General
Jerome Armstrong of MyDD a Corrupt Huckster?
….. The Commission’s Complaint, filed on April 14, 2003, alleged that beginning on March 6, 2000, Armstrong touted the stock of BluePoint Linux Software Corporation (”BluePoint”) by posting unsubstantiated, favorable buy recommendations on the Raging Bull internet site. Armstrong posted over eighty such recommendations during the first three weeks that the stock of BluePoint was publicly traded. According to the Complaint, Armstrong praised BluePoint’s investment value and encouraged investors who were experiencing trouble having their orders filled to keep trying. The Complaint further alleged that the promoters of BluePoint were secretly transferring stock in three other companies to Armstrong at prices below the then current market for those three stocks and that Armstrong made at least $20,000 by selling the shares he received from the promoters of BluePoint. The Complaint alleges that Armstrong did not disclose in his internet postings that he was being compensated for making the postings.
Wow, this is especially ironic considering that one of the main “principles” of the Democratic party is that corporate fatcats are making their living off of the backs of the hard working “little man”. If this is true, it’s hypocrisy of the rankest order. And it won’t stop at MyDD, because Kos is in this up to his neck.
Dishonest. Crook.
Is it any wonder prominent politicians like Howard Dean are so eager to hire this guy?
You’ll recall, I hope, that this “non-story” was allegedly the subject of a Townhouse communique last year from the Chairman himself, who urged the illuminati on the cc list to kindly keep their fat mouths shut about it. And darned if those irrepressible truth-speakin’ morons didn’t comply.
Incidentally, this is the second time in five days that Drudge has floated a derisive Kos angle on the front page. Matt, you magnificent bastard.
Jawa: That’s it, nutroots. The hate is swelling in you now. Strike him down and he will become more powerful than you can possibly imagine.
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