Monday, October 31, 2005

Attack of the Blogs -

"But it turns out that scribe Nick Tracy of London was, in fact, a former stockbroker in Oregon named Timothy Miles--and Miles himself faces SEC charges that he took part in a pump-and-dumpstock scheme in 2000. He was tried in June and awaits a verdict. No matter:Circle Group stock fell below a dollar in a year of combat with Miles and the anonymous bashers on Yahoo (and after Nestle dropped Z-Trim). Halpern's stake is down $75 million, and he blames Miles and his acolytes; he has sued for defamation. 'Some of these bloggers have just one goal, and that is to do damage. It's evil,' he says. "

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