An article suggests that Treasury Secretary John Paulson leaked insider information.  It’s catchy headline says “How Paulson Gave Hedge Funds Advance Word“.  But timing of the trades shows the word was clearly not in advance.

According to the article:

• From July 9 to July 14, short interest rose from 86.3 million shares to 163 million shares–that’s 88% in less than week
• On July 21, short interest continued to rise, to 240 million shares–that’s another 50% in 1 week
• On July 21, Paulson gave the notice to investors suggesting a short was a good trade
• On July 24, short interest peaked at  262 million shares–that’s just a 10% increase after the meeting

I don’t understand how it can be construed that Paulson gave advance notice if the bulk of the shares sold short ( 240 million out of 262 million shares ) were sold before the meeting.

Disclaimers: This is just my opinion — I did not speak to my brother with the SEC. I do not know what other information may have been revealed by Treasury staffers to investors earlier in July, when there was a large increase in short interest.

KartMe.com and KartMe Mobile are looking for Co-Founders.  Get in a growing, funded business at the ground level!

About the Company

KartMe is the first web and mobile tool to save mobile photos and web links in shareable online lists, making it easy to organize and share clippings, family recipes, wedding inspirations, and more. Apple has twice named a KartMe Mobile a “Staff Pick”.  Over 20,000 recipes, gifts, and more have been organized on KartMe.com.  Cosmopolitan, The Washington Post, TechRadar, and other leading publications have featured KartMe.com and KartMe Mobile.  KartMe is seed funded by investors who have done over 100 private deals, including Vans, IdeaPaint, LocalMatters.com, and more.  You can try KartMe free at http://kartme.com and learn more at http://kartme.com/about.

Business Development Co-Founder

KartMe seeks a Business Development executive to pursue opportunities to partner with leading consumer brands.  KartMe’s  social and mobile technology has made it very easy to open doors at leading companies.  KartMe has compelling engagement statistics (pageviews, time-on-site) and has already completed one major deal, with a second in the works. We’re looking for someone to pursue new digital media opportunities.  The ideal person has closed deals, with experience working both in an entrepreneurial environment and in a large company.

Product Design & Marketing Co-Founder

KartMe seeks a Product Design & Marketing manager to improve the user experience.  KartMe members have added 20,000 items to lists, and we want to make them even more engaged and social.  The ideal person will have experience working in an entrepreneurial environment, and is excited to engage with members and execute to tests to improve retention and virality.  Appreciation for beautiful graphic design and actionable a/b testing is a must.

All positions are located in the fun, food, and fashion capital of the world, NYC.

For more information about the opportunities, contact Phil Michaelson, phil at kartme.com.