Warren Buffett,apologist for Utah Overstock.com Patrick Byrne,Senator Bennett stock fraud (tags)
Mr. Buffett acknowledged that he has a "friend" who is very concerned with naked short selling, a reference to Patrick Byrne, the chairman and chief executive of Overstock.com, an online "close-out" retailer. He said that while the many companies that attract a lot of interest from short sellers "very often" are later revealed to be frauds, he noted that "The one my friend runs is not at all." Mr. Buffett and Mr. Byrne go back a long way; Mr. Byrne's father, Jack Byrne, was long-time head of Geico, Berkshire's automobile-insurance subsidiary. - from Wall Street Journal
Charles Schwab:Joseph Grundfest,Stanford University Law,defends SEC's McCarthy Tactics (tags)
While subpoenaing journalists directly was a "big mistake," says Stanford law professor Joseph Grundfest, "it shouldn't be surprising and it shouldn't disappoint anybody" that the agency is going after market participants' communications with journalists. "It would be a very strange world if people could be held liable for every lie they told except for the biggest lies they told to reporters," he(Joseph Grundfest,ex-SEC Commissioner and Stanford University law professor) adds.” Joseph Grundfest,Stanford University Law,defends SEC's Business Journalist McCarthyism & stock fraud
Ex Undersecretary Commerce Robert Shapiro aids J. D. Davidson ,Attorney John O'Quinn fraud (tags)
Clinton Undersecretary of Commerce Robert Shapiro aids James Dale Davidson's , Attorney John O'Quinn's stock fraud :It must be remembered he(James Dale Davidson) claims to have been a supporter during Clinton's first election even though the writing below indicates he had very close ties to Papa Doc or 'Poppy' Bush in the 1980's.