Goldman Sachs tries to shut down financial blogger
Mike Whitney Global Research
April 15, 2009Interview of financial analyst Mike Morgan
Mike Morgan is a registered investment adviser and a scrappy shoot-from-the-hip guy who doesn’t mince his words. Recently Morgan has come under fire from investment giant Goldman Sachs for his hard-hitting web site “Facts about Goldman Sachs”.
According to the U.K. Telegraph:
“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.
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.
On a special section of his blog entitled “Goldman Sachs vs Mike Morgan” he predicts that the fight will probably end up in court.
“It’s just another example of how a bully like Goldman Sachs tries to throw their weight around,” he writes.” (UK Telegraph)
Morgan agreed to answer a few questions about Goldman Sachs, the TARP and the ongoing financial crisis.
Mike Whitney: Is Goldman Sachs trying to shut down your web site?Mike Morgan: Yes
MW: Why?
Morgan: The legal answer to that would be . . . you need to ask them the question. I would think it is because we are exposing the truth . . . and the truth hurts.
MW: Have you libeled them or published privileged information?
Morgan: No.
MW: Could you tell us something about yourself so that readers can trust your criticism of G-Sax?
Morgan: I am 53 years old and believe all of the answers for how we should live are in the Bible…God gave David the choice of paying the consequences at the hands of David’s enemies or at the hand of God. David chose God’s consequences. Hank Paulson and the thousands of wicked men like him deserve the wrath of the millions of lives they have destroyed. We must go after the crooks and make them pay the consequences for their greed and the total disregard for anyone other than themselves. We need to start with Hank Paulson, who as CEO of Goldman Sachs, was more responsible than any 10 men combined, for the violent Depression we are about to enter.
MW: Why was G-Sax given $10 billion out of the TARP funds before federal regulators checked their books to see if they were solvent?
Morgan: Because King Henry (Henry Paulson) said so. As former CEO of Goldman Sachs, the last thing he wanted to see was a collapse of Goldman Sachs. And as Treasury Secretary with a big stick, he could do whatever he pleased . . . and he did.
read full article… Goldman Sachs tries to shut down financial blogger.
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