Economic Club Speaker was Chided for ‘Outlandish’ Economic Predictions — That Came True


Patrick Byrne, CEO of Overstock.com, was widely criticized by financial professionals and journalists for predicting a global financial crisis more than two years ago. Byrne, a native of Fort Wayne who received his education from Cambridge and Stanford, warned of a market meltdown perpetrated by cheap credit and writing checks on the bank accounts of future generations. The man who took Overstock.com from a half-million dollars in annual revenue to nearly $1 billion annually, takes little pleasure in accurately predicting our current economic situation but continues to advocate for what he feels are positive reforms – specifically to the controversial practice of short selling stocks.

Byrne will appear at the Economic Club of Indiana luncheon in Indianapolis on November 5. Get your tickets today.

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