3 ms·

Can someone explain exactly what's going on here between these guys? It all seems like a bunch of schizophrenic rambling. I have no opinion on Overstock as an

• petewarden 17y ago
  Here's a couple of links giving some background: http://blogs.reuters.com/felix-salmon/2009/12/10/why-cant-i-hide-my-list-of-facebook-friends/ http://blogs.reuters.com/felix-salmon/2009/12/10/why-cant-i-... http://blogs.reuters.com/felix-salmon/2009/12/12/larry-bergman-overstocks-sock-puppet/ http://blogs.reuters.com/felix-salmon/2009/12/12/larry-bergm... I can't give a good explanation of the financial aspects, but they've been trying to apply pressure to a bunch of journalists by publishing private information about them.
• gamble 17y ago
  Patrick Byrne, the CEO of Overstock, has been on a crusade against naked short sellers, blaming a group of hedge funds for driving down his company's stock. He's been all but called a nutjob in the financial press, which has led him to criticize certain journalists as being in bed with the short-sellers. The most recent episode concerned Deep Capture, a blog that supports Byrne. They were able to obtain the Facebook friends lists for the hedge fund managers and journalists targeted by Byrne and were able to show a large number of cross-links between the journalists and fund managers, and in some cases their families. Deep Capture was careful to avoid making specific charges, but the basic argument is that it establishes the possibility of collusion between the fund managers and an unprofessionally close personal relationship with the journalists.