This may seem like a funny time to be doing this, but it is the right thing to do.
Buried in the past of this site (click around and you will find the areas) are accounts of a strange period in my life, 2007-2008. That is when my digging into various forms of Wall Street hooliganism started causing me to cross paths with things that looked increasingly “Mobbed-up”. Further digging started taking things to Europe, Austria, and points east. I began writing talking and writing about it to a degree, and immediately strange things began occurring (again, read The Story of DeepCapture for details). A Forbes reporter named Nathan Vardi, himself an excellent journalist who explored the role of Russian Organized Crime in our stock market (Sewer Pipes, Nathan Vardi, Forbes) even said to me once after a lunch with the editors there, “You know, Patrick, even in the United States there are lines for reporters when it comes to writing about Organized Crime. I am right there at the very, very edge myself. You, Patrick, are so far over the line , you are not even in sight of it.”
Somewhere in that period, threats began to be communicated to me in a variety of ways, verbal and physical, from what purported to be organized crime, and eventually, Russian Organized Crime. Some of that ended up documented by the hands of authorities, who responded with alacrity and decisiveness, for which I remain grateful. Still, it caused me to live for over 2 years with extensive security precautions, and scrambled a lot of things in my life.
One of those threats included information that a Russian immigrant to America named Felix Sater was involved in the threats (though not the source). That information appears on this site (along with other mentions of Felix).
Some years ago, at a time when I was hospitalized quite a bit, Felix wrote me, initially through a lawyer, then personally, to let me know he had had nothing to do with the threat. I was impressed with the gentlemanly manner in which he contacted me, and what he he had to say. I pledged to put up his denial of his involvement. However, that pledge was made while I was in the intensive care unit of a cardiac ward, and and the truth is, it slipped my mind.
Given the rather significant attention this site is now getting, Felix and an investigative journalist named Seth Hettena have been in touch on the subject. They are correct, that I certainly owe Felix a duty to print his denial that he was involved. So here it is:
Felix Sater denies being involved in any threat from Russian OC against me. He also denies that he has ever known Semion Mogilevich or had any connection to him in any way.
But I will go farther than that. I will note that I have reviewed some material provided by Seth, and it looks to me like Felix is a great American. Yes, he did some dodgy things in his youth, and paid for it, but it seems as though he made up for it in other things he did for his country (per these federal papers). I would be proud to take Felix to lunch someday and catch up, if he would do it.
On the question of whether or not I was justified in including Felix’s name in the first place, I leave the final word to investigative journalist and Lefty (but intellectually honest Lefty), Seth Hettena, “Time to Put a Lie About Felix Sater to Rest” (which once contained snarky comments suggesting I was fabricating these things):
Editor’s note: I am striking my snarky comments because I was wrong. Patrick Byrne has shown me evidence that this conversation did take place. In a recorded 2007 phone call, a transcript of which is in my possession….I was also played the recording of this call. A clear threat was relayed to Mr. Byrne, who did not make this story up. I owe him an apology.
That was a classy thing to do, Seth. When I have to next say something like that, I will use you as a model. On top of Felix’s gentlemanliness, I think its time this all gets put to rest. I am 100% confident (and was informed) that there were legitimate threats against me in those years, but I accept Felix’s word that he was not involved.