I'm absolutely buried in several projects at present, hence my lack of blogging time, however I wanted to memorialize a remarkable exchange between Dr. Byrne, CEO of Overstock.com, and a reporter who seems very, very confused over some pretty fundamental things.
I could editorialize about this, and spend 2000 words in support of his position, however there's really no need. It stands on its own.
I will say this, however, before I provide the link - there is a remarkable tendency with some members of the press to frame their interview questions in such a way as to appear to be merely building a case for an agenda rather than seeking the truth.
This following is posted at the Overstock forum discussion board, and is Patrick's unedited exchange with a reporter from Bloomberg, who, from all appearances, is out to frame Overstock as embarking on an ill-advised, mercurial campaign to silence critics and persecute innocents. Why this reporter would do so, when the practice that Byrne has continually protested against is criminal stock manipulation involving the creation of millions of shares of counterfeit stock, is unknown. Why the blinders would be on to the idea that large money is doing ugly bad things in the markets is also unknown - it is not exactly a novel concept.
But read the exchange for yourself, and draw your own conclusions.
Oh, and I have started moderating the comments again because a crew of bashers and berserkers have been active in attempting to disrupt the forum, and I don't have time to check in 20 times a day to delete their insulting and vacuous posts. They seem annoyed by this censorship, in much the same way that gang members are annoyed at being restricted from tagging their turf with graffiti. Comments include those from Tony R, who still waffles between insisting that I am James Dale Davidson, to 'lilGW's sock puppets reveling in the manipulation of NFI and the presumed losses I've suffered. I have decided that we require these pearls for our edification as much as Beethoven's Fifth requires a kazoo solo, thus have spared you the full brunt. That they continue to work the boards should speak volumes, though.
Amazing.