Overstock's problems go deeper than ex-CEO Patrick Byrne

In the midst of all of the drama caused by ex-Overstock CEO Patrick Byrne since his departure, with everything from talks of an affair with a Russian spy to accusations of market manipulation, many speculators have come to believe that Byrne was the source of the online retailer's problems. However, Overstock's issues are much more deeply rooted with controversial activity being conducted by other members of the management team as well as the companies Overstock associates itself with.

Within the past few years, Overstock has participated in several seemingly questionable acquisitions, which have paid out millions to company insiders.