iBankCoin
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Joined Oct 26, 2011
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Naked Capitalism Demands WaPo Retract Their “Fake News” Propaganda; Threatens Lawsuit

The freedom fighters over at Naked Capitalism, who’ve had to join the ranks of finance websites turned truth seekers amid a sea of liberal leaning MSM outlets, have raised the stakes on Washington Post.  They’ve retained attorney Jim “First Amendment” Moody who is ready to press defamation charges against the ‘real news’ organization. They are also asking WaPo to apologize.

Early Monday morning Yves Smith of Naked Capitalism wrote a post outlining just how retarted the Washington Post is and how they intend to correct them unless they check themselves.  Her tweet on the matter is seeing heavy circulation:

Expect more hellfire to rain down on the Washington Post for their discretionary list of “fake news” websites.  This only gets worse for WaPo and the boys.

Attorney Jim Moody is no novice when it comes to high profile cases.  Per Naked Capitalism:

You will notice that our attorney Jim Moody is a seasoned litigator who has won cases before the Supreme Court. He has considerable experience in First Amendment and defamation actions. Past high profile representations include Westomoreland v. CBS and defending Linda Tripp.

In what most realize is a ridiculously obvious scam, the Washington Post recently published a list of websites and organizations they deem fake.

Zerohedge took a less direct approach to the WaPo claims, instead dismissing them as “beyond laughable”.

We fully endorse Yves Smith’s efforts.

Additionally, we note that the only reason we haven’t followed up with a similar action is because i) the allegations were beyond laughable – we have rejected all of them on the record, and ii) there are simply too much other events taking place in what should otherwise be a quiet end to the year taking place to focus on what may be a lenghty, if gratifying, legal process.

You can be certain the good folks at iBankCoin also endorse your efforts Ms. Smith. And on a personal note:

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10 comments

  1. traderconfessions
    traderconfessions

    Smart idea.. start a litigation war with a guy who has a gazillion billion dollars to burn.

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    • Frog

      I wonder, if there were to be a lawsuit, who would be paying for it. Naked capitalism does not seem like the type of organization that has deep pockets, so there may be some other party involved here.

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  2. pb

    His? Mr.? Pretty sure Yves is a woman.

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    • Raul

      Thanks, will update

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    • Frog

      from NK’s wikipedia:

      “Under the pen name Yves Smith, Susan Webber, the principal of Aurora Advisors Incorporated and author of ECONned, launched the site in December 2006.”

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  3. Frog

    This seems to be the article in question here below. They were reporting on a group called propornot that said it was releasing a report.

    “Another group, called PropOrNot, a nonpartisan collection of researchers with foreign policy, military and technology backgrounds, planned to release its own findings Friday showing the startling reach and effectiveness of Russian propaganda campaigns. (Update: The report came out on Saturday).”

    https://www.washingtonpost.com/business/economy/russian-propaganda-effort-helped-spread-fake-news-during-election-experts-say/2016/11/24/793903b6-8a40-4ca9-b712-716af66098fe_story.html?utm_term=.635b318192b5

    Is there an attorney in the house? I don’t know if there is anything illegal about reporting on what this group propornot said. It seems to me that Naked Capitalism’s real beef is with the organization propornot, not Wa Post. But apparently that group’s researchers are anonymous, so there is no one to sue?

    Here is the report that organization came out with, later, after the Wa Post article, in case anyone is interested enough in this issue to read a 32 page long report. I’m not, or at least have not been yet.

    https://drive.google.com/file/d/0Byj_1ybuSGp_NmYtRF95VTJTeUk/view

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    • Raul3

      Jim Moody is about to be all up in WaPo’s ass unless they apologize.

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      • traderconfessions
        traderconfessions

        Last time I checked the Washington Post has a few lawyers and more importantly, the resources to run Naked Capitalism’s coffers dry. It’s all about the Benjamins in civil cases. Wouldn’t it be wonderful to depose cruckpots like Alex Jones on his theories?

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        • Raul3

          I want to see WaPo apologize and I’ll do a really dope kickstarter for the cause to help, if needed.

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  4. Frog

    Well, if you go by Michael Flynn’s statement here on Zero Point’s blog today about Pizzagate, then apparently the standard is:

    “Until #Pizzagate proven to be false, it’ll remain a story.”

    So, by that rule, you would have to say:

    Until Naked Capitalism’s Russian propaganda connection is proven false, it’ll remain a story.

    Whatever the rules, they should be applied consistently in all cases, rather than applied in a tribal way.

    The tribal way to apply rules is: “My tribe good, no matter what we do. Your tribe bad, no matter what you do– even when you are doing exactly the same thing my tribe is doing.”

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