Friday, June 30, 2006

A Day in the Life of A Naked Shorting Cultist

If you're Patrick Byrne, the naked-shorting-obsessed CEO of Overstock.com, what's on your mind is not running your money-losing company or satisfying your super-patient shareholders (share prices down 50% since last summer; 2.4% today alone).

No, what's on your mind is.... well, you figure it out. Here's an incoherent press release issued today by Byrne, ranting at the Depository Trust and Clearing Corp.

© 2006 Gary Weiss. All rights reserved.

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Wall Street Versus America was published by Penguin USA on April 6.
Click here for its Amazon.com listing and here for more information on the book, from my web site.

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