Feeds

Overstock CEO offers $75,000 for Wall Street's soul

Taunt the Russian mafia or die trying

Build a business case: developing custom apps

Overstock CEO Patrick Byrne is now paying people to promote his epic Wall Street conspiracy theory.

At a site called Deep Capture - yes, Deep Capture - Byrne and his fellow theorists recently published a nearly 40,000-word treatise detailing his claims that Wall Street, the Wall Street press, Wikipedia, and the Russian mafia have conspired to cover up an illegal stock market manipulation scheme of unprecedented proportions. If you can find a clever way of exposing this sordid tale to the masses, the world's most entertaining CEO will pay you as much as $30,000.

"In Goethe's Faust, Faust re-translates the Bible. The opening line [of The Gospel of John] is 'In the beginning, there was the word.' But he realizes that will never do, and he changes it to 'In the beginning, there was the act.' That's what we're doing here," Byrne tells us, in that unmistakably Byrne way. "We're incentivising people to go out and inject Deep Capture out into the public discourse."

So, if you want the cash, you have to read all 40,000 words. Then you have to convince others to read them. We'll be impressed if you make it past step one.

In recent weeks, Byrne set up a brand new company that does nothing but drive his long-running crusade against a Wall Street trick known as naked short selling. This three-man outfit - also called Deep Capture - has set aside a total of $75,000 for fellow crusaders. The best PR stunt gets $30,000. The next best gets $20,000. And so on.

But before you make a play for the dough, you should know this: Byrne insists that a Russian mobster once threatened him with death if he continued to broadcast his views on naked shorting. Of course, Byrne is still alive. So you may be safe. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.