Goldman Sachs hires law firm to shut blogger's site

[brentspeak]

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5137489/Goldman-Sachs-hires-law-firm-to-shut-bloggers-site.html

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


By James Quinn, Wall Street Correspondent
Last Updated: 2:16PM BST 11 Apr 2009

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 www.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...

[begin_within]

1. So I guess they do run the world...

[Eric J in MN]

2. What a bogus legal claim.

No one is going to think that running an anti-Goldman Sachs website "implies a relationship" with the company in the sense of being supported by Goldman Sachs.

[Democrats_win]

3. Gotta love those Fraud Street Sewers.

Meanwhile, the RW will insist that you can't bring lawsuits against a big corporation no matter what the corporate crime.

[cagesoulman]

4. Paulson, Geitner. Goldman Sachs robbed us blind.

Motherf*ckers.