Talk About Network

Google


Register and Login
Nick
Password
Register create new account Sign up is FREE and you can post replies, new topics, bookmark posts and more!
Recover lost password


Celebrities > Cecil Adams > I know these wo...
Latest [ Topics | Posts ] Archive Post A New Topic Post a Reply
<< Topic < Post Post 1 of 46 Topic 21185 of 25268
Post > Topic >>

I know these words separately

by nebusj-@[EMAIL PROTECTED] (Joseph Nebus) Mar 10, 2008 at 11:15 PM

I feel like this news re****t ought to be understandable, and 
yet somehow it isn't coming together for me.  Among the things that I 
wasn't expecting, besides the re-emergency of a Crazy Eddie personality: 
Geico is a Berk****re Hathaway thing?  Overstock.com is an actual 
company that does something or other?  You can call financial analysts 
Sith Lords?  

	http://blog.wired.com/business/2008/03/crazy-eddie-fra.html

	'Crazy Eddie' Exec Alleges Fraud at Overstock.com
	By Betsy Schiffman 	March 10, 2008 

		Sam Antar, a self-described convicted felon, takes 
	credit for helping mastermind the Crazy Eddie securities scheme, 
	one of the largest fraud cases of its time (it predates Enron). 
	Because of his experience, Antar says, he knows fraud when he 
	sees it -- and he thinks he sees it in Overstock.com.

		The feud between Antar and Overstock.com CEO Patrick Byrne 
	has to be one of the weirdest dramas unfolding in business today. 
	It has all the makings of a made-for-TV movie, or at the very 
	least, an episode of Arrested Development. Antar obsessively 
	argues that Overstock.com is falsifying its financial results and 
	misleading investors. Byrne, for his part, denies the charges -- 
	and has implied that Antar has a financial interest in tra****ng 
	Overstock.com.

		Byrne, the subject of Antar's research, comes from a 
	reputable family. His father, John Byrne, was former chairman of 
	Berk****re Hathaway's GEICO subsidiary. Patrick Byrne isn't your 
	typical dot-com CEO: He took over as CEO of Overstock.com in 1999, 
	after obtaining a masters degree from Cambridge as a Marshall 
	Scholar and a Ph.D. in philosophy at Stanford. He's no dummy, but 
	he is a loose cannon: He famously said on a conference call with 
	financial analysts a few years ago that there was a "Sith Lord" 
	conspiring to drive down his stock.

		Antar is a colorful character in his own right. After 
	helping falsify profits and financial records for the Crazy Eddie 
	chain, Antar says, he escaped jail time because he squealed on his 
	cousin Eddie Antar, the eponymous "Crazy Eddie" in the electronics 
	retail chain, known for its insaaaane prices.

-- 
								Joseph Nebus
------------------------------------------------------------------------------
 




 46 Posts in Topic:
I know these words separately
nebusj-@[EMAIL PROTECTED]  2008-03-10 23:15:04 
Re: I know these words separately
Blinky the Shark <no.s  2008-03-10 21:08:07 
Re: I know these words separately
Bill Kinkaid <davelist  2008-03-11 14:27:52 
Re: I know these words separately
Blinky the Shark <no.s  2008-03-11 11:20:46 
Re: I know these words separately
"artyw2@[EMAIL PROTE  2008-03-11 07:40:57 
Re: I know these words separately
nospam@[EMAIL PROTECTED]   2008-03-11 04:28:55 
Re: I know these words separately
Mike <mike@[EMAIL PROT  2008-03-11 08:16:09 
Re: I know these words separately
Justin <jnolastname@[E  2008-03-11 15:53:08 
Re: I know these words separately
huey.callison@[EMAIL PROT  2008-03-11 17:07:57 
Re: I know these words separately
bill van <billvan@[EMA  2008-03-11 23:47:51 
Re: I know these words separately
Justin <jnolastname@[E  2008-03-11 19:09:19 
Re: I know these words separately
Rich T <rich_tintera@[  2008-03-12 09:31:13 
Re: I know these words separately
groo <afcagroo@[EMAIL   2008-03-16 02:32:46 
Re: I know these words separately
xhoster@[EMAIL PROTECTED]  2008-03-11 16:03:54 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-11 16:11:36 
Re: I know these words separately
Mary <mrfeathers@[EMAI  2008-03-11 10:51:59 
Re: I know these words separately
Opus the Penguin <opus  2008-03-11 18:39:50 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-12 00:23:38 
Re: I know these words separately
Bill Turlock <"Bi  2008-03-11 17:36:33 
Re: I know these words separately
Opus the Penguin <opus  2008-03-12 03:01:01 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-12 03:59:02 
Re: I know these words separately
Opus the Penguin <opus  2008-03-12 13:03:40 
Re: I know these words separately
Dover Beach <moon.blan  2008-03-12 11:42:18 
Re: I know these words separately
Jerry Bauer <usenet@[E  2008-03-12 06:54:23 
Re: I know these words separately
Boron Elgar <boron_elg  2008-03-12 11:38:54 
Re: I know these words separately
Jerry Bauer <usenet@[E  2008-03-12 23:15:28 
Re: I know these words separately
Boron Elgar <boron_elg  2008-03-13 07:15:59 
Re: I know these words separately
"Reunite Gondwanalan  2008-03-12 18:30:45 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-13 04:51:25 
Re: I know these words separately
Estron <estron@[EMAIL   2008-03-13 23:20:54 
Re: I know these words separately
bill van <billvan@[EMA  2008-03-14 07:33:06 
Re: I know these words separately
Les Albert <lalbert1@[  2008-03-11 18:29:18 
Re: I know these words separately
Dover Beach <moon.blan  2008-03-12 01:46:54 
Re: I know these words separately
Opus the Penguin <opus  2008-03-12 03:01:01 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-12 03:54:50 
Re: I know these words separately
Bill Turlock <"Bi  2008-03-11 21:43:22 
Re: I know these words separately
"Reunite Gondwanalan  2008-03-12 18:32:42 
Re: I know these words separately
Bob Ward <bobward@[EMA  2008-03-11 12:00:38 
Re: I know these words separately
Veronique <veroniqueun  2008-03-11 20:03:59 
Re: I know these words separately
Jim Ellwanger <usenet@  2008-03-11 20:24:56 
Re: I know these words separately
Bob Ward <bobward@[EMA  2008-03-11 21:01:41 
Re: I know these words separately
Bill Turlock <"Bi  2008-03-11 21:31:08 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-13 04:50:00 
Re: I know these words separately
xhoster@[EMAIL PROTECTED]  2008-03-13 14:42:16 
Re: I know these words separately
Hank Gillette <hankgil  2008-03-13 15:37:10 
Re: I know these words separately
Snidely <Snidely.too@[  2008-03-12 18:33:12 

Post A Reply:
  Go here to Signup

AddThis Feed Button


About - Advertising - Contact - Frequently Asked Questions - Privacy Policy - Terms of Use - Signup

Contact
tan12V112 Sat Nov 22 1:18:15 CST 2008.