Did a little mystery company in London help hedge funds crash the markets?
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".
As you encounter conversations on this topic in the days to come, it is a good opportunity to point out that Deep Capture published irrefutable evidence of insider trading at short selling hedge funds SAC Capital, Kynikos Associates and Third Point Partners almost one year ago.
24 June 2007 by Patrick Byrne
Posted: Sun Jun 24, 2007 12:38 pm Post subject: Mitzvahs and A News Story You Must Read at MN1.com Short version: visit these two links. http://feeds.mn1.com/brookstreet_flabbergasted_after_liquidation_news.htm http://75.126.3.206/mp3/John_gittle_062207.mp3 Long version: Dear readers. I know from your emails that many of you are following my Mitzvah*. To bring new readers up to speed: I believe there is a crack in our financial [...]
03 June 2007 by Patrick Byrne
Posted: Sun Jun 03, 2007 9:58 pm Post subject: “RE: Baghdad Bob pales in comparison to this guy Hi Herb. One of your many admirers (as you can tell from his subject line) sent me this link. You sound angry. http://blogs.marketwatch.com/greenberg/2007/05/underwhelmed_by.html I am curious: if you were underwhelmed by the appelate court’s 3-0 decision, then I must ask: what [...]
24 May 2007 by Patrick Byrne
Posted: Thu May 24, 2007 1:25 pm Post subject: Don’t Miss This Special Engagement Dear Overstock.com Customer – I would like to extend an invitation to you for the encore special engagement of My Trip to Al-Qaeda, presented by Culture Project. Lawrence Wright – arguably the man who knows more about Al-Qaeda than any other American – uses [...]
12 May 2007 by Patrick Byrne
Posted: Sat May 12, 2007 1:03 am Post subject: Gotterdammerung of the American mainstream media Ha ha – this is a great one. An all-time classic from Joe Nocera. Below you will find an email Joe Nocera sent me asking for my “reaction” to some odd claims he wanted to include in his weekly column. Alas, [...]
10 May 2007 by Patrick Byrne
Posted: Thu May 10, 2007 1:14 pm Post subject: That Herd of Independent Minds: Our New York Financial Press Some seem to be noticing that my mitzvah (that is my name for my efforts to expose an enormous financial scandal that is occurring on Wall Street) is gaining traction. Forbes has covered it in several [...]
05 April 2007 by Patrick Byrne
Posted: Thu Apr 05, 2007 2:43 pm Post subject: Bloomberg Television SCANDAL! Bloomberg Television has produced a shocking 25 minute exposé showing how Wall Street rogues are exploiting a crack in the system to steal tens of billions of dollars from Americans. The Bloomberg piece starts by talking about Overstock (I make a brief appearance, as a guy [...]
13 February 2007 by Patrick Byrne
Posted: Tue Feb 13, 2007 1:13 am Post subject: Answers for a Reporter Dear Reader, You may know of my efforts to expose a crime that I believe is taking place on an enormous scale against millions of American workers, retirees, and savers, a crime from which a tiny segment within the hedge fund community is benefiting, and [...]
06 February 2007 by Patrick Byrne
Posted: Tue Feb 06, 2007 9:30 pm Post subject: Giving you a sneak preview: try Omuse and give me feedback Dear Auction Colleagues, We have completed the basic development of our new tab (that one at the far right that has been saying, “Coming Soon!” for six weeks). It is called “Omuse” and it will be [...]
29 January 2007 by Patrick Byrne
Posted: Mon Jan 29, 2007 6:53 pm Post subject: Sell-through-rates Folks, As you know, historically our STR has been abysmally low. We charged so little for the auctions that we did not feel too badly about it. But we set about making some changes, and they seem to be working. A few weeks ago we had our first day [...]
22 January 2007 by Patrick Byrne
Posted: Mon Jan 22, 2007 10:34 pm Post subject: Stormy, Meghan, and Auctions Hi folks. I got a bunch of calls in the last couple days about Stormy, why she rolled off auctions, did she leave the company, and who Meghan is. Stormy is a brilliant street-fighter whom I move around the company to dive into [...]
