Kudos to Patrick Byrne. I was always a amazon kinda guy, but here I come overstock.com!
The Center for Preventive Action (CPA) "was established by the Council on Foreign Relations in 1994 to help prevent, defuse, or resolve deadly conflicts around the world and to expand the body of knowledge on conflict prevention."
The Council on Foreign Relations established the General John W. Vessey Chair in Conflict Prevention in honor of General Vessey, the former Chairman of the Joint Chiefs of Staff. Made possible by a generous gift from Council member Patrick M. Byrne, chairman of the board and president of overstock.com, and his parents John and Dorothy, the chair was created to recognize the importance of conflict prevention in an increasingly complicated and dangerous world. The Byrnes have made this gift to recognize General Vessey’s contributions to the country during over sixty years of public service, and to call attention to a missing ingredient in the U.S. foreign policy debate: the need for a strategy for preventing conflict around the globe.


Patrick Byrne made headlines of his own by taking on Wall Street firms, including Goldman Sachs, with his claims that Overstock has been a victim of heavy so-called “naked shorting” that was designed to push down the value of the company’s stock. The stock now trades at under $8 from a high of $76 in 2004. Overstock said a trial is set for March 2012.
This is an expensive nuisance for the banks, costing them millions in legal fees, and I'm sure they'd like to make it go away by throwing some bucks at Overstock. Byrne's hopes along those lines were encouraged when Morgan Stanley (MS), Citigroup (C), Deutsche Bank (DB), Credit Suisse (CS), Union Bank of Switzerland and Bank of New York (BK) cashed out in 2010 for $4.5 million, and Bank of America (BAC) chose to bow out recently, in a settlement whose terms have not been disclosed.