7. ^ a b As a follower of Keynesian economics, Krugman advocates tools like quantitative easing to raise full general asset prices and the living standards of guild; even so, every bit a follower of the Austrian Schoolhouse of economics, Zero Hedge believes that quantitative easing tools are bogus and their effects evaporate as soon as the tool is stopped (e.g. as happened at the end of QE1 and QE2), and thus the increased level of credit and leverage congenital up during the easing, poses serious risks to the economic system and society.
  8. ^ It is not possible to listing all such views expressed on Zero Hedge, nor is it possible to definitively rank the views; nonetheless, given that such views are acknowledged as an of import part of the site, a considered listing of major such views is provided
  9. ^ This was the original Zero Hedge theory that brought the site to prominence in 2009; the theory gained some support, and in particular from the Michael Lewis volume, Flash Boys
  10. ^ As a believer in the Austrian School of economic science and thus a strong supporter of precious metals ("PMs"), the site has often interpreted falls in the price of PMs every bit being market manipulation
  11. ^ The term "plunge protection team" generates thousands of article links on the Zero Hedge site; disclosures by the Bank of Japan regarding its very frequent ETF trading activities are used equally support; also, seemingly irrational recoveries, such every bit Brexit, where the U.K. market hit a new high in the months post the shock, are seen as evidence of PPT past Zero Hedge
  12. ^ Naught Hedge has an fifty-fifty wider conspiracy theory around the connections betwixt big U.S. investment banks and the FED; notwithstanding the site'due south most used evidence is the fact that U.S. investment banks, during QE programs, rarely have days in the year where they lose money trading
  13. ^ Zero Hedge showed in 2009 that much of the headline volume in markets was really HFT (e.chiliad. aforementioned share being sold back-and-frontwards many times per 2d), and thus illusory; the problem with this theory is that ETFs, the main tool asserted for PPT action, do not have the same reporting requirements equally individual securities (e.yard. big PPT ETF trades are not itemised and sourced, every bit with fund managing director 13F trades)
  14. ^ Zero Hedge oftentimes returns to this theme; cites various testify including from ex. Fitch analyst, Charlene Chu and curt-seller, Jim Chanos; besides cites regular reports from Muddy Waters Inquiry
  15. ^ Nothing Hedge articles on Canadian Bank solvency, impaired past an assertion that Mark Carney was using key bank tools to inflate Canadian firm prices, were covered in the principal financial media; Zero Hedge has made the aforementioned assertion on Mark Carney'due south impact on U.K. house prices
  16. ^ A fundamental theme of Naught Hedge, is that cardinal banks are using techniques that increment the full indebtedness in lodge to generate growth, which, equally an Austrian School follower, Zilch Hedge believes will be temporary; and that the growth only exists while the "flow" of new credit is positive, but regardless of how large the "stock" of credit reaches, once the "period" turns negative, prices will collapse. Zero Hedge points to housing as a central tool (as well as Student Loans and Auto Loans), and how, despite the autumn in housing volumes, key banks take kept firm prices ascent past loosening mortgage terms, and "help-to-buy" schemes
  17. ^ The effect was organised past Zero Hedge contributor, hedgeless_horseman, and it was non an official Zilch Hedge function
  18. ^ Zilch Hedge has run several articles on Dr. Craig Pirrong from 2013-2018, calling him the "world's favorite finance proficient for Wall Street hire", in January 2016[93]
  19. ^ The complaint did not name Forbes as a co-conspirator merely alleged that Forbes was the unsuspecting target of their actions
  20. ^ These attacks focused on their Bulgarian citizenship, and that Republic of bulgaria was a global center of organized law-breaking, cybercrime, and fraud, and that Krassimir Ivandjiiski has worked for the Bulgarian government during the Soviet-era.

References

  1. ^ a b c d e f g h Hettena, Seth (9 March 2020). "Is Zippo Hedge a Russian Trojan Horse?". The New Republic. ISSN 0028-6583. Retrieved 9 March 2020.
  2. ^ a b c d e f g h Joe Hagan (27 September 2009). "The Dow Zero Insurgency". New York. The nothing-can-be-believed chaos of the financial crunch created a gold opportunity for a blog run by a mysterious ex-hedge-funder with a dodgy by and conspiracy theories to burn
  3. ^ a b Zeng, Jing; Schäfer, Mike S. (21 Oct 2021). "Conceptualizing "Dark Platforms". Covid-19-Related Conspiracy Theories on 8kun and Gab". Digital Journalism. Routledge. nine (9): 1321–1343. doi:10.1080/21670811.2021.1938165 . Retrieved 20 February 2022 – via Taylor & Francis. Another website that appeared regularly on both platforms was the far-correct finance news website, ZeroHedge, which was cited 620 and 770 times on 8kun and Gab, respectively. ZeroHedge is infamous for making controversial commentaries on socio-political problems; during the pandemic, its Twitter account was suspended for propagating conspiratorial claims that blamed the Wuhan Establish of Virology for creating the novel coronavirus.
  4. ^ Krafft, P. M.; Donovan, Joan (3 March 2020). "Disinformation past Design: The Utilise of Evidence Collages and Platform Filtering in a Media Manipulation Campaign". Political Communication. Routledge. 37 (2): 194–214. doi:x.1080/10584609.2019.1686094. The total amount of relevant data consisted of six 4chan threads, four 8chan threads, one Discord channel, two threads from other far right forums (Zerohedge and FreeRepublic), an Everipedia mail service, six far-right blogs (Puppet Cord News, GotNews, The Gateway Pundit, Studio News Network, Freedom Daily, and YourNewsWire), ...
  5. ^ Fraser, Adele-Momoko (16 June 2020). "Google bans website ZeroHedge from its advertizement platform over comments on protest articles". CNBC. Retrieved 28 June 2020.
  6. ^ Durkee, Alison (17 June 2020). "Google and Facebook Are Slap-up Down on the Far Correct". Vanity Fair . Retrieved 29 June 2020.
  7. ^ Basu, Kajal (22 June 2020). "Who 'Created' Covid?". Outlook . Retrieved 29 June 2020.
  8. ^ "Republicans push back on Google restrictions". Special Report. 17 June 2020. Fox News. Retrieved 29 June 2020.
  9. ^ Dickson, EJ (xvi April 2020). "Anti-Vax Doctor Promotes Conspiracy Theory That Death Certificates Falsely Cite COVID-xix". Rolling Rock . Retrieved 29 June 2020.
  10. ^ Broderick, Ryan (22 April 2020). "Scientists Haven't Found Proof The Coronavirus Escaped From A Lab In Wuhan. Trump Supporters Are Spreading The Rumor Anyway". BuzzFeed News . Retrieved 29 June 2020.
  11. ^ Bellemare, Andrea (11 Feb 2020). "How social media platforms are fighting coronavirus misinformation". CBC.ca . Retrieved 29 June 2020.
  12. ^ Sabalow, Ryan; Kasler, Dale (6 June 2018). "No, Californians, yous won't be fined $1,000 if yous shower and exercise laundry the same day". The Sacramento Bee . Retrieved 29 June 2020.
  13. ^ [3] [iv] [5] [6] [7] [eight] [9] [10] [11] [12]
  14. ^ a b c Siraj Datoo (1 February 2020). "Zero Hedge Permanently Suspended From Twitter for 'Harassment'". Bloomberg News . Retrieved 1 Feb 2020. The libertarian financial website Aught Hedge was permanently suspended from Twitter on Fri subsequently information technology published an commodity questioning the interest of a Chinese scientist in the outbreak of the mortiferous novel coronavirus.
  15. ^ a b c d east f yard Derek Hawkins (i Feb 2020). "Twitter bans Zilch Hedge business relationship after it doxxed a Chinese researcher over coronavirus". Washington Post . Retrieved 3 Feb 2020. Zip Hedge launched in 2009, more often than not featuring news and commentary most financial markets from a libertarian perspective. In recent years, the weblog has amplified correct-fly conspiracy theories on a range of topics.
  16. ^ Datta, Saikat (5 February 2020). "The weaponized Wuhan virus that actually wasn't". Asia Times . Retrieved 29 June 2020.
  17. ^ McKay, Tom (25 June 2020). "Here'southward An Idea: The Trump Campaign Should Simply Take Over MySpace". Gizmodo UK . Retrieved 29 June 2020.
  18. ^ [14] [15] [16] [17]
  19. ^ Detrixhe, John. "JPMorgan has pulled ads from Zero Hedge that ended up in that location by accident". Quartz . Retrieved 13 Apr 2020.
  20. ^ a b Cranley, Ellen (one February 2020). "Finance weblog Zero Hedge was banned from Twitter for Wuhan coronavirus misinformation. It's not the first time the publication has raised eyebrows". Business Insider . Retrieved 29 June 2020.
  21. ^ "Fight Club Script". IMSDb. 21 June 1998. Retrieved 27 September 2020.
  22. ^ "John Maynard Keynes". Wikiquote. 1923. Retrieved 27 September 2020.
  23. ^ a b Noah Smith (two July 2014). "Austrian Economists, nine/11 Truthers and Brain Worms". Bloomberg.com. Bloomberg Opinion.
  24. ^ a b c Egan, Matt (25 September 2014). "Zero Hedge: Wall Street'southward daily dose of doom and gloom". CNN Coin.
  25. ^ a b "A Recovering Perma-Bear Opens Upward Virtually The 'Lunacy' Of The Camp He In one case Belonged To". Business organisation Insider. 14 January 2015.
  26. ^ a b c d e Noah Smith (2 May 2016). "We are all Cypher Hedge now". Bloomberg. Null Hedge has become known equally a source of cutting-edge news, rumors and gossip about the financial manufacture, as well equally a haven for gold bugs, foes of the Federal Reserve and critics of high-frequency trading.
  27. ^ a b c d e f g h i Tracy Alloway; Luke Kawa (29 April 2016). "Unmasking the Men Backside Zero Hedge, Wall Street'due south Renegade Web log: The veil is lifted on a secretive website". Bloomberg News. Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He's also breaking the 2d dominion of Fight Club. (See the kickoff dominion.)
  28. ^ Nguyen, Tina. "MAGA speech clashes with coronavirus misinformation crackdown". POLITICO . Retrieved 12 May 2020. Zero Hedge, a pop fringe website known for its conspiratorial posts
  29. ^ a b c Broderick, Ryan (31 January 2020). "A Pro-Trump Blog Doxed A Chinese Scientist It Falsely Accused Of Creating The Coronavirus Equally A Bioweapon". BuzzFeed News . Retrieved 31 Jan 2020.
  30. ^ Zhang, Chi (19 April 2018). "WeChatting American Politics: Misinformation, Polarization, and Immigrant Chinese Media". Columbia Journalism Review . Retrieved 9 February 2021.
  31. ^ Kreps, Sarah (26 June 2020). "The role of technology in online misinformation". Brookings Institution. p. 4. Retrieved 9 Feb 2021.
  32. ^ Dornan, Christopher. "Scientific discipline Disinformation in a Time of Pandemic". Public Policy Forum. p. 15. Retrieved nine February 2021.
  33. ^ a b Wallace-Wells, Benjamin (five May 2016). "Is the Alt-Right for Real?". The New Yorker.
  34. ^ a b Alexandra Scaggs (27 June 2017). "A weekend in Texas with ZeroHedge readers, Role 1". Financial Times. It probably didn't aid that ZeroHedge was as well used as a lead-in for a 2016 New Yorker piece about the alt-right, despite its financial focus and a political bent that is more Drudge than Richard Spencer.
  35. ^ a b Ben Collins; Brandy Zadrozny (20 November 2019). "Every bit Sondland testified, a misleading Ukraine story spread among conservatives on social media". NBC News . Retrieved 22 November 2019.
  36. ^ a b Tracy Alloway (12 March 2019). "Aught Hedge Says Facebook Banned Users From Sharing Its Posts". Bloomberg News. Retrieved 12 March 2019. Since beingness founded in the depths of the fiscal crunch, Zero Hedge has built a defended post-obit by serving upwardly a mix of hardcore fiscal analysis and populist political commentary.
  37. ^ a b Murphy, Mike (12 March 2019). "Facebook lifts ban on Zero Hedge articles after 'error'". MarketWatch . Retrieved 13 March 2019. Zero Hedge has a right-leaning, anti-establishment bent, and is a frequent Facebook critic. Some had speculated it had been caught upwardly in Facebook's ongoing efforts to root out "fake news" and misinformation or to silence a critical, conservative voice.
  38. ^ a b Bhalla, Aakriti; Venkat, Rama (13 June 2020). Holmes, David (ed.). "Twitter restores account of financial market website Null Hedge". Reuters . Retrieved nineteen June 2020.
  39. ^ "Wall Street's diarrhea shi(f)ting to Park Street er... Avenue". Zero Hedge. nine January 2009.
  40. ^ a b c Moore, Galen (19 Dec 2012). "Banking company of America blocks employees from reading Zero Hedge weblog". Boston Business Periodical.
  41. ^ "FINRA Bars Two Registered Representatives for Insider Trading". Fiscal Industry Regulatory Authority. 11 September 2008. In May 2005, Ivandjiiski became employed by some other firm, Miller Buckfire & Co. Even so, earlier the financing deal for Hawaiian Holdings was appear, he obtained confidential documents that his former firm had prepared concerning the impending deal. On March xiv, 2006, while in possession of that cloth, non-public information, Ivandjiiski bought k shares of Hawaiian Holdings for $4.75 a share. On March 15th, when the new financing was publicly announced, the share price of Hawaiian Holdings increased half dozen%, to close at $5.thirty. On March 21, 2006, Ivandjiiski sold his 1,000 shares of Hawaiian Holdings stock for $five.53 per share, for a profit of $780. In settling these matters, neither Kelly nor Ivandjiiski admitted nor denied the charges, but consented to the entry of FINRA'south findings
  42. ^ a b c d Fox, Justin (10 Oct 2009). "Wall Streeters like conspiracy theories. Always accept". Time.
  43. ^ "Broker Bank check: DANIEL KRASSIMIROV IVANDJIISKI CRD#: 4445294 BARRED". Financial Manufacture Regulatory Authority. FINRA has barred this individual from acting every bit a banker or otherwise associating with a broker-dealer firm.
  44. ^ "Wexford Capital makes two new hires". HFMWeek. September 2007. Wexford Upper-case letter has hired Daniel Ivandjiiski and Cesar Gonzalez
  45. ^ "Nigh Us". Top Secret.
  46. ^ "Tim Backshall'south Trading Ideas". Institutional Investor. 28 February 2008. Backshall, 36, who hails from the s of London, says he'southward "been working in and around the credit derivatives market since it started," get-go with Bankers Trust and Deutsche Bank, with tours of duty in London, New York and Tokyo, earlier joining MSCI-Barra, where he created that firm'due south credit offerings. Now, he brings his decade-plus experience in modeling and risk management to CDR at its Walnut Creek, Calif. Part.
  47. ^ "Colin Lokey (Poli Sci undergrad. MBA. Repo (market) man. Geopolitics junkie.)". Seeking Blastoff. User 984857
  48. ^ Volition Martin (29 Apr 2016). "The real identities of 'Tyler Durden' and Zero Hedge accept been revealed". Business organization Insider.
  49. ^ Callum Burroughs (13 March 2019). "Facebook says Zero Hedge ban was a 'error' amid uproar over big tech censorship of conservative content". Business Insider . Retrieved fifteen March 2019. A backlash from figures including the President'due south son, Donald Trump Jr., Paul Joseph Watson, and Nigel Farage sparked reactions related to ceremonious liberties surrounding conservative voices on social media.
  50. ^ David Brennan (19 March 2019). "4chan, 8chan, LiveLeak and Others Blocked by Australian Internet Companies over Mosque Massacre Video". Newsweek . Retrieved nineteen March 2019.
  51. ^ "Telstra and Vodafone temporarily block websites after Christchurch attack". It News. nextmedia. Retrieved 19 March 2019.
  52. ^ "Capricious site blocks a 'slippery slope'". Retrieved 25 March 2019.
  53. ^ Kate Gibson (3 February 2020). "Twitter bans Naught Hedge later on it posts coronavirus conspiracy theory". CBS News . Retrieved 4 February 2020.
  54. ^ Aakriti Bhalla; Kanishka Singh (2 February 2020). "Financial market place website Zero Hedge knocked off Twitter over coronavirus story". Reuters . Retrieved 2 Feb 2020. Goose egg Hedge, which covers generally finance and economics, had more than 670,000 followers on Twitter as of its suspension.
  55. ^ Fraser, Adele-Momoko (16 June 2020). "Google bans website ZeroHedge from its advertizement platform over comments on protest articles". NBC News . Retrieved 17 June 2020.
  56. ^ Hatmaker, Taylor (16 June 2020). "Google kicked ZeroHedge off its advert platform, put The Federalist on notice for racist protest content". TechCrunch . Retrieved 17 June 2020.
  57. ^ Graham, Megan (14 July 2020). "Google says Zero Hedge tin run Google ads once more after removing 'derogatory' comments". CNBC. Retrieved xvi July 2020.
  58. ^ "Status Update". Archived from the original on 18 June 2020.
  59. ^ "PayPal closed for Zilch Hedge". Twitter . Retrieved 21 July 2020.
  60. ^ "RfC". 16 July 2020.
  61. ^ "Zero Hedge Manifesto". Goose egg Hedge. 2009.
  62. ^ "Money is gold ... and nil else". Zero Hedge. five May 2018.
  63. ^ "The Follies & Fallacies Of Keynesian Economics". Zero Hedge. 22 February 2016.
  64. ^ "Why Japan's Money Printing Madness Matters". Zero Hedge. 19 November 2014.
  65. ^ a b "Why Paul Krugman Is An Imbecile—or a Fraud". Naught Hedge. 9 July 2010.
  66. ^ "The Keynesian Cult Has Failed: "Emergency" Stimulus Is At present Permanent". Zero Hedge. 24 May 2017.
  67. ^ Jeffrey Snider (24 May 2015). "Nihon's Cleaved Economy - 25 Years Of Failed "Stimulus" & "Temporary Illusions"". Nada Hedge.
  68. ^ Min Jeong Lee; Toshiro Hasegawa (three April 2018). "The Depository financial institution of Nihon Steps Up With Tape Buys of Local Stocks". Bloomberg.com. Bloomberg Fifty.P.
  69. ^ "BOJ Is Now A Top-10 Shareholder In 40% Of All Japanese Companies; Owns 42% Of All Government Bonds". Zero Hedge. 27 June 2018.
  70. ^ a b Paul Kedrosky (eleven March 2011). "The 25 All-time Financial Blogs: 9 Zero Hedge". Time.
  71. ^ "Goldman Sachs's Elevation 8 Disrupters". The Wall Street Journal. 9 August 2013. The website Nix Hedge got its easily on Goldman Sachs's report on the acme eight confusing themes for investors to watch. Among them: 3-D printing and big information.
  72. ^ "The Finance 202: Trump buys Chinese line on tariffs". Washington Post. 11 Apr 2018. A Citigroup note to clients quoted by the finance blog Zippo Hedge said a "conscientious read of the original text in Chinese reveals that the speech was more a reiteration of existing commitments rather than new major initiatives or concessions to Trump."
  73. ^ Min Zing (11 Apr 2011). "Pimco Goes Negative on U.S. Debt". Wall Street Journal. Mark Porterfield, Pimco's spokesman, didn't immediately respond to questions regarding the data. Financial blog Zero Hedge reported the data earlier on Dominicus.
  74. ^ Mark Gongloff (23 September 2011). "Morgan Stanley: Banks Take on Zippo Hedge". The Wall Street Journal.
  75. ^ Jasper Moiseiwitsch (26 Dec 2017). "Euro hitting by sudden Christmas Solar day slide". Financial Times. The sell-off was beginning reported by markets-focused blog Zero Hedge, which attributed it to programme-trading and low volumes.
  76. ^ Gregory Zuckerman (28 Dec 2015). "Zero Hedge reports Hedge Fund Firm Whitebox Closes Its Mutual Funds". The Wall Street Journal.
  77. ^ "Aught HEDGE: Loftier Frequency Trader Fined: 'Quote-Stuffing' Crackdown Itinerant?". The Wall Street Journal. xiii September 2010.
  78. ^ Alan Abelson (thirteen July 2009). "What Has Sergey Wrought?". Barrons. We'd be remiss in not crediting Tyler Durden and his feisty Nada Hedge blog for early coverage of the Aleynikov affair and helping to make the dog days of summertime a tad less doggy. Nosotros suspect the folks at Goldman may non concur, just call back how dull life would exist if everyone agreed.
  79. ^ "Search: Dennis Gartman". Cypher Hedge.
  80. ^ a b "Search: Paul Krugman". Zero Hedge.
  81. ^ "Search: Whitney Tilson". Zero Hedge.
  82. ^ "United states accuses financial website of spreading Russian propaganda". ABC News . Retrieved 15 February 2022.
  83. ^ "Nada Hedge'due south Bloomberg Podcast: Why Did Bloomberg Delete It?". Seeking Alpha. 23 August 2009. Tyler Durden of Zero Hedge was on the program talking to Pimm about what Loftier-Frequency Trading is, who the participants are and why information technology is or why it is non a expert thing. I institute Durden, who spoke with a slight emphasis, to be very knowledgeable about the topic and adequately even-handed in his analysis. ... Merely the podcast and any mention of Durden disappeared from Bloomberg 's site
  84. ^ Tim Play tricks, Interview with "Tyler Durden" on Taking Stock [ permanent dead link ] (MP3) Bloomberg Radio. (20 Baronial 2009). Retrieved 4 Dec 2011
  85. ^ "Why Did Financial Flamethrower Zero Hedge Go All in on Conspiracy Theories?". Institutional Investor . Retrieved 4 July 2021.
  86. ^ Salmon, Felix (30 September 2009). "The Nix Hedgies". Reuters Blogs. Archived from the original on 3 October 2009.
  87. ^ Taibbi, Matt, Griftopia, New York: Spiegel & Grau (2010), p. 208 ISBN 978-0-385-52995-2
  88. ^ Ryan Chittum, Insurer Alleges Fraud past Bear Stearns and JPMorgan, Columbia Journalism Review (25 January 2011).
  89. ^ Craig, Susanne (4 October 2011). "Morgan Tries to Quell Rumors About Its Holdings", The New York Times.
  90. ^ Pirrong, Craig. How Do You Know That Zero Hedge is a Russian Information Operation? Here'due south How, Streetwise Professor (xx November 2014)
  91. ^ Pirrong, Craig. Peas in a Pod: Occupy, RT, and Nil Hedge, Streetwise Professor (7 November 2011)
  92. ^ David Kocieniewski (27 December 2013). "Academics Who Defend Wall St. Reap Reward". New York Times. What Mr. Pirrong has routinely left out of most of his public pronouncements in favor of speculation is that he has reaped fiscal benefits from speculators and some of the largest players in the commodities business, The New York Times has plant.
  93. ^ "Glencore's investment grade bonds". Cypher Hedge. xviii January 2016.
  94. ^ Krugman, Paul (21 September 2015). "Nutcases and Knut Cases", The New York Times.
  95. ^ Krugman, Paul (21 Nov 2012). "All Hail Calculated Risk", The New York Times.
  96. ^ "SUPREME COURT OF THE STATE OF NEW YORK: NOBLE INVESTMENTS LIMITED vs. KEITH DALRYMPLE VICTORIA DALRYMPLE, DALRYMPLE FINANCE LLC, AND JOHN DOES 1 - 100" (PDF). 27 March 2012. p. 35. Daniel Ivandjiiski
  97. ^ Neil Weinberg (ten January 2011). "Gerova Financial Group An NYSE-listed Beat out Game: Report". Forbes.
  98. ^ "Allegations Of "Shell Game" Fraud Involving Gerova Financial Group (GFC)". Zero Hedge. ten Jan 2011.
  99. ^ "Fourth dimension For Chinese Fraudcaps To Leave Phase Left". Zip Hedge. eight June 2011.
  100. ^ "SEC Charges Half dozen in Stock Fraud Scheme". U.S. Securities and Exchange Commission. 24 September 2015.
  101. ^ Antoine Gara (24 September 2015). "Usa Attorney Preet Bharara Indicts Masterminds Behind Gerova Financial Pump And Dump". Forbes.
  102. ^ "Father, son in Gerova stock scam get six years prison". Reuters. 16 February 2017. John Galanis, 73, and his son Derek, 44, were also ordered past U.S. Commune Estimate Kevin Castel in Manhattan to forfeit $xix.04 meg, after pleading guilty terminal summer to securities fraud and conspiracy charges. The Galanises were also sentenced to three years of supervised release.
  103. ^ "Ex-Gerova chairman gets vi-one/ii years prison over stock scam". Reuters. iii August 2017. Galanis was sentenced in Feb to 11-i/4 years in prison. His begetter and two brothers as well received prison terms. One defendant remains at large.

External links

  • Official website

hagerlaiden.blogspot.com

Source: https://en.wikipedia.org/wiki/Zero_Hedge

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