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Edited on Mon Apr-04-05 10:26 AM by TayTay
Overstock.com apparently supports not only Rethugs, but the Swifties. That's the last time I ever even look at them.
IN THE MONEY: 'Get Shorty's' Path From Utah To Washington
Source: Dow Jones News Service Date: April 04, 2005
NEW YORK (Dow Jones)--A senior U.S. senator's surprising interest in an arcane campaign against short selling followed hefty donations to Republican causes by one of the issue's key champions.
Patrick Byrne, a prominent corporate leader in the home state of Senator Robert Bennett, R-Utah, last year donated hundreds of thousands of dollars to a political advocacy group that financed advertisements against Democratic vice presidential candidate John Edwards. Byrne was also the largest private donor to Utah Republican gubernatorial candidate Jon Huntsman Jr. He also gave to Swift Boat Vets and POWS for Truth, a group that financed anti-John Kerry ads.
Byrne, president and chairman of online retailer Overstock.com (OSTK), has become a crusader and benefactor for conspiracy buffs who believe that Wall Street firms are cheating investors out of millions of dollars by illegally shorting stocks. The practice is known as "naked short selling."
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