A reality check.
Warren Buffett,apologist for Utah Overstock.com Patrick Byrne,Senator Bennett stock fraud (tags)
Mr. Buffett acknowledged that he has a "friend" who is very concerned with naked short selling, a reference to Patrick Byrne, the chairman and chief executive of Overstock.com, an online "close-out" retailer. He said that while the many companies that attract a lot of interest from short sellers "very often" are later revealed to be frauds, he noted that "The one my friend runs is not at all." Mr. Buffett and Mr. Byrne go back a long way; Mr. Byrne's father, Jack Byrne, was long-time head of Geico, Berkshire's automobile-insurance subsidiary. - from Wall Street Journal
Schwab:SF SEC Uses McCarthy tactics to protect right wing stock fraud (tags)
Due to unforseen publicity SF SEC backed down from subpeonas issued to Dow Jones business journalists Herb Greenberg and Carol Remond.It appears to be a warning from the Beltway to all journalists to back off of Patrick Byrne and http://www.ncans.net investigation that could implicate many politicians and far right Beltway denizens including James Dale Davidson,founder of National Taxpayers Union and of the 'Clinton killed Vince Foster'smear campaign who may launder money in penny stock scams and illegal pump and dump scams for some Beltway politicos and insiders.Charles Schwab knows a lot but he ain't talking and the SF SEC IS NOT LIKELY TO ASK.Are there any investigative journalists left in the Bay Area ? Didn't think so.This is related to a Patrick Byrne and his Overstock.com pump and dump vs. Rocker Partners Hedge Fund ongoing in Marin County as I type.
New Jersey Star-Ledger,legislature conned by stock fraud Gary Valinoti ? (tags)
The fraud(stock manipulation and illegal pump and dump activity erroneously attributed to 'naked short sells' and 'FTD' or 'fails to deliver' by the criminals) is massive,Beltway connected and may include money laundering with penny stocks and other stock shares in terrorist suspect money laundering havens such as Kuala Lumpur and Dubai.Paradoxically Gary Valinoti is a pal of David Patch who in turn is James Dale Davidson connected.Davidson is founder of the Steve Forbes and Grover Norquist connected National Taxpayers Union that funded the effort to smear New Jersey Gov. Jon Corzine.And James Dale Davidson orchestrated the Richard Mellon Scaife funded 'Clinton killed Vince Foster' smear campaign against Bill Clinton ! Small world ain't it ?!