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Bob O'Brien's Sanity Check Blog

Author: bobo Created: 1/10/2006 10:09 AM
This blog is dedicated to Bob O'Brien's Sanity Check editorials, and discussions about the Market Reform Movement, the SEC, failing to deliver/naked shorting, etc. It was created so that his many detractors and fans can tell him that he is full of it, correct his mistakes, rant and rave, kowtow, preen, or whatever seems appropriate. The only sins are being boring, or inarticulate, or dim. Humorous pieces can be found in the new Funny Bunny Blog area above, for a lighter-hearted take on being a bunny. Older Bobo blogs can be viewed by selecting a month under the calendar to your right.

Jim Cramer's Message To The SEC: F You
By bobo on 2/28/2006 7:02 AM
The Bunny chimes in with his thoughts on Jim Cramer's behavior, the ramifications of the NY press' spin on the unfolding controversy, and the dilemma facing the SEC now...UPDATE - NOW WITH PICTURES, AND SPECIAL SECTION - JIM C: VICTIM, OR SHIFTY, GUILTY DOG?
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Cramer gets SEC Subpoena, along with TheStreet.com - and 88% in CNBC vote support SEC action
By bobo on 2/27/2006 3:33 PM
Cramer and TheStreet.com get the Federales knocking at the door. And all the whining by the NY press about how they are being unfairly abused is considered to be a load of hooey by Mainstreet America, per this CNBC poll...
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Free Speech, or Conduct? On Subpoenas to Journalists…
By bobo on 2/27/2006 9:49 AM
The Bunny has a thing or two to say about the latest declarations by the SEC's Christopher Cox, and the latest volley of media slams...
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When Does “Coverage” Become “Cover-up?”
By bobo on 2/26/2006 5:01 PM
The Bunny considers all the elements of a classic cover-up, and sanity checks the naked short selling crisis for consistency...
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A Letter From Dr. Byrne, and Some Thoughts On the NY Times, the SEC, and Guilty Dogs...
By bobo on 2/25/2006 2:36 PM
I got a letter from Byrne (email, actually) and got approval to publish it - and I also have some weekend thoughts on the NY Times piece, the SEC, and our favorite "Guilty Lapdog"...NEW - NOW WITH GRAPHICS
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Joe Nocera: Patrick is a bad bad bad man, and Rocker is a victim. And the Easter Bunny is bad too!
By bobo on 2/24/2006 9:45 PM
In this latest salvo from the venerated NY Times, Joe Nocera tries to build the case that Dr. Byrne, who has been the subject of probably close to 50 negative pieces from the NY press over the last 6 months, is actually "silencing" his critics! Honest - that is the thrust. The absurdity continues...
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Carol Remond Received A Subpoena – It’s a Busy Day for SEC News
By bobo on 2/24/2006 5:34 PM
Carol Remond gets a subpoena - and the bunny has the story first, again.
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Herb Greenberg – Victim of SEC Persecution, or Guilty Dog Look?
By bobo on 2/23/2006 10:34 PM
Bobo asks the million dollar question - is Herb a poop eater?
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From The "Never Piss Off A Rich Guy Or His Friends" Department…
By bobo on 2/23/2006 8:50 AM
Bobo has a chitty chat with Dr. Byrne, and his sneaking suspicions are confirmed...
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Dr. Byrne's "Sack O Fun", RICO, and Gradient's Very Bad Day....
By bobo on 2/22/2006 8:14 PM
Dr. Byrne is a funny guy - highly educated, erudite, careful with his use of English. Join the bunny in his "Ah ha" moment...
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Gradient Named In Biovail RICO Stock Manipulation Suit
By bobo on 2/22/2006 2:23 PM
Another Bad Day For Gradient
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Abelow Row Over NJ Treasurer Position Sparks Showdown
By bobo on 2/22/2006 9:00 AM
The fur is already flying, with the air filled with excuses for why the DTCC can't be expected to be transparent....
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In The Interest Of Scientific Discovery...
By bobo on 2/21/2006 8:12 PM
Bobo issues a challenge to the financial press - and isn't holding his breath for them to take him up on it...
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Abelow to go before the State of NJ in his bid for Treasurer
By bobo on 2/21/2006 8:19 AM
Bradley Abelow, former board member of the DTCC, wants to be the new NJ Treasurer. The Easter Bunny has some observations and questions, which speak to the intersection of huge money and politics...
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Update on “Naked Short Selling is All In Your Head.”
By bobo on 2/20/2006 10:20 AM
TheStreet breaks a shockingly revelational story: Apparently there IS naked short selling going on!!!! Gasp, sputter....
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Rod Young versus The SEC
By bobo on 2/19/2006 10:34 PM
Rod Young addressed the SEC last week, and I just now got to really listen to the meeting without distraction. Unbelievable.
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Ad Hominem, Flailing, Weiss, The DTCC, and the Price of Tea
By bobo on 2/18/2006 10:18 AM
An update on miscellaneous items, including the DTCC's recent press release, and the flailing of the intellectually compromised...
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Easter Bunny Turns Out 100% Right on DTCC Subpoenas, Confirmed by NY Post
By bobo on 2/15/2006 11:16 PM
The Bunny has apparently scooped all of the NY financial press yet again. Read about it in his latest blog.
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The Threat of Real Harm, or Why The Bunny Has Remained Anonymous
By bobo on 2/15/2006 2:11 PM
Think this is all fun and games? As the heat is turned up, the story takes a decidely menacing tone - and I am not making this up.
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An Open Invitation To The DTCC and to Counsel of Rocker Partners
By bobo on 2/15/2006 6:55 AM
The Bunny, in his ongoing search for truth, justice, and the American way, extends an olive branch...
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It’s Valentine's Day, And The Lapdogs Are Howling
By bobo on 2/14/2006 7:46 AM
The silence from the mainstream NY media over the revelations about the DTCC's subpoenas and the Formal Investigation order and subpoena questions is deafening. Who could have predicted that? Oh, that's right, I did....
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It’s Almost Spring, And Subpoenas Are in The Air…
By bobo on 2/13/2006 11:20 AM
In the spirit of Pulp Fiction, the SEC goes formal on someone we all know and love's ass, and things are starting to look interesting...
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The Year of Living Dangerously…
By bobo on 2/12/2006 10:37 PM
Bobo discloses that the first subpoenas have gone out to the DTCC from the State regulators in the FTD affair...
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The SEC's Amicus Brief, and an Open Discussion/Analysis by Dr. DeCosta
By bobo on 2/11/2006 11:58 AM
I had a long discussion over the last few days with Dr. Jim, and I asked him for his take on the Amicus brief, as well as the whole DTCC stock borrow program and the SEC's defense of anything DTCC related. His response is encyclopedic.
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Ami, Amigo, Amicus....Let's Call The Whole Thing Off.....
By bobo on 2/10/2006 1:20 PM
Bobo starts reading the SEC's Amicus Brief and pauses for quiet introspection....
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The Case of the Mysterious Gentleman Caller...
By bobo on 2/8/2006 9:07 PM
Roddy Boyd of the NY Post Reaches Out And Touches Dr. Byrne, CEO of OSTK.com - and Patrick Provides The Audio For Our Edification Of The Journalistic Process...
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More Information and Intrigue on FOIA Data
By bobo on 2/7/2006 11:22 AM
What does it all mean? And how do we know what, if anything, is being revealed? Another wrinkle from the OSTK CC today...
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Dr. Jim Decosta offers up point #13...
By bobo on 2/6/2006 2:56 PM
One of the top authorities in the space shares his thirteenth bullet point from his second book.
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A FOIA Request "Day In The Life Of OSTK" From The SEC
By bobo on 2/4/2006 5:37 PM
Alan Newman of Crosscurrents fame finally got some aged data from the SEC - data which gives one a little hint as to the scope of the problem, and is mind boggling in its implications.
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Just Another Day on Wall Street - Symphony of Greed Redux
By bobo on 2/4/2006 11:54 AM
Two articles today typify the crookery that is Wall Street's daily bread. Brought to you by the folks who are claiming that there is no naked short selling issue...
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AP Article on Naked Short Selling - Written by RemonWeissMannDTCC and company
By bobo on 2/3/2006 1:18 PM
Another in a totally predictable, eerily similar string of pieces designed to encourage one and all that there is no NSS problem, and if there was, that it would be good for God and Country.
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Mann oh Mann - Are you kidding me?
By bobo on 2/3/2006 9:24 AM
Yet more commentary on the Motley Fool's Bill Mann, and his apparently Pollyanaish perspective on NSS.
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Amazingly Comprehensive Analysis of Naked Short Selling By Dr. Jim Decosta
By bobo on 2/1/2006 6:33 PM
One of the top authorities on Naked Short Selling agrees to have some of his work published, here, at TheSanityCheck.
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Bill Mann of Motley Fool fame goes after Bob O'Brien, and now a poster on the MF boards goes after Bill Mann
By bobo on 1/30/2006 11:48 PM
I have stayed out of this, primarily because I am far too cheap to pay to post on anyone's message board. But I am amused by the exchange from the MF board...
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How is Naked Short Selling Fraud?
By bobo on 1/29/2006 1:05 PM
Bobo works through the logic of the fraud argument, and arrives at a disturbing place...
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Keep It Simple, Stupid - Why Naked Short Selling Is Bad, Definitively, And The Markets Need To Be Reformed
By bobo on 1/27/2006 10:03 AM
Bobo, with his amazingly keen grasp of the obvious, examines the arguments advanced by the apologists for naked short selling, and shreds them to little bloody bits.
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My "Dear John" Letter to Gary Weiss
By bobo on 1/26/2006 2:57 PM
Gary Weiss has been wearing his little digits down to nubs writing about yours truly. In a spirit of hope for a restored friendship, the Easter Bunny tries to build bridges and mend fences. Follow along down the bunny trail as he spreads joy, as only he can do...
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Bush Bombshell - Links to Naked Short Selling, Hedge Funds, Crooked Lobbyists...Is that bad?
By bobo on 1/25/2006 9:12 AM
The NY Post broke a story today about a Bush family friend who was sanctioned by the NASD for naked short selling - and failed to mention it to the investors in his new HEDGE FUND, for which Marvin Bush gave him an endorsement with which to woo investers...
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The Spin Machine On Overdrive - The DTCC Spins the NASAA Forum Like a Top, and Bobo Asks "Why?"
By bobo on 1/24/2006 12:43 PM
The DTCC issued forth a variation of the Carol Remond article via Business Wire today, spinning the recent NASAA meeting as something it clearly wasn't, and proclaiming that there is no problem with naked short selling - by quoting carefully worded (one entirely invented, apparently, by the DTCC) official position statements from the regulators, and ignoring all the input from the authorities on the subject. Bobo examines all the rhetoric and translates for the cheap seats at home...
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"Author" Gary Weiss Celebrates Cretinism, Censorship, and Ignorance - And We Celebrate Him...
By bobo on 1/24/2006 7:35 AM
Former BW reporter Gary Weiss has contributed to the cyber clutter by creating his own blog, in which no dissenting opinion, contradictory facts or debunking are allowed. Needless to say this is as interesting as reading pharmaceutical pamphlets, and serve no purpose but to remind us all how dependent upon information control some segments of the press are...
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Another "Expert" Chimes in With a Lot Of Hat, But No Cattle
By bobo on 1/22/2006 9:10 PM
Author Gary Weiss has created a new blog, ostensibly to drum up interest for his forthcoming magnum opus, and in the best tradition of trying to make noise to get noticed, he sprays venom at Dr. Byrne and the Market Reform Movement - anyone that feels defrauding investors by never delivering what they paid for (naked short selling) is dubbed "The Baloney Brigade."
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Dr. Byrne’s “Dark Side of the Looking Glass” – Epilogue
By bobo on 1/20/2006 10:31 AM
Dr. Byrne discusses the ugly side of the story in very real world terms, and offers a scary glimpse of the scope of the problem using actual case studies.
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The Lies We Are Told, And Those Who Tell Them…
By bobo on 1/19/2006 4:47 PM
Carol is back with a tall tale of Reg SHO success that should really begin with "Once Upon A Time..." - so pull up a chair, grab a Gauloise and an apperitif, and enjoy her latest invention - she is quite a raconteur - an award winner, actually...
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Transfer Agents - They Knew It All Along
By bobo on 1/19/2006 9:40 AM
This piece from one of the larger transfer agents says it all.
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The Kindler, Gentler SEC At Work - A Slap In The Face With A Brick
By bobo on 1/17/2006 9:14 PM
Alan Newman was kind enough to send us the OSTK Freedom of Information Requests he sent to the SEC, along with their responses. Bobo has a thing or two to say about all this merriment...
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Of Feces, Whirling Blades, and Unbridled Greed and Corruption...
By bobo on 1/16/2006 11:05 PM
Shocking news just in: Big money buys power, votes, influence in Washington and with the press. Abramoff pleads guilty, and the poop starts hurtling towards the blur of the shimmying fan...
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Why I Stopped Using My Brain, or How I Learned To Stop Worrying And Love Wall Street
By bobo on 1/12/2006 2:30 PM
Bob O'Brien seeks to make friends and influence people by dissecting Tim Mullaney's emailed questions to Overstock.com and Dr. Byrne - a truly astounding little performance by our friends in the media, who Bob is a big fan of anyway...
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Why Are So Many "Lifers" Leaving The SEC?
By bobo on 1/10/2006 8:12 PM
High level enforcement folks are leaving the SEC faster than ever before. What's up with that?
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Is This The Miscreants' Exit in OSTK?
By bobo on 1/10/2006 7:55 PM
Bobo shares his take on the likely exit strategy for the miscreants in OSTK
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The Tipping Point - On Malcolm Gladwell, Viral Growth Models, and Market Reform
By bobo on 1/10/2006 11:42 AM
After a disastrous initial round with our blogging software, we were able to salvage this blog, although we lost over a hundred comments. Thanks for archiving it for us, Cutty.
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