Goldman Sachs, and others by the same author must have hurt someone's feelimg at GS.
Goldman Sachs hires law firm to shut blogger's site
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 New York headquarters of Goldman Sachs, which has instructed a Wall Street law firm to tell a blogger to stop criticising the bank.
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.
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....
I don't think they have a case, but they can hire enough lawyers to keep him too busy to post objective assessments and honest appraisals.
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