Welcome to Welcome to DNF.com™ - Domain Sales, Domain Forum, Domain Appraisals, Domain Registrars

If you are new to domains and looking to buy, sell and learn about domains then you have come to the right place. DNForum is the largest domain name community on the internet and continues to grow every day. There are over 105,000 domainers on DNForum doing everything from buying domains, selling domains, learning about domains and discussing domains. Take a minute and Register.

Register Today on DNForum IT'S FREE!

Results 1 to 3 of 3
  1. #1
    Exclusive Lifetime Member
    500,000's Avatar
    Join Date
    Sep 2007
    Posts
    1,494
    Country

    Congo
    DNF$
    78
    Bank
    1,000
    Total DNF$
    1,078
    Donate  

    Expose Wall Street Mischief

    For six years Overstock.com has waged a war to expose Wall Street mischief. We did not go looking for a fight, but our company was attacked, and we learned we were not alone: the same manipulation-for-profit tools that Wall Street had deployed against us had also been deployed against many American companies, harming job creation, innovation, and economic growth. We knew that if left unchecked and unexposed, Wall Street's games could ultimately damage U.S. capital markets.

    So in 2005 and 2007 we filed two lawsuits. The first case was against a hedge fund (Rocker Partners) and hatchet-job-for-hire research team (Gradient Analytics), both with ties to Jim Cramer. The second case was against a group of eleven Wall Street prime brokers, culminating in Goldman Sachs. The hedge fund in question (Rocker Partners) hired famed lawyer David Boies, and the prime brokers showed up with an army of the most prestigious law firms in America. Our lawyers were Dore Griffinger, Ellen Cirangle, Jonathan Sommer and Catherine Jackson of Stein & Lubin, a small but excellent San Francisco law firm.

    We won the hedge fund case against Gradient and Rocker, extracting an apology, a retraction and over $5 million in cash (it felt good to beat David Boies' firm). In our prime broker case, one of the Wall Street banks (Lehman Brothers) has gone under (two, Bear Stearns and Merrill Lynch were sold at fire sale prices), and another seven paid us millions to let them out.

    That leads us to the main event this coming December, when Overstock.com will square off against Goldman Sachs and Merrill Lynch (and Merrill's parent, Bank of America) in a San Francisco courtroom. Recently, in the prosecution of this case, we uncovered evidence of collusive action between Goldman Sachs, Merrill Lynch and other Wall Street bad guys, in a scheme designed to fool regulators and profit illegally at the expense of Overstock.com. As a result of this discovery, in December 2010, we added a Racketeer Influenced and Corrupt Organization (RICO) Act claim and requested treble damages under this RICO claim. We firmly believe the conduct of Goldman Sachs and Merrill Lynch were "racketeering" and "corrupt." We are moving forward: trial is scheduled to commence this year, on December 5, 2011. At trial we will hold Goldman Sachs and Merrill Lynch accountable and expose a slew of illegal Wall Street practices to the public.
    http://www.overstock.com/50257/static.html

    Dear Customers,

    We are sad to announce that the O.co Marketplace (Auctions) has closed. We extend our gratitude to all of you who helped make the O.co Marketplace an exciting place for both buyers and sellers. WeDear Customers,

    We are sad to announce that the O.co Marketplace (Auctions) has closed. We extend our gratitude to all of you who helped make the O.co Marketplace an exciting place for both buyers and sellers. We encourage you to visit our other O.co websites, where you can find great savings on brand-name merchandise, cars, and even vacations.

    Sincerely,
    The O.co Marketplace Team

    encourage you to visit our other O.co websites, where you can find great savings on brand-name merchandise, cars, and even vacations.

    Sincerely,
    The O.co Marketplace Team

  2. #2
    Platinum Lifetime Member
    H2FC's Avatar
    Join Date
    Apr 2006
    Location
    iGreenDomains
    Posts
    2,172
    Country

    United States
    DNF$
    2,591
    Bank
    0
    Total DNF$
    2,591
    Donate  
    Good for Overstock.com....I wish them well with the lawsuits.

    Thanks for posting this 500,000 (whatever the heck that means), it gives you new credibility in my eyes when you post something useful such as this.
    Politicians and diapers need changing often...both for the same reason.

  3. #3
    Platinum Lifetime Member

    Join Date
    Aug 2003
    Location
    Canada
    Posts
    575
    DNF$
    1,705
    Bank
    0
    Total DNF$
    1,705
    Donate  
    Overstock.com is now my favorite place to shop online.

    No major US news coverage. Their media links go to sites like theregister.co.uk and rollingstone.com. Im not surprised.
    http://www.rollingstone.com/politics...k=mostpopular3

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Domain name forum recommended by Domaining.com