Sunday, April 12, 2009

Goldman Sucks Dot Com Domain Available

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 According to the C&D 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. Morgan 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.

The uninitiated can read and learn what Streisand effect is while those in the know may wish to purchase domain which is still available at the time of writing this post.

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Justelite said...

He wrote very clear: "This site is NOT affiliated with Goldman Sachs, nor has this site been approved by Goldman Sachs. In fact, Goldman Sachs has threatend to file a lawsuit to shut down this website."

Archiver said...

Morgan seems he knows what he is doing. As he says:

"I went through a similar battle with US home builder Lennar a few years ago after I set up a website to collect information about shoddy workmanship in its homes. 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."

GLBT Promo said...

I know how I feel about this one. Does Goldman Sachs have rights to a domain name that they don’t own? I think not. Plus, the owner of the site clearly states - on top of the site - in red - "About this Site: This website has NOT been approved by Goldman Sachs, nor does this website have any affiliation with Goldman Sachs."
I think the owner of should continue to fight this. If the owner has indeed followed the rules, what case does the big corporation really have? Of course, Goldman can afford the best lawyers, so that is definitely a plus on their side.

Archiver said...

ICANN made important mistakes when setting up the domain system initially (though it is difficult to blame them for not seeing the future). Not only they lost considerable amount of money, they also created a lot of confusion.

I understand Goldman's concerns regardless of what Morgan says at the top of his site. The point, however, is, if the registrar releases the domain, it means it is according to the book. Rather than sueing people, they should spend their money on influencing ICANN's policies.

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