http://www.bloomberg.com/news/artic...behind-zero-hedge-wall-street-s-renegade-blog “On a long enough timeline the survival rate for everyone drops to zero.”
Looks like the guy who left had some issues. The response... http://www.zerohedge.com/news/2016-04-29/full-story-behind-bloombergs-attempt-unmask-zero-hedge
I've learned many things from zerohedge that MSM would not touch. Inconvenient truths that MSM stays away from. They even beat bloomberg to market moving news many times which has put money in my pocket so that in itself is valuable. Sure they could be seen as glass half empty, but I mean every time you turn your local news you are seeing the latest murders in your hometown so almost all news is crappy. It sells. You could say ZH is a gold advocate and wary of central banks. You could say CNBC is a fiat money pumping CB cheerleader . Good to see a little balance out there. To each their own.
They beat Bloomberg and other outlets because some of the organizations have policies where reports have to be verified before they are reported
They're in the financial doom porn biz. If my income depended on doom porn, I would report a bunch of crazy doom porn.
They shot they're load awhile ago but atleast they were on the forefront of the HFT shit show...they deserve the ultimate props.
From the Bloomberg article: "Ivandjiiski worked for a hedge fund before being barred by the Financial Industry Regulatory Authority in 2008 for insider trading. He didn’t admit or deny wrongdoing, the agency said." So I don't go to zero hedge very often (ok never, just links from here on ET), but everything I have read there is a rant against the corrupt system and unfair advantages of those on the inside. Turns out it is coming from an a douche that got barred for insider trading? Heh
You gotta have a strong filter to read Zeroheddge. I like to read these guys but I also like watching bugs swarm around a light as that is wasted time as well.