Posted on 08/08/2007 4:46:59 PM PDT by RDTF
DAILY KOS CO-AUTHOR FINED $30K FOR UNETHICAL STOCK TOUT Wed Aug 08 2007 19:12:23 ET
Prominent liberal blogger Jerome Armstrong has agreed to pay nearly $30,000 in fines in a settlement with the Securities and Exchange Commission over allegations that Armstrong touted the stock of a software company, without disclosing that he was being paid to do so, the NY TIMES reports.
Armstrong is the co-author of _Crashing the Gate: Netroots, Grassroots, and the Rise of People-Powered Politics,_ with Markos Moulitsas of Daily Kos. He is also the founder of the Democratic activist site MyDD.com.
Under the agreement, Armstrong neither denies nor admits to the allegations.
"It's good to see the matter finally end," Armstrong said in an e-mail message to the TIMES.
Developing...
(Excerpt) Read more at drudgereport.com ...
What a POS, These are Dorks Gone Wild!
I’m shocked that a member of this anti-capitalist group would do this. ;)
People not profits!
—He is also the founder of the Democratic activist site MyDD.com. —
He wears a bra?!
more of the liberal culture of corruption.
The question to be asked is how much money was he paid for touting the stock?
LOL! CORPORATE STOCK MARKET CROOKS: LIBERAL BLOGGERS!!
Hillary bought ten thousand shares. ;)
According to the media, only republicans have moral and ethical issues deemed worthy of reporting

His Wikipedia page hasn't been updated to include this fine.


The SEC is obviosly run by a bunch of right wing nutcases — It would be categorically impossible for such a “Man of thu Pipple” to do anyting unethical.
Sooooo.... Update it! You can do it!
$30k less he will be able to give towards DNC/Socialist/Communist causes.
Closeted Homosexual Matt Drudge slams DailyKos
My apologies for going there but someones gotta spelunk in that sewer on occasion.
Bill O’Reilly is currently looking for a freeper with the same problem.
Idiots. Big mistake on their part. Hope he has a screen shot of that before their lawyers tell them to take it down.
Unknown Jerome and BLOGOLA!
The KOS is a community as are mental patients grouping in the day room.
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