
Goldman Sachs, NYC, from Telegraph UK
On Saturday, April 11, The Daily Telegraph reported that investment giant Goldman Sachs has retained Chadbourne & Parke, a Wall Street law firm, to shut down the website of Mike Morgan, a Florida blogger and registered investment advisor.
Morgan, who just set up his blog in late March, is currently gathering volunteers to help him research the bank’s influence on the U.S. Government and the stock market. Morgan’s website is here. He has scheduled a conference call and “webinar” for tomorrow night, April 15 at 6PM for volunteers who want to help him research Goldman Sachs, their role the the financial meltdown, and their possible manipulation of the stock market through their dealings with AIG. He also wants to call attention to Goldman Sachs’ influence on the government through their large donations to politicians such as President Barack Obama and Connecticut Senator Chris Dodd. Morgan discloses that he did lose money from his investments with Goldman Sachs.
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.
Filed under: Barack Obama, Blogosphere, collective action, Economic Blogs, Financial Meltdown of 2008 | Tagged: Chadbourne & Parke, Goldman Sachs, Karl Denninger, Mike Morgan, The Market Ticker | 110 Comments »