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Goldman Sachs hires law firm to shut blogger's site

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FieldsBlank Donating Member (52 posts) Send PM | Profile | Ignore Mon Apr-13-09 05:13 AM
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Goldman Sachs hires law firm to shut blogger's site
GS just gave this guy more publicity than he could have ever hoped for.


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Goldman Sachs is attempting to shut down a dissident blogger who is extremely critical of the investment bank, its board members and its practices.

The bank has instructed Wall Street law firm Chadbourne & Parke to pursue blogger Mike Morgan, warning him in a recent cease-and-desist letter that he may face legal action if he does not close down his website.

Florida-based Mr Morgan began a blog entitled "Facts about Goldman Sachs" – the web address for which is goldmansachs666.com – just a few weeks ago.

In that time Mr Morgan, a registered investment adviser, has added a number of posts to the site, including one entitled "Does Goldman Sachs run the world?". However, many of the posts relate to other Wall Street firms and issues.

According to Chadbourne & Parke's letter, dated April 8, the bank is rattled because the site "violates several of Goldman Sachs' intellectual property rights" and also "implies a relationship" with the bank itself.

Unsurprisingly for a man who has conjoined the bank's name with the Number of the Beast – although he jokingly points out that 666 was also the S&P500's bear-market bottom – Mr Morgan is unlikely to go down without a fight.

He claims he has followed all legal requirements to own and operate the website – and that the header of the site clearly states that the content has not been approved by the bank.

http://digg.com/d1oRAa

http://www.goldmansachs666.com/
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-13-09 05:38 AM
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1. Good Catch!
May I cross post to Stock Market Watch?
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SlowDownFast Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-13-09 08:13 AM
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2. Telegraph article
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