Patrick Byrne, the 42-year-old president of Overstock.com, a seller of excess retail inventory, apologized to investors yesterday for a $14.2 million third-quarter loss thusly, and we quote: “My bad.”
Later in his conference call, he warned of a potential hostile takeover of his company being orchestrated by a “Sith lord,” forcing the poor Bloomberg writer to explain what a Sith lord is. Perhaps investors can look forward to the company’s Q4 earnings being dramatized with the aid of scale models and action figures. “Okay. Here’s the Ewoks. That’s us . . .”
Wa Po: Is There a Grown-Up Here? Anywhere?
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