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Ex-Goldman Exec Proves You Can Run a Nasty Blog About Your Former Employer

By Catharine P. Taylor | Jul 17, 2009

I’ll close the week with a news story that caught my eye this morning: that Goldman Sachs has lost a bid to sue ex-Goldman employee Michael Morgan and have his anti-Goldman blog, GoldmanSachs666.com, shut down. (Goldman Sachs is the devil? Get it?)

This brought a smile to my face because, while I expect the right for a company to protect its name, in many ways, this is just silly. Here’s the background: Goldman first tried to get the site shut down a few months ago, saying that Morgan was engaging in copyright infringement, and Morgan, smartly, filed a pre-emptive lawsuit saying that Goldman had no right to sue him. If you take a look at the site (or hell, take a look at the logo, above), you’ll see why this is pretty ridiculous — as though people were really going to think that a site which carries the following phrase on its home page has the approval of Goldman Sachs:

When the people and the government fear Goldman Sachs, there is economic dictatorship that will destroy the very fabric of our existence as a civilized society.

In the end, Morgan was asked to put a (laughable) disclaimer at the top of his site, in red letters, that: “This website has NOT been approved by Goldman Sachs.” Really? Ya think?

One thing the resolution of the disagreement doesn’t address is the content itself, and that has to make one wonder whether this is just the beginning of a lawsuit bonanza between Goldman and Morgan or whether Goldman will simply decide to move on and count its profits. If the battle continues, this will be an interesting one to watch. Given the state of the economy there have never been so many pissed off employees, and given the state of technology, there have never been so many ways for ex-employees to trash those who once employed them. If I were a company that was associated in some people’s minds with the devil, I’d buy up all of the nasty domain names — and register for all of the nasty Twitter handles — I could. Fast.

Catharine P. Taylor has been covering digital media and advertising for almost 15 years and is a frequent speaker at conferences about media and advertising. She posts daily to BNET Media, writes the weekly Social Media Insider column for Mediapost and also has her own advertising blog, Adverganza.com. Follow her on Twitter or subscribe to the BNET Media Twitter feed.

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    Portfolio.com - 229 days 5 hours 3 minutes ago

    Goldman Sachs is a 140-year old investment bank headquartered in lower Manhattan. Goldmansachs666.com is a web site established primarily to advance the anti-Goldman Sachs agenda. Confused? Didn't think so. But that's not stopping Goldman Sachs from threatening to sue the man behind the anti-Goldman Sachs site for trademark infringement, as the...

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    MediaPost - 223 days 16 hours 1 minute ago

    Goldman Sachs recently made headlines demanding that blogger Mike Morgan take down the gripe site GoldmanSachs666.com. Instead, Morgan filed a preemptive lawsuit against the investment bank. In his complaint, filed Monday in federal district court in the southern district of Florida, Morgan says that he owns the domain name GoldmanSachs666.com,...

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    1

    tramky

    07/20/09 | Report as spam

    RE: Ex-Goldman Exec Proves You Can Run a Nasty Blog About Your Former Employer

    This is great news. It's about time that the right of individuals to criticize--in public ways--corporations that behave badly in various ways, get some support in the courts.

    The tactics used by corporate jackboots to squelch criticism of corporate misbehavior--generated by insiders both present & former--have been reprehensible. From the infamous SLAPP lawsuits files against individuals by real estate developers that arose in California back in the 1980s & early '90s, to injunctions filed for by fast food restaurants to prevent customers from lambasting the poor quality of their menu oferings in public ways, the inclination of companies to bring the strong arm of their army of lawyers against dissident citizens should get the disrespect in courts that it deserves.

    I don't care what courts have said, corporations are NOT people--they are NOT citizens--and have fewer rights than do actual people, actual individuals. I have little support for the corporatization of the Bill of Rights.

  •  
    2

    Cathy Taylor

    07/20/09 | Report as spam

    RE: Ex-Goldman Exec Proves You Can Run a Nasty Blog About Your Former Employer

    thanks for commenting.

    As I said in the post, I'm really curious to see how this unfolds. On the one hand, corporations could spend a lot of time chasing lawsuits; but depending on the situation, it may not be worth the effort. Plus, if there's enough cranky ex-employees out there, it increasingly becomes like a game of whack-a-mole. It's not like the old days where it was actually hard to fight city hall, or corporate America.

    Cathy

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