How rich is Henry Blodget?
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He’s forever prohibited from participation in the securities industry. In 2002, then New York State Attorney General Eliot Spitzer released Merrill Lynch emails in which Blodget gave evaluations about stocks which supposedly conflicted with what was openly released. In 2003, he was charged with civil securities fraud from the U.S. Securities and Exchange Commission. He became the CEO, Co Founder, and Editor in Chief of Silicon Alley Insider (http://www.alleyinsider.com/), where he was a regular contributor to the Seeking Alpha Software web site. As of 2012, he’s the CEO/editor in chief of The Business Insider, a site about Internet business trends and research. He’s a regular contributor to the magazines Slate, Newsweek, and New York. He started writing for Slate in January 2004, initially covering the Martha Stewart trials. In July 2004, Blodget started composing a four-part, 13-post collection entitled “The Wall Street Self-Defense Manual” for the magazine. Blodget’s later posts for the magazine have centered on the yield-restrictive activities of individual investors, including listening to analysts as well as the financial media, and relying on effective direction for example mutual and hedge funds. His Slate posts about investing carry a seven-paragraph disclosure of likely future conflicts of interest. He released The Wall Street Self-Defense Manual: A Customer’s Guide to Sensible Investing in January 2007. He now lives in Brooklyn.