Patrick Byrne, chief of "all about the O" Overstock.com, hit up the Fox Business Network to 1) defend against never having an entirely profitable year; and 2) to air out his conspiracy theory that CNBC has it out for him.

Byrne: "I happen to know for a fact there is a fax machine in the CNBC offices where every morning hedge funds send in the instructions. The journalists sit around and take their instructions."

Responded FBN anchor Liz Claman and former CNBC-er: "I used to work at CNBC and I never saw the fax machine."

Byrne: "I have a good source on that."

Uh huh. Clip below (RedLasso, maybe buggy).

Skip to the 5:00 mark:

[via SIA]