Saturday, April 11, 2009

Goldman Sachs - a blogger bully?

New lows for the supposedly 'venerable Wall Street institution'...

Goldman Sachs 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 – 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. ... 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.
Photo from a recent exhibition of Barry Le Va's works at Mary Boone Gallery titled “Hands, Handles, Blades: Cleaver Configurations 1969-2009”, an exhibition curated by Klaus Kertess. From the press release: Le Va has said that these and other sculptures similarly fraught with danger and created between 1968 and 197l, such as Within the Series of Layered Pattern Acts created by shattering sheets of glass on the floor, were more about exploring mathematical givens in relation to time and space than about threat of danger. In the case of the Cleaver pieces, those givens are the artist’s height and the fixed radius of the arc of his arm’s thrust. Of course, these works were originally created during a time of great violence in our culture.

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