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Showing posts from April, 2007

Questions the Securities and Exchange Commission may ask Patrick Byrne (CEO of Overstock.com) in its investigation of (not “on”) Overstock.com

As the Chief Financial Officer of Crazy Eddie, I pretended to be transparent our shareholders, Wall Street analysts, the press, our auditors, our independent directors, and the government investigators. As a criminal, I thought that I knew how to lie when I was seldom asked a good question. I have said that “white collar crime is a crime of deceit and white collar criminals are artful liars.”One component of white collar crime is the use of deception. In my previous post on this blog, entitled “The Deceptions of Patrick Byrne (CEO of Overstock.com) and Judd Bagley (Director of Social Media at Overstock.com), I analyze various deceptions employed by Patrick Byrne and Judd Bagley in their efforts to distance the smear web site antisocialmedia.net from Overstock.com.

Another component of white collar crime is the use of smears and intimidation against any person that stands in the criminal’s way. My previous blog post “Don’t Mess with Overstock.com CEO Patrick Byrne” describes some of the…

The Deceptions of Patrick Byrne (CEO of Overstock.com) and Judd Bagley (Director of Social Media at Overstock.com)

Be careful about what you say and writeAs a criminal I thought I could get away with lying under oath in many depositions conducted by the Securities and Exchange Commission and others who investigated the crimes at Crazy Eddie.

I lied with a straight face to the investigators under oath. I was determined to obstruct justice at every opportunity and to escape responsibility and accountability for my crimes. I simply did not care about the victims of my crimes and fought justice at every opportunity.

Had I not been caught by the government I would still be a criminal today.

I learned a very hard lesson from my experiences of lying under oath before I began my cooperation with the government and civil plaintiffs in early 1989. Be careful of what you say and represent to others, it may come back to haunt you.

Examining statements by Patrick Byrne and Judd Bagley about the smear web site antisocialmedia.netDuring the last few months I have been examining the actions of Patrick Byrne (CEO of O…