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Remember these dumbest moments? Here are some of the highlights of stupidity in 2005.
Winner, Dumbest Moment, Investor Relations
Overstock.com CEO Patrick Byrne
Winner, Dumbest Moment, Investor Relations
We find your lack of faith disturbing
Over the course of 2005, Overstock.com CEO Patrick Byrne issues increasingly shrill pronouncements about nefarious short-sellers driving the company's stock into the ground. After listening to an Overstock conference call with investors in August, Dallas Mavericks owner Mark Cuban posts to his blog a list of the topics Byrne covered: "Miscreants; an unnamed Sith Lord he hopes the feds will bury under a prison; gay bath houses; whether he is gay, does cocaine, both, or neither; phone taps; phone lines misdirected to Mexico; arrested reporters; payoffs; conspiracies; crooks; egomaniacs; fools; paranoia; which newspapers are shills and for who; money laundering; his Irish temper; false identities; threats; intimidation; and private investigators. All in 61 minutes." Cuban then short-sells 10,000 shares of Overstock.

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