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.
19 January 2007 by Patrick Byrne
Posted: Fri Jan 19, 2007 3:09 pm Post subject: Welcome to Overstock Cars Dear Esteemed Customer, I write today most respectfully to request your attention to our new “Cars” tab on the our top navigation bar. A car is the second largest purchase people make. Yet the normal car buying experience fills people with dread, fraught [...]
29 December 2006 by Patrick Byrne
Posted: Fri Dec 29, 2006 8:11 pm Post subject: Meghan and I Just Sent This: Subscription Plans Are Ending Greetings Sellers, We recently informed you that subscription plans 5-10 will expire on December 31, 2006. However, further analysis has convinced us that the problems arising from O-Subscriptions (specifically, high starting prices, and thus, low sell-through rates) are endemic [...]
23 December 2006 by Patrick Byrne
Posted: Sat Dec 23, 2006 8:34 pm Post subject: Interesting article http://www.forbes.com/business/2006/12/20/bollywood-hottest-films-biz-cx_lm_1219bollywood.html I am a fan myself.
23 December 2006 by Patrick Byrne
Posted: Sat Dec 23, 2006 6:00 pm Post subject: Cars Hi. We just rollled out our new cars tab. It is in Beta, so be prepared for little glitches. Still, tell me what you think, and make any suggestions you can think of. Patrick
06 December 2006 by Patrick Byrne
Posted: Wed Dec 06, 2006 8:20 pm Post subject: Decision on Make It Mine, and more advice sought Hi Folks, We’ve read your responses. If you go through them yourselves, you will see that there is no one answer that meets the needs of everyone (including us). But we do think there is a solution with [...]
03 December 2006 by Patrick Byrne
Posted: Sun Dec 03, 2006 11:27 am Post subject: Another Open Letter to Put the Week Behind Us & Seek Adv Hi all. Thanks to all (even the people with whom I was squabbling) for responding so thoughtfully. I am listening and learning. I will hit the major points raised, then seek advice. * Betty – I [...]
29 November 2006 by Patrick Byrne
Posted: Wed Nov 29, 2006 3:12 pm Post subject: Open Letter to the Abusive Posters Here To the Vituperative Posters Among Our Auction Sellers, I’ve spent the day catching up on your outrage. I understand the issues and will address them, but at this point, to all of those who have been insulting to my [...]
29 November 2006 by Patrick Byrne
Posted: Wed Nov 29, 2006 11:40 am Post subject: Dr. Milton Friedman Hello. Someone once asked George Schultz, “Who was the most important leader you ever met?” Schultz’s answer ran like this: Of all the presidents and prime ministers, kings, princes, and dictators I ever knew, the most important man I ever met was an academic [...]
16 November 2006 by Patrick Byrne
Posted: Thu Nov 16, 2006 3:18 pm Post subject: Give our giftfinder a try at overstock.com/giftfinder Hi folks. This morning we launched our giftfinder. It is supposed to allow you to make your holiday shopping easy. Just come and answer a few questions about whomever you are shopping for, and it comes back with recommendations. The thing is, it [...]
03 November 2006 by Patrick Byrne
Posted: Fri Nov 03, 2006 6:11 am Post subject: We’re #4 in the USA Dear Overstock Client, To me the brands of Nordstrom, L. L. Bean, and yes, even our competitor Amazon, stand for great customer service. They execute beautifully, and as a result their brands enjoy great awareness and loyalty from the public. Overstock now joins their [...]
