Blogger fights big bank Goldman Sachs over threat

14.04.2009
A blogger in the U.S. filed a lawsuit against Goldman Sachs on Monday to prevent the big investment bank from taking his domain names.

Blogger Mike Morgan hopes to protect anti-Goldman Web sites, including and www.goldmansachs13, from trademark action threatened by the powerful bank.

He filed suit in the U.S. District Court for the Southern District of Florida after receiving a letter accusing him of violating Goldman's intellectual property rights by using its trademark, attached as in the lawsuit.

"David didn't beat Goliath by waiting till Goliath threw the first punch," Morgan wrote on his blog.

Opened early last month, Goldmansachs666 carries a host of anti-Goldman stories including "Is Goldman Sachs Manipulating the Stock Market? - It Sure Looks Like It"; "Did Goldman Sachs Scam the System with AIG?"; and "Did [Goldman CEO] Lloyd Blankfein of Goldman Sachs Lie to Congress?"

Most of the articles criticize Goldman Sachs in relation to the disaster that has hit the U.S. financial sector, which Goldman appears to be weathering better than most of its peers.