August 09, 2007

Jerome Armstrong fined $30K for unethical stock touts

All the leftys are crooks, just like their role models Hillary "I can't find my billing records" Clinton and Barack "shady land deals" Obama. Now blogger Jerome Armstrong, partner to the seething, bug-eyed Jew-hating and America-hating effeminate Markos Moulitsas ZĂșniga, 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 ZĂșniga of Daily Kos. He is also the founder of the Democratic activist site Under the agreement, Armstrong neither denies nor admits to the allegations.

Click here for the litigation release.

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