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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 stated that within a few weeks of submitting his complaint, he was visited by federal agents who held him in an interrogation room for questioning. As a result of this, Stathis stated that he felt bullied and did not release the SEC compliant into the public domain until a year later.[5][6]

Stathis has written extensively regarding what he has documented as corporate fascism in the United States.[7][8][9]

Most of these publications can be found only on his company website, but several appear on Veterans Today.[10] He has also written about financial and accounting tactics used by Washington,[11] written about poverty,[12] 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.[13][14]

Stathis has written articles for the Iranian state-owned Press TV. Stathis has shown substantial basis for his views in the role of the IMF intentionally destroying the Greek economy, and he draws upon IMF data and the organization's own admission that Southeastern European nations began to experience significant economic difficulties immediately following their inclusion into the European Union.

He anticipated the collapse of the United States housing market, the financial crisis, including the bailout of Fannie Mae and Freddie Mac, the collapse of the Dow Jones Industrial Average to approximately 6200, and the collapse of the global equities markets leading to a global recession and depression in the U.S. in his 2006 book, America's Financial Apocalypse.

He has stated extensively that he has been black-listed by the U.S. media because he speaks the truth about the fraud on Wall Street, corporate America, and the U.S. government. This began with the release of his book, America's Financial Apocalypse in 2006. The book was banned by all U.S. publishers despite the fact that it predicted nearly every detail of the financial crisis and economic collapse in advance. He has been interviewed only on rare occasion by a couple of mainstream media journalists.[15]

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.” [16]

He has appeared on the Thom Hartmann Show,[17] Financial Sense,[18] 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." [19]

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.[20]

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.[21]

Published books[edit]

References[edit]

  1. ^ http://www.avaresearch.com
  2. ^ http://seekingalpha.com/author/mike-stathis
  3. ^ http://www.apexva.com
  4. ^ http://www.avaresearch.com/ava-main-website/files/20090930175434.pdf?page=files/20090930175434.pdf
  5. ^ http://avaresearch.com/avanew/articles/391/WaMu-One-Year-Later-and-Still-No-Indictments.html
  6. ^ http://avaresearch.com/avanew/articles/404/WaMu-Insider-Trading-%5E-Naked-Short-Selling.html
  7. ^ http://www.presstv.ir/detail/2012/08/24/257948/us-elites-feast-on-record-profits.html
  8. ^ http://www.presstv.ir/detail/2012/09/11/260933/america-dread-remains-of-a-dream.html
  9. ^ http://www.presstv.ir/detail/2012/11/07/270940/free-trade-boosts-corporate-profits.html
  10. ^ http://www.veteranstoday.com/author/stathis.html
  11. ^ http://www.veteranstoday.com/2011/06/14/how-washington-manipulates-economic-data-trick-1-hedonic-pricing.html
  12. ^ http://www.veteranstoday.com/2011/06/11/poverty-in-america-the-big-picture.htlm
  13. ^ http://www.veteranstoday.com/2011/05/24/america-healthcare-solution.html
  14. ^ http://www.veteranstoday.com/2011/05/29/the-hidden-danger-of-vermonts-universal-healthcare-plan.html
  15. ^ http://www.avaresearch.com/article_details-341.html
  16. ^ http://www.presstv.com/detail/2013/01/03/281521/jewish-mafia-tied-to-death-of-america
  17. ^ http://www.thomhartmann.com/blog/2008/11/november-10-2008-show-notes
  18. ^ http://www.financialsense.com/Experts/2007/Stathis.html
  19. ^ http://money.cnn.com/2008/07/11/news/economy/fannie_freddie.fortune/index.htm
  20. ^ http://www.presstv.ir/Contributors/249184.html
  21. ^ http://www.avaresearch.com/avanew/pages/3/AVA-Investment-Analytics.html

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