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Blogger Gears Up for Legal Battle Over Goldman Sachs Critique

Posted Apr 10, 2009 12:25 PM CST
By Martha Neil

A major Wall Street investment bank has apparently retained a well-known New York City-based law firm in an effort to curtail a blogger's critical posts.

But blogger Mike Morgan says he isn't intimidated by the cease-and-desist letter he recently received from Chadbourne & Parke concerning his blog, Facts about Goldman Sachs, reports the Telegraph. (The full text of Chadbourne's April 8 letter is posted on Morgan's blog.)

A similar battle a few years ago with a United States homebuilder over another critical blog, he says, left him well-equipped to handle the intellectual property issues asserted by Chadbourne:

"Since I went through this with Lennar, I've had advice from some of the best intellectual property lawyers, and I know exactly what I can and can't do. We're not going to back down from this," Morgan told the United Kingdom newspaper.

The ABA Journal's requests for comment from the Chadbourne partner whose name was on the posted letter to Morgan did not immediately receive a response.

Additional and related coverage:

ABAJournal.com: "In ‘Fig Leaf’ Settlement With Jones Day, Website Agrees to Adjust Use of Links"

Bloomberg: "Goldman Sachs Love Blog Is Now for Sale to Anyone: Matthew Lynn"

Connecticut Law Tribune: "Goldman Sachs Threatens Blogger With Legal Action"

Updated at 2:50 p.m. on April 20 to link to subsequent Bloomberg an Connecticut Law Tribune coverage.

Comments

1.

B. McLeod
Apr 10, 2009 7:20 PM CST

Perhaps young Mike has seven facts, and every fact of Goldman Sachs, and to each fact, some seven nits.  NIts and Sachs, facts and Mike - I think he told them, “Take a hike”!!

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2.

Debra Veoli
Apr 11, 2009 7:07 AM CST

I think that people should be able to say what they want on a BLOG as long as they are being truthful. 

The blogger should not be deterred by the law firm, who is a VERY famous law firm, with powerful partners there.

I think that there may be a Personal bankruptcy case for Bernhard Maidoff, and this case could be handled by a large law firm.  If that law firm handled the Goldman matter, would that be a conflict?

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3.

Bob Smith
Apr 11, 2009 11:40 AM CST

Every single person in the world who blogs or has control of a Web site - if they have the guts to call a spade a spade - should copy Mike Morgan’s online material about Goldman Sachs and post it on their Web site.

Once the movement reached critical mass, the big, bad, scarily powerful law firm that Goldman Sachs hired wouldn’t be able to keep up with the action (nor would 100 additional law firms, working full time), as the flames fanned out and the truth spread like wildfire…

And I believe that would be checkmate.

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4.

Hank
Apr 11, 2009 6:00 PM CST

This is all about the First Amendment.  Let’s not follow the gov’t down the path of censorship.  After all, censorship is becoming America’s favorite past-time. The US gov’t (and their corporate friends), already place protesters in fenced-in cages, ban books like “America Deceived” from Wikipedia, Amazon and Facebook, and shut down Ron Paul. Free Speech forever.
Last link (before Google Books caves to pressure and drops the title):
http://www.iuniverse.com/Bookstore/BookDetail.aspx?BookId=SKU-000083883

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