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Why We’re in an ‘Ayn Rand Nation’
By Gary Weiss (bio)

My new book “Ayn Rand Nation” is out this week, and as the title indicates, it describes how the Russian-born philosopher has become a phenomenon in the thirty years since her death.

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Posted by Gary Weiss on March 2nd, 2012
Permanent link: Why We’re in an ‘Ayn Rand Nation’

Deep Capture Corporate Smear Site Nuked
By Gary Weiss (bio)

In past posts I’ve described how the CEO of Overstock.com, Patrick Byrne, created a website called Deep Capture that is aimed at smearing the critics of his stewardship of Overstock.com.

More »

Posted by Gary Weiss on October 23rd, 2011
Permanent link: Deep Capture Corporate Smear Site Nuked

Utah Newspapers Cave in to Overstock.com Smear Campaign
By Gary Weiss (bio)

I’ve been closely following the antics of Patrick Byrne, CEO of a Utah-based internet retailer called Overstock.com. Overstock is mainly known for bad service, junky products and restocking charges if you try to send back their crud. To the media it is known for two things: accounting fraud and a company-financed smear campaign.

More »

Posted by Gary Weiss on January 27th, 2010
Permanent link: Utah Newspapers Cave in to Overstock.com Smear Campaign

America’s Nastiest CEO: Patrick Byrne of Overstock.com
By Gary Weiss (bio)

The lead article in The Big Money today is a devastating smackdown of a CEO I’ve been tracking for several years now, Patrick Byrne of Overstock.com.

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Posted by Gary Weiss on January 20th, 2010
Permanent link: America’s Nastiest CEO: Patrick Byrne of Overstock.com

Overstock.com CEO Patrick Byrne Creates Phony Facebook Account to Stalk Critics
By Gary Weiss (bio)

The always weird story of Patrick Byrne, chief executive of Overstock.com, is getting weirder by the minute.

More »

Posted by Gary Weiss on December 14th, 2009
Permanent link: Overstock.com CEO Patrick Byrne Creates Phony Facebook Account to Stalk Critics

The Campaign to Exonerate the Bankers Who Nearly Destroyed Our Nation
By Gary Weiss (bio)

As happens after every major national calamity, conspiracy theorists have concocted alternate theories of causality for the Great Meltdown of 2008.

More »

Posted by Gary Weiss on October 10th, 2009
Permanent link: The Campaign to Exonerate the Bankers Who Nearly Destroyed Our Nation

Overstock CEO Patrick Byrne’s Anti-Semitism Embarrasses Salt Lake Paper
By Gary Weiss (bio)

The Salt Lake Tribune is running a “clarification” at the top of the web version of this article that appeared in the newspaper a few days ago.

More »

Posted by Gary Weiss on September 25th, 2009
Permanent link: Overstock CEO Patrick Byrne’s Anti-Semitism Embarrasses Salt Lake Paper

NPR Shuts Down Patrick Byrne Smear Campaign
By Gary Weiss (bio)

Today the always entertaining Utah Republican financier Patrick Byrne–who, amazingly, runs a public company–answers the musical question, “How many really crazy things you can do before your shareholders ride you out of town on a rail?”

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Posted by Gary Weiss on August 21st, 2009
Permanent link: NPR Shuts Down Patrick Byrne Smear Campaign

Corporate Thug Patrick Byrne Admits to Planting Spyware
By Gary Weiss (bio)

Whatever you might think of the Daily Kos, one thing you have to admit is that its bloggers don’t pull any punches. One just gave a one-two punch to the famously unethical Patrick Byrne, CEO of Overstock.com.

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Posted by Gary Weiss on July 28th, 2009
Permanent link: Corporate Thug Patrick Byrne Admits to Planting Spyware

How the Media Abetted a Stock Fraud
By Gary Weiss (bio)

The SEC recently nailed an abysmal little company called Pegasus Wireless. The charges are so serious that they make one wonder (perhaps prematurely), why isn’t this case being criminally prosecuted?

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Posted by Gary Weiss on May 31st, 2009
Permanent link: How the Media Abetted a Stock Fraud

Debunking a Stock Market Conspiracy Theory
By Gary Weiss (bio)

Stock market conspiracy theories are dangerous. I write about them often because they divert attention from real problems in the markets–of which there are far too many.

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Posted by Gary Weiss on May 11th, 2009
Permanent link: Debunking a Stock Market Conspiracy Theory

A Message Board Becomes a Megaphone for Stock Touts
By Gary Weiss (bio)

As I’ve described in the past, the Investor Village message board–a disgraceful vehicle for misinformation during the subprime lending crisis–has distinguished itself in the cause of investor poverty.

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Posted by Gary Weiss on March 27th, 2009
Permanent link: A Message Board Becomes a Megaphone for Stock Touts

Time to Do Something About Issuer Retaliation
By Gary Weiss (bio)

The new chairperson of the Securities and Exchange Commission, Mary Schapiro, can take swift action to prove that she is not a tool of Wall Street and the corporate establishment (as many, myself included, tend to believe).

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Posted by Gary Weiss on February 3rd, 2009
Permanent link: Time to Do Something About Issuer Retaliation

Obama’s Awful Choice as SEC Chairman
By Gary Weiss (bio)

Barack Obama calls his transition website change.gov, and his campaign slogal used “change” about a million times, so I am utterly flummoxed — and disgusted — by his selection of Mary Schapiro as SEC chairman, to replace the horrendous Chris Cox.

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Posted by Gary Weiss on December 17th, 2008
Permanent link: Obama’s Awful Choice as SEC Chairman

Madoff Arrest Exposes Hideous Incompetence of the SEC
By Gary Weiss (bio)

Make no mistake about it: the arrest of Bernie Madoff kicks off one of the biggest scandals in U.S. history. Not Wall Street history. U.S. history.

More »

Posted by Gary Weiss on December 12th, 2008
Permanent link: Madoff Arrest Exposes Hideous Incompetence of the SEC

Wanted: A New SEC
By Gary Weiss (bio)

Whether you are for Barack Obama or John McCain, anybody who cares about corporate crime has cause to rejoice come January 20. On that day, the worst SEC in recent history begins to be phased out, with the new commander in chief naming a new SEC chairman to replace the wretched Christopher Cox.

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Posted by Gary Weiss on October 29th, 2008
Permanent link: Wanted: A New SEC

The SEC Finds a Solution to Market Woes — Hokum
By Gary Weiss (bio)

Chris Cox today earned his pay as SEC chairman — proving that he is exceeded only by his predecessor from the 1990s, Arthur Levitt, at making grand gestures that actually mean little.

More »

Posted by Gary Weiss on July 15th, 2008
Permanent link: The SEC Finds a Solution to Market Woes — Hokum

Unhappy With the Past? No Problem, Just Rewrite It
By Gary Weiss (bio)

One of the problems that confront CEOs, politicians and other people in public life, now that we are in the Internet era, is that it is hard to lie about what one has said. But my favorite CEO, the ever-entertaining Patrick Byrne of Overstock.com, has found a way of overcoming that obstacle.

More »

Posted by Gary Weiss on July 3rd, 2008
Permanent link: Unhappy With the Past? No Problem, Just Rewrite It

Return of the Phantom Menace
By Gary Weiss (bio)

As I’ve written a number of times on this site and in my blog, stock market conspiracy theorists have scandalously monopolized the attention of market regulators — diverting them from real issues, such as stock fraud and corporate wrongdoing.

More »

Posted by Gary Weiss on June 17th, 2008
Permanent link: Return of the Phantom Menace

Hillary Clinton and the Suspicious Cattle Trades
By Gary Weiss (bio)

I hate to be a stick in the mud about this, but something has been sticking in my craw about the talk of Hillary Clinton possibly becoming (if she joins the Obama ticket and if they win) vice-president of the United States. It has to do with cattle.

More »

Posted by Gary Weiss on June 4th, 2008
Permanent link: Hillary Clinton and the Suspicious Cattle Trades

Top Washington Business Lobby Endorses Stock Market Conspiracy Theory
By Gary Weiss (bio)

In previous posts I’ve described how the U.S. Chamber of Commerce, the premiere lobbyist for the interests of Corporate America and against the public, has embraced the cause of money-losing CEOs blaming their misfortunes on “naked short selling.”

More »

Posted by Gary Weiss on May 22nd, 2008
Permanent link: Top Washington Business Lobby Endorses Stock Market Conspiracy Theory

Man Bites Dog: Crooked CEO is Jailed
By Gary Weiss (bio)

Here’s what’s known in the news business as a “man bites dog” story: a crooked CEO who thumbed his nose at the law has actually been incarcerated.

More »

Posted by Gary Weiss on May 3rd, 2008
Permanent link: Man Bites Dog: Crooked CEO is Jailed

The Corporate Crime Beat: Ex-CJR Editor Joins Overstock.com Smear Campaign
By Gary Weiss (bio)

Overstock.com CEO Patrick Byrne, the right-wing zealot and anti-education activist, has gained attention in the past for neat stuff like suggesting that uneducated people are so useless they should be burned. Well, Byrne has a new gambit at present, and it’s slimier than ever.

More »

Posted by Gary Weiss on April 19th, 2008
Permanent link: The Corporate Crime Beat: Ex-CJR Editor Joins Overstock.com Smear Campaign

Overstock.com CEO Patrick Byrne Spams Customers on ‘Mass Mind Control’
By Gary Weiss (bio)

The so-lurid-it’s-almost-funny saga of Overstock.com, and its unhinged CEO Patrick Byrne, took another twist over the weekend. Seems that Byrne sent out a spam email to customers claiming that Wikipedia was a vehicle for “mass mind control.”

More »

Posted by Gary Weiss on March 24th, 2008
Permanent link: Overstock.com CEO Patrick Byrne Spams Customers on ‘Mass Mind Control’

Will 60 Minutes Issue a Retraction?
By Gary Weiss (bio)

I’ve written in the past about how 60 Minutes, the CBS newsmagazine, was suckered by a corporate disinformation campaign and did a glowing segment on the Canadian drug-maker Biovail.

More »

Posted by Gary Weiss on March 24th, 2008
Permanent link: Will 60 Minutes Issue a Retraction?

Bear Stearns Should Be Allowed to Die
By Gary Weiss (bio)

A particularly disgraceful bit of news emerged on Friday. The Federal Reserve has guaranteed a credit line to help keep Bear Stearns afloat. I think this is a terrible idea.

More »

Posted by Gary Weiss on March 16th, 2008
Permanent link: Bear Stearns Should Be Allowed to Die

The Patrick Byrne Digest: News From the Nation’s Strangest Company
By Gary Weiss (bio)

I’m fascinated by Overstock.com CEO Patrick Byrne, whose in-your-face deceptions and misconduct are a constant challenge to securities regulators. Rarely in one location can one find so many issues, ranging from shady accounting to ethical and corporate governance lapses.

More »

Posted by Gary Weiss on February 22nd, 2008
Permanent link: The Patrick Byrne Digest: News From the Nation’s Strangest Company

Adventures in Pretexting: Overstock.com Edition
By Gary Weiss (bio)

The corporate train wreck Overstock.com, having just seen its stock price plummet 75% in three months, is desperate for a diversion from its lousy finances.

More »

Posted by Gary Weiss on January 25th, 2008
Permanent link: Adventures in Pretexting: Overstock.com Edition

The Fat Lady Gargles For a Subprime Lender
By Gary Weiss (bio)

New developments in the strange case of NovaStar Financial, a subprime lender whose stock was aggressively pushed by stock market conspiracy theorists.

More »

Posted by Gary Weiss on January 12th, 2008
Permanent link: The Fat Lady Gargles For a Subprime Lender

More on the Ron Paul: Is He Lying?
By Gary Weiss (bio)

Ron Paul and his campaign have responded vociferously to reports that their candidate’s newsletters made a variety of bigoted comments (in addition to cozying up to stock scamsters).

More »

Posted by Gary Weiss on January 10th, 2008
Permanent link: More on the Ron Paul: Is He Lying?

Ron Paul: Friend of Stock Scamsters
By Gary Weiss (bio)

Republican presidential candidate Ron Paul has been making a lot of noise lately for being in the very uncommon position of being right. He was unfairly excluded from a Fox News debate Sunday night.

More »

Posted by Gary Weiss on January 8th, 2008
Permanent link: Ron Paul: Friend of Stock Scamsters

A Screen Icon Unjustly Ignored
By Gary Weiss (bio)

Richard Widmark just celebrated his 93rd birthday. This icon of old Hollywood is the last of his breed, and he has been unjustly deprived of the recognition that he rightly deserves.

More »

Posted by Gary Weiss on December 28th, 2007
Permanent link: A Screen Icon Unjustly Ignored

Does You Know a CEO Who Needs an Excuse For His/Her Incompetence?
By Gary Weiss (bio)

It’s easy: just claim that your company is the target of a conspiracy by nefarious market forces. The technique is used by penny stock companies and by some even larger outfits — in particular, a money-loising Internet retailer called Overstock.com.

More »

Posted by Gary Weiss on December 28th, 2007
Permanent link: Does You Know a CEO Who Needs an Excuse For His/Her Incompetence?

Wall Street Dodges a Bullet
By Gary Weiss (bio)

I’ve always been a bit intrigued by the lawsuit that was filed against Wall Street brokerages last year by Electronic Trading Group LLC. This suit was dismissed yesterday, which is a shame.

More »

Posted by Gary Weiss on December 21st, 2007
Permanent link: Wall Street Dodges a Bullet

Donald Trump and the Penny Stock Kingpin
By Gary Weiss (bio)

There’s an intriguing article in the New York Times today about the “tangled past” of Felix Sater, who is partnering with the Trump organization in real estate deals.

More »

Posted by Gary Weiss on December 17th, 2007
Permanent link: Donald Trump and the Penny Stock Kingpin
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