James Fishback's Azoria launched its first ETF on July 8th , the Azoria 500 Meritocracy ETF (“SPXM”).
Since then he has joined the Trump fight against the Fed. Barron's reported Fishback as involved in the dismissal of Fed Governor Lisa Cook and being a general Fed irritant (via a specious lawsuit).
In early August VIN News ran a story about Fishback being a Fed Governor candidate. Give me a break. The guy is two years out from being a hedge fund analyst.
Below is information from Greenlight Capital's lawsuit against their former employee.
Nature of the Action1. Fishback is a former Greenlight Research Analyst who left Greenlight on August 15, 2023. Correctly deducing that he was about to be terminated for his poor performance and lack of accountability, Fishback resigned on July 31, 2023. Ever since, he has been on a campaign to harass, intimidate and defame Greenlight and its co-founder, David Einhorn, by disparaging them, by falsely inflating his title, responsibilities and contributions to Greenlight, by claiming a track record that does not belong to him, by commencing complaints and litigation under false pretenses, and by seeking to interfere with Greenlight’s relationships including with its customers in violation of Fishback’s legal duties to Greenlight.2. In addition to seeking to harm Greenlight, Fishback purports to have formed a competing fund, Azoria Partners (“Azoria”). Indeed, Fishback lied to Greenlight even before he resigned, concealing the fact that he formed Azoria as early as July 4, 2023, almost a full month before he noticed his resignation. Instead of following industry practice and the law, Fishback began a campaign to attract investors to Azoria by attempting to expropriate portions of Greenlight’s track record that don’t belong to him, by making false statements about his responsibilities at Greenlight, and by misappropriating and misusing Greenlight’s Confidential Information (defined below).3. Fishback falsely represented himself to industry contacts and at industry events as Greenlight’s “Head of Macro” and the person “running macro investing” at Greenlight and responsible for the “insane” performance of Greenlight’s macro investment portfolio. None of these things were true. Fishback was hired as a Research Analyst, and was never promoted by Greenlight to “Head of Macro.” In fact, the title “Head of Macro” has never existed at Greenlight, and Mr. Einhorn alone, not Fishback, had the sole authority and discretion to manage and run Greenlight’s macro investment portfolio, and Mr. Einhorn was responsible for its performance. Fishback made these false statements to misleadingly inflate his perceived abilities and responsibilities and to take credit for Greenlight’s track record, goodwill, and reputation. Fishback apparently thought that this would provide him and Azoria with more credibility and help attract investors at Greenlight’s expense.
Nominating Fishback for a Fed Governor position would bring to light many untoward things about the man. Those are yet to matter to our complicit Congress.
Fishback even had a run in with DOGE, he of the DOGE Dividend. Fisback launched the Full Support for Donald PAC to counter Elon Musk's new political party.
I am reticent to say "there is not a bigger prick that could be nominated" as similar statements have come back to haunt me.
Fishback is part of the backstabbing contingent slinking around the White House hoping Trump II, the digital Caligula, calls out their name. In the olden days this guy would've been escorted off the property. The Donarch has his own club and I guess they need staff willing to plant their lips on his backside 24/7. Fawn without ceasing.
Update 9-28-25: Bloomberg reported on "Fed candidate" James Fishback:
James Fishback, a former analyst at David Einhorn’s Greenlight Capital, admitted sharing confidential information and agreed to pay the hedge fund’s costs to resolve a lawsuit it filed against him.
According to an agreement filed Wednesday in Manhattan federal court, Fishback, who worked at Greenlight between 2021 and 2023, said he violated the terms of his employment by sending to a personal email account summaries of the fund’s positions and strategies as well as a document showing its entire portfolio. He also said he had an undisclosed personal trading account that invested in the same instruments as Greenlight at around the same time.
