Goldman Sachs: No Criticism By Bloggers Allowed

April 13, 2009 6:00am by Barry Ritholtz

WTF?!?

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.”

Why do I suspect this one will bite GS in the arse . . . ?

Sources:
Facts About Goldman Sachs
http://www.goldmansachs666.com/

Goldman Sachs hires law firm to shut blogger’s site
James Quinn,
Telegraph.co.uk, 2:16PM BST 11 Apr 2009
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5137489/Goldman-Sachs-hires-law-firm-to-shut-bloggers-site.html

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