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      Week-end Wrap – Political Economy – August 25, 2019 by Tony Wikrent Economics Action Group, North Carolina Democratic Party Progressive Caucus Strategic Political Economy Give No Heed to the Walking Dead [The Scholar’s Stage, via Naked Capitalism 8-18-19] The People’s Republic of China is wealthier than any rival America has faced. Its leaders are convinced […]
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Florida Blogger in David-and-Goliath Battle with Goldman Sachs

Goldman Sachs, NYC, from Telegraph UK

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.

From the Telegraph:

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.

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