Mike Stathis

Mike Stathis is the chief investment strategist of AVA Investment Analytics, a financial research firm catering to financial institutions.[1][2]

He also serves as the managing principal of the venture capital firm Apex Venture Advisors.[3]

At the height of the financial crisis of 2008, within days of the seizure of Washington Mutual by the Office of Thrift Supervision, Stathis issued a formal complaint to the Securities and Exchange Commission, demonstrating evidence of insider trading. The complaint also alleged that Washington Mutual was not insolvent, and several Wall Street firms and hedge funds had conspired to short the stock. He also stated that he spoke with a reporter from the Associated Press who told him that he was contacted by a Washington Mutual executive hours before the seizure, telling the reporter that it would happen for “political reasons.” In later criticisms, Stathis discussed that the neither the FDIC nor OTS ever disclosed any evidence of Washington Mutual's insolvency.[4]

Stathis has written extensively regarding what he has documented as corporate fascism in the United States.[5][6][7]

Most of these publications can be found only on his company website, but several appear on Veterans Today.[8] He has also written about financial and accounting tactics used by Washington,[9] written about poverty,[10] Wall Street fraud, and focuses much of his writings on social justice.

He has attributed the nation's economic decline primarily to the effects of free trade and other aspects of globalization, as well as the nation's poorly structured and "inefficient" healthcare system.[11][12]

He has been interviewed only on rare occasion by a couple of mainstream media journalists.[13]

Certain articles fuel speculation that his views may be anti-Semitic, particularly an article titled "Jewish Mafia Tied to Death of America" where he is quoted as writing: "There is but one solution. The root cause of this cancer must be extracted. This would be the Jewish Mafia. The objectives of the Jewish Mafia include both Zionist and non-Zionist elements. Their main goal is to extract all wealth from every nation and seize complete control of the entire world. Until Americans come to acknowledge the role of the Jewish Mafia in the subversion of their nation, they will remain enslaved indefinitely. The same applies to Canada, Australia and all of Europe.” [14]

He has appeared on the Thom Hartmann Show,[15] Financial Sense,[16] and the Jerry Doyle Show.

In July 2008, when interviewed by CNN, he was quoted as saying that Fannie Mae and Freddie Mac held "$1.4 trillion on their books." [17]

His Press TV biography indicates that he holds an MSc in Biological Chemistry and Biophysics from the University of Pennsylvania and was a National Science Foundation research fellow at UC Berkeley.[18]

He previously worked for UBS and Bear Stearns in asset management and merchant banking. where he dealt with institutional investors, including corporate treasury departments and pension funds. His investment expertise spans several industries, but his technology focus in both the public and private markets is healthcare (including healthcare IT) and biopharma.[19]

Published books

References