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Description:
In May 2009, lawyers for Merrill Lynch sent cease-and-desist letters alleging copyright infringement to"Tyler Durden" of the financial blog Zero Hedge over six posts that cited or excerpted from Merrill Lynch reports authored by Merrill's former chief economist, David Rosenberg. According to Reuters, Zero Hedge is "an insider financial blog whose writers believe the worst of the meltdown is yet to come," and the Rosenberg reports jive with this bearish view of the economy.
In a post about the takedown requests, Durden announced that he would take down the posts, primarily out of concern over the cost of hiring a lawyer, but he told Reuters that he hadn't yet ruled out consulting a lawyer. Because the disputed posts are down, it is impossible to tell how much of the Rosenberg reports Durden used.