Matthew Goldstein

Matthew Goldstein is a New York Times Business reporter focusing on white collar crime and the financialization of the housing market. He has been a working reporter for more than three decades and has covered some of the biggest scandals on Wall Street during that time. As a Times journalist, he shares the values and adheres to the standards of integrity outlined in The Times's Ethical Journalism Handbook, always working to be fair, balanced, and accurate in his reporting. Matthew does not own individual stocks but invests in retirement accounts mainly in mutual funds, ETFs, CDs and Treasuries. He can be contacted via email or through his social media handles @mattgoldstein26.

Biography:  https://www.nytimes.com/by/matthew-goldstein

86%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

90%

Examples:

  • The author has a slight emphasis on presenting the negative impacts of financial scandals and Wall Street's influence on the housing market.
  • The author mentions being a working reporter for over three decades, covering some of the biggest Wall Street scandals.

Conflicts of Interest

88%

Examples:

  • One article mentions that Jeff Yass was a major Republican donor and an early investor in Trump Media's merger partner, Digital World Acquisition Corp.
  • The author does not own individual stocks but invests in retirement accounts mainly in mutual funds, ETFs, CDs and Treasuries.

Contradictions

85%

Examples:

  • Another article mentions that Susquehanna used offsetting securities to try to minimize its gains or losses in Digital World, which contradicts the information provided in other articles.
  • In one article, there are contradictory statements about Archegos' net worth and the overall value of the stocks it owned.

Deceptions

82%

Examples:

  • An article about Jeff Yass omits information about his political donations and potential bias towards the GOP.
  • Another article suggests that Trump Media has been approved for a merger when it hasn't yet.
  • The article about the trial of Bill Hwang does not mention his previous convictions or past deceptions.

Recent Articles

Bill Hwang Found Guilty of Criminal Charges in Archegos Capital Management Collapse, Faces Up to 20 Years in Prison

Bill Hwang Found Guilty of Criminal Charges in Archegos Capital Management Collapse, Faces Up to 20 Years in Prison

Broke On: Wednesday, 10 July 2024 Bill Hwang, Archegos Capital Management founder, was convicted of securities fraud, wire fraud and conspiracy in two Manhattan federal court trials. The collapse of his firm resulted in $10 billion in losses for Wall Street banks and led to the sudden seismic effect on the market due to Hwang's large positions in ViacomCBS, Tencent and Discovery. Prosecutors allege Archegos used 'total return swaps' to gain stock exposure without ownership while hiding massive positions from banks.
Trump Media & Technology Group Reports Net Loss of $327.6 Million in Q1 2024

Trump Media & Technology Group Reports Net Loss of $327.6 Million in Q1 2024

Broke On: Monday, 20 May 2024 Trump Media & Technology Group (TMTG) reported a net loss of $327.6 million and revenue of $770,500 in Q1 2024 due to non-cash expenses from merger with Digital World Acquisition Corp. Despite losses, CEO Devin Nunes remains optimistic.
Bill Hwang's Racketeering Trial: Insights into Archegos Capital Management's Collapse and Alleged Securities Fraud

Bill Hwang's Racketeering Trial: Insights into Archegos Capital Management's Collapse and Alleged Securities Fraud

Broke On: Wednesday, 08 May 2024 Bill Hwang, Archegos Capital Management founder, faces trial in Manhattan federal court for racketeering conspiracy and securities fraud over allegations of using derivatives to secretly amass large stock positions without ownership, causing losses when prices fell. The complex case involves Hwang's relationships with global banks and lies about holdings. Archegos' collapse in 2021 resulted from $36B hedge fund's use of total return swaps for outsized stakes without ownership, leading to significant losses for major financial institutions.
Trump Media Reports $50 Million Losses in First Three Quarters of 2023

Trump Media Reports $50 Million Losses in First Three Quarters of 2023

Broke On: Monday, 25 March 2024 Trump Media, a recently merged company with Digital World Acquisition Corp., reported losses of nearly $50 million in the first three financial quarters of 2023. Despite revenue less than $3.5 million during this time.
Trump Media Merger Approved: Truth Social Goes Public, Raising Billions for Trump and Potentially Helping Pay Legal Bills

Trump Media Merger Approved: Truth Social Goes Public, Raising Billions for Trump and Potentially Helping Pay Legal Bills

Broke On: Saturday, 23 March 2024 Truth Social, a social media company founded by former President Donald Trump, has become a public company through a merger that will increase his wealth and potentially help pay legal bills. The deal was approved by shareholders including Susquehanna Holdings L.P., the largest institutional investor in Truth Social.

FTX CEO Sam Bankman-Fried Testifies in Fraud Trial

Broke On: Friday, 27 October 2023 Sam Bankman-Fried, CEO of FTX, testified in a fraud trial on October 27, 2023 Bankman-Fried is not the defendant in the trial