Patrick M. Byrne (born November 29, 1962) is an American entrepreneur who was the CEO of Overstock.com. In 1999, Byrne launched Overstock.com after leading two smaller companies, including one owned by Warren Buffett’s Berkshire Hathaway. In 2002, Byrne took Overstock.com public. Since its initial public offering, Overstock.com has increased revenue to almost $1.8 billion, while achieving profitability in 2009.
In 2005, Byrne became known for his campaign against illegal naked short selling. Byrne and securities regulators maintained illegal naked shorting had been used in violation of securities law to distort prices of public companies’ stock. Under his direction, Overstock.com filed two lawsuits alleging improper acts by Wall Street firms, a hedge fund, and an independent research firm. In each case the defendants settled with Overstock.com out of court. Continue reading “Entrepreneur: Patrick M. Byrne”
ProTrumpNews Staff, 27 February 2021
Former Overstock.com CEO Patrick Byrne was a major player in the effort to investigate the 2020 election irregularities and fraud.
He offered his considerable resources to the Trump team.
Anything that is “fully paid for”, like a 401k, is automatically segregated by your broker & can’t be touched. It is a very big no-no for those shares to be used & when a broker gets their annual rectal exam by the authorities it is one of the first things the examiners check for
Robert David Steele
Ihor, nice in theory but the reality is that brokers ALWAYS borrow cash account shares to cover naked shorts, i.e. shares sold long that they don’t own or have not legally borrowed. @PatrickByrne https://stopnakedshortselling.org
Cade Metz, WIRED, 18 February 2021
The problem with the modern economy, Byrne says, is that it rests on the whims of our government and our big banks, that each has the power to create money that’s backed by nothing but themselves. Thanks to what’s called fractional reserve banking, a bank can take in $10 in deposits, but then loan out $100. The government can make more dollars at any time, instantly reducing the currency’s value. Eventually, he says, laying down a classic libertarian metaphor, this “magic money tree” will come crashing down.
Mark Cohodes posted this to his “private” twitter:
Robert Steele, intelligence professional, responded:
@AlderLaneeggs Bummer — you are climbing in the tag cloud at https://t.co/fHcO89SqIU. We have it all — every email, every text, every game chat and every single one of your banking transactions. Have a great day, Mr. C. @PatrickByrne
— Robert David Steele (@OSSRobertSteele) February 17, 2021
NOTE: Mr. Cohodes is believed to be well aware there were 50 million counterfeit shares. Evidence of both that fact and his knowledge of and engagement with that fact can be presented to a court court. Mr. Cohodes should have his day in court — in fact, he should have many days in many courts in CA, UK, and US. Tik tok, tik tok . . .
Marketswiki, 02 February 2021
Patrick Byrne is an American entrepreneur. Despite owning a company that is publicly traded on Wall Street, he has been called “The Scourge of Wall Street” for his outspoken criticism of several high-profile individuals in various financial institutions whom he accused of corruption. He is the founder and chief executive officer of Overstock.com, one of the first retailers to begin accepting bitcoin as payment for goods and services. He is also the co-creator of the blockchain platform tZERO.
On August 22, 2019, in a letter to shareholders, Byrne announced his resignation as chief executive officer and member of the board of Overstock.com. Continue reading “Article: Patrick Byrne”
Cooter, 05 January 2021
We’ve learned some new and very important information thanks to former Overstock CEO Patrick Byrne this week. They’ve now been able to confirm and corroborate the testimony and sworn affidavit of the USPS worker who said that he drove ballots from New York to Pennsylvania. Continue reading “Article: PATRICK BYRNE GIVE REAL HOPE IN ELECTION FRAUD INVESTIGATION”
Subject: Immediate Opportunity to Confiscate $100 Trillion from Wall Street
29 December 2020
Sheelah Kolhatkar, 07 December 2020
In July, 2015, Patrick Byrne, the founder of the online discount retailer Overstock, delivered a twenty-minute talk at FreedomFest, the annual libertarian conference in Las Vegas. Other speakers included the venture capitalist Peter Thiel; John Mackey, the chief executive officer of Whole Foods; and the Presidential candidate Donald J. Trump.
Byrne’s talk, entitled “Turtles All the Way Down: How the Crypto-Revolution Solves Intractable Problems on Wall Street,” was a version of one he had given many times before. It touched on several of his interests, including the kind of liberalism usually referred to as libertarianism, the flaws in the structure of the stock market which make it vulnerable to manipulation, and how a blockchain-based financial system could eliminate those flaws. After the talk, a line of people waited by the stage to speak to Byrne.
Continue reading “Article: A Tycoon’s Deep-State Conspiracy Dive”
JOHN L. DORMAN, 29 November 2020
Former Overstock.com CEO Patrick Byrne said that he’s financing “a team of hackers and cybersleuths” in an attempt to prove that President Donald Trump won the 2020 presidential election, according to The Daily Beast.
Byrne, who stepped down from his position at Overstock last year after admitting to a relationship with a Russian spy, recently went on the One America News Network (OAN), a conservative news outlet and a favored media destination of Trump, to detail what he described as a “rigged” election process. Continue reading “Article: Former Overstock.com CEO says he’s funding ‘a team of hackers and cybersleuths’ in an attempt to prove that Trump won the presidential election”