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Patrick Byrne: Still too busy to run that dog of a company, Overstock.com

Fri 04 Jan 2008

Fraud Prevention

You’d think that with the sudden resignation of Overstock.com’s (NASDAQ: OSTK) president, COO, co-founder, and board member Jason Lindsey, Patrick Byrne might be a little bit busy. After all, when high-level executives bail without warning from a sinking ship like Overstock, and there’s no replacement to be had, there tends to be a bit of work to be done.

And with the company’s stock in a serious free-fall, there should be even more scrambling going on at Overstock.

But Patrick Byrne, the CEO who has almost single-handedly run Overstock into the ground doesn’t want to spend his precious time trying to run the company. He’s too busy playing word games with a reporter and posting on message boards without disclosing his full name and affiliation with Overstock. Oh well… some things never change.

Here’s his latest on the Investor Village message board. Click on the graphic to see it full size.

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