Herb Greenberg
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Herb Greenberg, an American journalist, was a columnist for MarketWatch.com up until May 1, 2008. He is also a frequent guest contributor on various CNBC shows, including Fast Money and Jim Cramer's Mad Money.
On May 1, 2008, Greenberg left MarketWatch.com to pursue a second career, starting an equity research firm with Debbie Meritz, an analyst & accountant and frequent source of story leads for Mr. Greenberg in the past. The new firm, whose name has not been chosen yet, will be a subscription-only research firm targeting hedge funds and high-net worth individuals looking to pay for short-side research.
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[edit] Biography
Greenberg has been primarily a columnist for financial news websites for the last ten years. Before joining MarketWatch.com, Greenberg was a columnist for TheStreet.com for six years. He also had his own America Online business commentary site, Bizinsider.[1]
Greenberg was also newspaper columnist for many years before transitioning to online journalism. He was a senior columnist for the San Francisco Chronicle's Business section for ten years. Greenberg was also a New York-based financial correspondent for the Chicago Tribune after transferring from its Chicago newsroom, where he covered the food and restaurant industry. Greenberg has also worked for Crain's Chicago Business, the St. Paul Pioneer Press, Amusement Business, and the Boca Raton News.
Greenberg, who resides in San Diego, California, is an alumnus of the University of Miami with a bachelor's degree in journalism.
[edit] SEC subpoena
In February 2006, Greenberg and other journalists were served subpoenas from the Securities and Exchange Commission (SEC) demanding records of phone and e-mail communications with sources for an investigation of which the journalists were not the target. In a rare public reprimand, SEC chairman Christopher Cox said that he was not consulted prior to the issuance of the subpoenas by the SEC's San Francisco office, and that the "subpoena to a journalist which seeks to compel production of his or her notes and records of conversations with sources is highly unusual."
The subpoenas were harshly criticized by the media and by First Amendment groups. In an editorial, The Wall Street Journal said that "SEC scolds are harassing journalists who report market-moving facts based on their daily digging." The newspaper said "the journalists are suspected of having sources who tell them things that they then share with their readers or listeners. Where we come from this is called reporting, or providing facts to investors who can then make more informed decisions."[1] Shortly after the subpoenas were disclosed, the SEC reversed course and said it would not enforce them. The investigation concerned a research firm called Gradient Analytics, which was subsequently dropped.[2] [3]
[edit] References
- ^ "Subpoena Education," The Wall Street Journal, March 2, 2006
- ^ Kathleen Pender,San Francisco Chronicle (February 28,2006). SEC may have jumped the gun on subpoenas.
- ^ Marcy Gordon, Associated Press (February 14, 2007). SEC Ends Probe of Gradient.