Posted on 16 September 2011 by Patrick Byrne
Mark Mitchell’s writings seem to be striking a nerve, at last. After months of no response but silence, in the last few weeks DeepCapture has suddenly been receiving all manner of Nasty-Grams and intimidating phone calls from various people and organizations mentioned in Mark’s work. The similarity of the threats would almost make one think [...]
Posted on 29 March 2011 by Patrick Byrne
“Minkow’s manipulation of the market … caused a severe drop in the stock prices of a large local corporation. This type of deceit and abuse of trust will not be tolerated… we will investigate and prosecute stock manipulation cases to help protect the integrity of our capital markets…When false statements are disseminated to deceive the [...]
Posted on 24 March 2011 by Patrick Byrne
An email Sam Antar sent on May, 2010 puked out of my junk email folder today. Note that besides addressing it to me, the board of directors of Overstock, Overstock’s president Jonathan Johnson, and our colleague Kevin Moon (who counts IR among his many duties), Sam addressed it to various staff members of the SEC [...]
Posted on 27 December 2010 by Patrick Byrne
Point #1: Agents in a marketplace first commit to a trade, and then exchange the property rights they committed to trade. The financial jargon for the mechanism which permits this exchange of property rights is “clearing and settlement”. Point #2: In the USA there is much slop in these “clearing and settlement” mechanisms. Processes that [...]
Posted on 11 December 2010 by Patrick Byrne
Readers may have noticed my relative absence of late. I assure you that the mission of DeepCapture is often front-of-mind, but to pay the hosting fees and other expenses of our investigative journalism I maintain a day job, and some periods are busier than others. Also, I have been comfortable watching events take their natural [...]
Posted on 02 February 2010 by Patrick Byrne
“It isn’t what we don’t know that gives us trouble, it’s what we know that ain’t so.” – Will Rogers
Posted on 06 November 2009 by Patrick Byrne
Followers of the twisted tale of DeepCapture may remember that on August 12, 2005, I gave a webcast of which I will always remain proud. It was titled, “The Miscreant’s Ball”.
On balance, 2006 was a very dark time for the market reform movement, as every charge was followed by a blistering counter-charge, and every lunge answered by a quick parry.
Last night, CNBC’s Jim Cramer interviewed Senator Ted Kaufman about the problem of abusive short selling.
I did not really have a burning desire to join SABEW. To steal a page from Groucho Marx, I wouldn’t want to join any club that would have SABEW members as members.