Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
The story of Deep Capture (linked in the last bit about naked shorting) is itself of interest to ETers.

The Deep Capture website was created to bypass the "captured" institutions that mediate our nation's discourse. It was initially funded by Patrick Byrne, CEO of Overstock.com, but it is not part of Overstock. It functions as a separate, limited liability media company, whose co-owners and managers are Evren Karpak and Mark Mitchell (former partner Judd Bagley having left the organization upon returning to work at Overstock.com in 2010) .

Public choice theory describes a phenomenon whereby industries take control of, or "capture", regulators who are supposed to oversee them. The claim of this website is that powerful actors have been able to influence or take control of not just the regulators, but also law enforcement, elected officials, national media, and the intellectual establishment.

It is our mission to expose this "deep capture."

You can't be me, I'm taken
by Sven Triloqvist on Sat Nov 20th, 2010 at 06:11:34 AM EST

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