06 August 2007

Overstock: Pathetic

An amusing site called hedgefunnies ran a photo of a "naked short seller" recently.

http://hedgefunnies.com/2007/07/30/patrick-byrne-unveils-irrefutable-proof-of-naked-short-selling/

This is amusing, at any rate, to those of us who have followed the controversy over "naked short selling" and the central role of Overstock boss, Patrick Byrne, therein.

http://cfaille.blogspot.com/2007/06/overstock-what-about-losses.html

But Mr. Byrne and his fans, including one Judd Bagley, Overstock's Director of Communications, have been rather nasty about this. Either they don't have much of a sense of humor or they really have no business plan OTHER than to silence any critics. So they've gone after the proprietor of the hedgefunnies site in a big way.

He's a 19 year young man, so this means, say, critiquing his high school via wikipedia. Yes, High School. Does that sound petty? Yes, I think so too.

I'll save myself some typing. Here's more.

http://www.sequence-inc.com/fraudfiles/2007/08/05/more-on-overstockcom-stalking-teenage-blogger/

1 comment:

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Knowledge is warranted belief -- it is the body of belief that we build up because, while living in this world, we've developed good reasons for believing it. What we know, then, is what works -- and it is, necessarily, what has worked for us, each of us individually, as a first approximation. For my other blog, on the struggles for control in the corporate suites, see www.proxypartisans.blogspot.com.