THE STREET.COM "ethics" statement....???
TheStreet.com's Conflicts and Disclosure Policy
Editorial Staffers
To avoid any appearance that our reporting is driven by personal interest,
TheStreet.com, Inc. does not permit any employees on its editorial staff to
individually hold positions in individual stocks, though they are permitted to own
stock in TheStreet.com, Inc. (TSCM:Nasdaq - news - commentary - research).
The restriction is, to our knowledge, among the most stringent in financial
journalism.
Editorial staffers are permitted to own mutual funds. However, if a staffer writes
about a mutual fund in which he or she holds shares, appropriate disclosure is
made. Furthermore, editorial staff reporters whose beat covers a particular industry
are not permitted to hold shares in closed-end or exchange-traded mutual funds
that are primarily focused on that industry.
Board Members and Business Staffers
Similarly, restrictions have been placed upon the involvement of the board
members and business staffers of TheStreet.com, Inc., including columnist and
board member James J. Cramer, in the editorial content of the magazine. Board
members and business staffers are not permitted to discuss individual stocks with
editorial staffers of TheStreet.com, RealMoney or ipoPros. Moreover, as a general
matter, neither board members nor business staffers -- nor anyone else outside of
editorial staff of and contributors toTheStreet.com, RealMoney or ipoPros -- are
informed of the contents of any of our stories prior to their being posted on the
sites.
Outside Columnists
Outside contributing columnists for TheStreet.com and RealMoney.com, including
Mr. Cramer, may from time to time write about stocks in which they or their firms
have a position. In such cases, appropriate disclosure is made.
Neither Mr. Cramer nor any other contributing columnist who owns stocks will
respond to questions received via TheStreet.com for any individual investment
advice or money management assistance. Nor will he respond to any email
requests for guidance with regard to securities, except possibly to refer the writer
to our publications and to this statement.
TheStreet.com, Inc. Investors
Major investors in TheStreet.com include Flatiron Partners, JP Morgan Chase
unit, JP Morgan Partners (BHCA), L.P. (formerly Chase Capital Partners), 3i
Group PLC, ETF Holding N.V. and Rocker Partners, L.P. In all stories
concerned with these companies, TheStreet.com notes their ownership stakes.
TheStreet.com, Inc. Underwriters
Goldman Sachs, Hambrecht & Quist and Thomas Weisel Partners
underwrote the initial public offering for TheStreet.com, Inc.
Distribution Alliances
TheStreet.com, Inc. has distribution alliances with many companies, including
America Online; Charles Schwab; MSN Money, a division of Microsoft
Corporation; Motorola; Quicken.com, owned by Intuit; wireless providers
Palm, Inc. (recently spun off from 3Com, AvantGo and GoAmerica); and
Yahoo!. We have a revenue-sharing arrangement with Amazon.com. |
