Goldman Sachs Hires Law Firm to Shut Blogger's Site
THE 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.

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.

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. >>> By James Quinn, Wall Street Correspondent | Saturday, April 11, 2009

The Greedy Bastards at ‘Goldmine’ Sachs, Morgan Stanley, Merrill Lynch and Dresdner Kleinwort Just Can’t Steal Enough of Your Money!
BANKERS at four City firms have collected bonuses of more than £6.4billion this year, despite the worst financial crisis since 1929, it emerged yesterday.

While the rest of the country struggles under the ravages of the recession, London-based traders at Goldman Sachs, Morgan Stanley, Merrill Lynch and Dresdner Kleinwort have been notified of their bumper payouts.


They come despite the banks having reported a dramatic fall in profits and the Government bail-out of the banking sector.



Goldman Sachs has taken billions of taxpayer funds, as has Morgan Stanley.



And the huge payouts will hand further ammunition to those critics who blame the greed of bankers for the global economic crisis.



They believe such large bonuses have created a culture of short-termism and recklessness which fuelled the excesses in the run-up to the credit crunch and led to millions of jobs being lost. What Recession? £6.4bn Bonuses for City Bankers >>> By Mark Reynolds and Michael Pickard | Monday, December 22, 2008

The Dawning of a New Dark Age (Paperback & Hardback) – Free delivery >>>

Shoot the Bastards at Goldmine Sachs!
MAIL Online: Investment bank Goldman Sachs is to pay £4.3billion in bonuses to its City workers.

Despite the financial crisis and the spectre of soaring unemployment, staff at the bank will get an average of £142,600 each.

The international group, which is estimated to have 5,400 employees in London, is already nicknamed ' Goldmine Sacks' for the large extra payouts it awards to its star performers.

Yesterday the firm posted its first loss for almost a decade. And earlier this year it was forced to accept a £6.5billion lifeline from the U.S. government after falling prey to the economic crisis.

Now, an amount equivalent to two thirds of that aid will be paid to its workers as bonuses. Goldmine Sachs: As Jobless Toll Soars, Investment Bank's Bonuses for Staff Are Cut to a MERE £4.3bn >>> By Karl West and Nick McDermott | December 16, 2008

The Dawning of a New Dark Age (Paperback & Hardback) – Free delivery >>>

Businessmen, Financiers, Investment Companies, Mortgage Providers and Banks Are All Rushing In Where Angels Really Would Fear to Tread
The Risky Business of Islamic Finance >>>
Mark Alexander (Paperback)
Mark Alexander (Hardback)