Herb Greenberg is the editor of Herb Greenberg's Reality Check, a subscription newsletter designed to help investors better manage risk. He writes a daily blog for TheStreet's main free website and contributes to its Real Money's "Columnist Conversation" column as well as being a regular contributor for CNBC.
Greenberg has been a financial journalist for more than 30 years, working most recently as a senior stocks commentator on CNBC's Business Day programming and on CNBC.com. He was also co-president of Greenberg Meritz Research & Analytics. He is a former weekend investor columnist for The Wall Street Journal and a former senior columnist for MartketWatch.
Prior to joining MarketWatch, Greenberg was senior columnist for TheStreet.com. He previously spent 10 years as the "Business Insider" columnist for the San Francisco Chronicle and nearly seven years as Fortune magazine's monthly "Against the Grain" columnist.
He also was the New York financial correspondent for the Chicago Tribune and a financial reporter in its Chicago newsroom. Greenberg has held various positions at other media outlets including Crain's Chicago Business and the St. Paul Pioneer Press.
Greenberg holds a bachelor's degree in journalism from the University of Miami.
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I generally regard company disclosures of SEC investigations as MERELY a headline. Investigations, it appears, have become a commodity with little to show in the end. The good news is that there’s an inquiry; the bad — rarely do they find anything or does any company get severely penalized.
Shares of Green Mountain Coffee, which makes those K-Cup coffee pods, have taken a hit after the company’s disclosure yesterday that it overstated revenue last quarter related to an inter-company markup in its inventory balance.
When the Senate HELP Committee holds its hearing on for-profit schools Thursday, it's likely to get an earful from Kathleen Bittel, a current employee of Education Management.
When the Senate HELP Committee holds its hearing on for-profit schools Thursday, it's likely to get an earful from Kathleen Bittel, a current employee of Education Management. Education Management spacer, whose Art Institutes represent more than half its enrollment, went public last October. The company’s largest investor is Goldman Sachs spacer. In SEC filings the company claims that around 85 percent of its students land jobs in their field or a “related field” within six months of graduation.
“If the very nature of these ‘creation units’ is beyond the comprehension of most investors, the actual mechanics of ETFs involve an even far more complex matrix of transactions.”
That comment by me last week about the guts of an ETF created somewhat of a stir in the blogosphere and in the ETF industry—as did the topic of the piece I had written, which was headlined: “Can an ETF collapse?”
The Department of Education, which issued a timeline Friday for the 14 issues in its gainful employment ruling, continued to cause volatility among players in the for-profit college arena.