Patrick Byrne I am a concerned citizen who has been hunting the oligarchy since 2004 and the Deep State since 2006.

Something Hinky This Way Comes

1 min read

Posted: Tue Aug 01, 2006 10:03 am
Post subject: Something Hinky This Way Comes

Dear Esteemed Guest

You may know of my battle with Wall Street. I decided to write you about it.

For five years whispers of an urban myth have held that certain hedge funds use an illegal trading technique to loot the stock market. If true, it means that the savings Americans put in the market are secretly being stolen, while Wall Street hires actors to go on TV to say how safe it is to put more of your money there, and while some American firms are being destroyed. Target companies are thought to be small financial, high-tech, or biotech firms researching cures for cancer, diabetes, and other diseases.

It sounds like a Hollywood thriller, but two years ago strangers across the USA who had been wiped out financially began contacting me to ask that I get involved in this issue. I did, and became convinced something hinky was indeed going on. How bad is it? Economist and Former Undersecretary of Commerce Dr. Robert Shapiro calculates that a thousand firms have been destroyed and hundreds of billions of dollars (and perhaps a trillion) looted. If so, this “urban myth” is the financial crime of the century.

I tried to expose it quietly, but was eventually left no option but a frontal assault. The hedge funds have tried to deflect this by saying that I am just a malcontent mad about my stock price (even though I began this battle while it was soaring, and have done everything possible to expose this as systemic issue, not just an Overstock issue). Fortunately for them, they have a stable of a half-dozen compliant reporters who obediently stick to any Party Line they are instructed to parrot (they deal mostly in half-truths, but one Wall Street Journal writer, Holman Jenkins, literally created a 100% fabricated quote).

Unfortunately for the bad guys, the US Senate Judiciary Committee just held a hearing into this issue, and their Senatorial jaws appeared to drop. SEC Chairman Cox hastily called a hearing wherein he candidly discussed the “long-standing and growing problem” of a “market manipulation that is clearly violative of the federal securities laws,” referred to the “serious problem” of Wall Street using a “tool to drive down a company’s stock price to the detriment of all of its investors,” and acknowledged that the problem may be so advanced the SEC has been afraid to act for fear of “disruption to the markets.” The toady journalists have gone unusually silent.

If you want to learn more, I invite you to visit a narrated cartoon-lesson I created,
The Dark Side of the Looking Glass which explains this simply and clearly (I wrote it so Grandma could follow). Views are over 200,000 and soaring. http://www.prweb.com/releases/businessjive/podcast/prweb418915.htm

Your humble servant,

Patrick M. Byrne

PS If you want to see a 3 minute TV news story exposing this scandal, click here:
http://www.ksl.com/index.php?sid=388415&nid=148 then click “Video”.

Patrick Byrne I am a concerned citizen who has been hunting the oligarchy since 2004 and the Deep State since 2006.

Political Campaigns and Overstock

We often receive political complaints at Overstock .  I am posting this so that in the future, when customer service agents get harangued by people...
Patrick Byrne
1 min read

"On any other day, that might look strange.” –…

From: Sam E. Antar Sent: Monday, January 28, 2008 7:22 PM To: Patrick Byrne Cc: israelk@sec.gov Subject: Overstock.com Fourth Quarter Fiscal Year 2007...
Patrick Byrne
1 min read

“On any other day, that might look strange.” –…

From: Sam E. Antar Sent: Monday, January 28, 2008 7:22 PM To: Patrick Byrne Cc: israelk@sec.gov Subject: Overstock.com Fourth Quarter Fiscal Year 2007...
Patrick Byrne
1 min read

2 Replies to “Something Hinky This Way Comes”

  1. Patrick, I had an idea for a way that I could help you in your fight. Alas, I have no way to contact you…

    Anyway, this site is incredibly informative, and please keep fighting the good fight.

    These criminals must be brought to justice.

  2. I was curious if you ever thought of changing the layout
    of your site? Its very well written; I love what youve
    got to say. But maybe you could a little more in the way of content so people could connect
    with it better. Youve got an awful lot of text for only having one or
    2 pictures. Maybe you could space it out better?

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Message from DeepCapture.com

At the time much of the content on DeepCapture.com was written, the Great Financial Crisis of 2008 was either on the verge of happening or had just occurred. In those days, emotions among this publication’s contributors were raw and, in an effort to get their warnings noticed and appropriate blame placed, occasionally hyperbolic language and shocking imagery were employed. Were we to write these entries today, a different tone would most certainly prevail.

Yet, being a record of a pivotal time in our global economic history, we’ve decided to leave the rawness unedited, with the proviso that readers take the context of the creation of certain posts into account, and that those easily offended re-consider the decision to read them.