Comments on: Annals of news-burying, Overstock edition

By: Sam E. Antar (convicted felon and former Crazy Eddie CFO)

Sam E. Antar (convicted felon and former Crazy Eddie CFO) — Tue, 24 Nov 2009 09:14:30 +0000

Grant Thornton says Overstock.com lied:

http://whitecollarfraud.blogspot.com/200 9/11/open-letter-to-securities-and-excha nge_23.html

By: Don Doukas

Don Doukas — Tue, 24 Nov 2009 04:50:53 +0000

It’s so much of a “non story” that Grant Thornton says Overstock LIED.

http://garyweiss.blogspot.com/2009/11/gr ant-thornton-to-sec-overstockcom-lied.ht ml

http://norris.blogs.nytimes.com/2009/11/ 23/the-auditor-disagrees-with-overstockc om/

By: WSJevons

WSJevons — Mon, 23 Nov 2009 16:15:34 +0000

They failed to certify their financials. That is, the financial officers of the company will not sign off on SOX compliance.

That surely is not “no story”.

By: Unsympathetic

Unsympathetic — Mon, 23 Nov 2009 15:07:38 +0000

Felix,
In this case, there is no story with Overstock. The accountant notified them too late to complete formal changes and notifications, so they filed informally. Although it’s surely endless fun to provide links showing Byrne’s fight with short sellers, I’m still curious what the actual issue is with this incident.

By: P. Jodkins

P. Jodkins — Sun, 22 Nov 2009 18:25:43 +0000

Overstock took the joke literally and is literally a joke:

http://whitecollarfraud.blogspot.com/200 9/11/open-letter-to-securities-and-excha nge.html