Facebook, bad journalism and short selling hedge funds
Recently, short-selling hedge fund Rocker Partners paid Overstock.com $5-million to settle the lawsuit filed against them in August of 2005. This is a major victory for all public companies targeted by bear raiding hedge funds. But thanks to the unusually skewed reporting surrounding it, chances are you either hadnâ€™t heard about the suit, or were under the impression it was frivolous and certain to fail.
This presentation examines part of the story behind the coverage of the suit, using some innovative methods to explain why what you heard about the suit and its merits likely had little in common with the reality of it.
[flashvideo file="http://www.antisocialmedia.net/media/rocker-story.flv" /]