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Drudge Flash: DAILY KOS CO-AUTHOR FINED $30K FOR UNETHICAL STOCK TOUT
Drudge Report ^
| August 8, 2007
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 ...
TOPICS: Extended News; News/Current Events
KEYWORDS: democretins; gailykossacks; hypocrites; jeromearmstrong; kos; payola; ratcrime
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1
posted on
08/08/2007 4:47:00 PM PDT
by
RDTF
To: RDTF
What a POS, These are Dorks Gone Wild!
2
posted on
08/08/2007 4:48:44 PM PDT
by
cmsgop
( "cmsgop" a Mark Goodson / Bill Todman Production)
To: RDTF
I’m shocked that a member of this anti-capitalist group would do this. ;)
3
posted on
08/08/2007 4:48:53 PM PDT
by
popdonnelly
(Our first responsibility is to keep the power of the Presidency out of the hands of the Clintons.)
To: popdonnelly
4
posted on
08/08/2007 4:50:13 PM PDT
by
boop
(Trunk Monkey. Is there anything he can't do?)
To: RDTF
For Yee and for thee, but not for ME.
5
posted on
08/08/2007 4:53:26 PM PDT
by
jaz.357
(...diagonally parked in a parallel universe.)
To: RDTF
—He is also the founder of the Democratic activist site MyDD.com. —
He wears a bra?!
6
posted on
08/08/2007 4:55:09 PM PDT
by
rfp1234
(Nothing is better than eternal happiness. A ham sandwich is better than nothing. Therefore...)
To: RDTF
more of the liberal culture of corruption.
To: RDTF
The question to be asked is how much money was he paid for touting the stock?
To: RDTF
LOL! CORPORATE STOCK MARKET CROOKS: LIBERAL BLOGGERS!!
9
posted on
08/08/2007 4:58:07 PM PDT
by
Recovering_Democrat
(I am SO glad to no longer be associated with the party of Dependence on Government!)
To: RDTF
Hillary bought ten thousand shares. ;)
10
posted on
08/08/2007 4:58:13 PM PDT
by
popdonnelly
(Our first responsibility is to keep the power of the Presidency out of the hands of the Clintons.)
To: RDTF
I'm shocked, a liberal with a ethnics lapse.
According to the media, only republicans have moral and ethical issues deemed worthy of reporting
11
posted on
08/08/2007 4:59:35 PM PDT
by
Popman
(I removed my Bushbot brain chip after he didn't veto the McCain Feingold election anti freedom bill)
To: RDTF
His Wikipedia page hasn't been updated to include this fine.
12
posted on
08/08/2007 5:06:41 PM PDT
by
csvset
To: RDTF
do I really have to say it???
13
posted on
08/08/2007 5:10:03 PM PDT
by
Chode
(American Hedonist)
To: RDTF
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.
14
posted on
08/08/2007 6:18:10 PM PDT
by
Babu
To: csvset
His Wikipedia page hasn't been updated to include this fine.Sooooo.... Update it! You can do it!
15
posted on
08/08/2007 6:26:38 PM PDT
by
Mogger
(Independence, better fuel economy and performance with American made synthetic oil.)
To: RDTF
$30k less he will be able to give towards DNC/Socialist/Communist causes.
To: RDTF
To: RDTF
Bill O’Reilly is currently looking for a freeper with the same problem.
18
posted on
08/08/2007 7:07:57 PM PDT
by
OrioleFan
(Republicans believe every day is July 4th, but DemocRATs believe every day is April 15th. - Reagan)
To: monkeybrau
Idiots. Big mistake on their part. Hope he has a screen shot of that before their lawyers tell them to take it down.
19
posted on
08/08/2007 7:12:08 PM PDT
by
RDTF
(Republicans believe every day is July 4th, but Democrats believe every day is April 15th. - Reagan)
To: RDTF; PJ-Comix
Unknown Jerome and BLOGOLA!
20
posted on
08/08/2007 8:25:37 PM PDT
by
Incorrigible
(If I lead, follow me; If I pause, push me; If I retreat, kill me.)
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