Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
An epic tale of three women who happened to witness a stranger attempt to drug another stranger begins with, “GUESS WHO STOPPED A RAPE LAST NIGHT?! THESE GALS!” The incident allegedly took place at Santa Monica’s FIG restaurant on Thursday. When I called FIG to corroborate a viral Facebook post, the woman who answered said…
Defenders of litigation finance claim noble motives: They are merely equalizing access to a legal system that leaves too many on the wrong side of the courthouse doors. (It’s hard not to hear echoes here of Thiel’s claim that he’s spent millions to after Gawker for “philanthropic” reasons.) According to a post at Burford Capital,…
So, some years ago, Gawker outed Peter Thiel as gay. To the best of my knowledge, there was no public interest case to be made: Thiel was not funding anti-gay initiatives or some such. They also published Hulk Hogan’s sex tape and did various other scummy things. Thiel, being a billionaire, decided to take them…
Two Silicon Valley billionaires with a history of bad blood are squaring off over Gawker. Pierre Omidyar, an eBay co-founder, is leading the charge to support Gawker in its appeal of a $140 million judgment awarded to Hulk Hogan, whose lawsuit was bankrolled by rival billionaire and PayPal co-founder Peter Thiel, The Post has learned….
PayPal co-founder and former CEO Peter Thiel at the National Press Club October 3, 2011 in Washington, DC.Chip Somodevilla/Getty Images Silicon Valley billionaire Peter Thiel confirmed to Andrew Ross Sorkin at the New York Times Wednesday that he scouted out potential plaintiffs and bankrolled lawsuits targeting Gawker Media, including Hulk Hogan’s complaint that won…
Photo Peter Thiel, co-founder of PayPal, at a forum in China last year. Mr. Thiel is said to have financed the wrestler Hulk Hogan’s lawsuit against Gawker Media. Credit Visual China Group, via Getty Images A billionaire Silicon Valley entrepreneur was outed as being gay by a media organization. His friends suffered at the hands…
Here and there we’ve reported on the Hulk Hogan lawsuit against Gawker. As you probably know, Hogan won the case and won a massive judgment of $115 million dollars and an additional $25 million in punitive damages. While it is widely believed that the verdict is likely to be reversed on appeal or at least…
Billionaire Peter Thiel and Hulk Hogan make for an unlikely couple. This Silicon Valley Billionaire Has Been Secretly Funding Hulk Hogan’s Lawsuits Against Gawker – Forbes. Source: This Silicon Valley Billionaire Has Been Secretly Funding Hulk Hogan’s Lawsuits Against Gawker – Forbes
It’s hard to pick a side in the Gawker-Thiel-Hogan lawsuit, reported today in Forbes, but the lawsuit and its outcome are a mere sideshow to the main story, which is that this case is a terrifying development for those of us who value a free, democratic media. What is most frightening about this lawsuit is that…
The biggest banks in the world have admitted to rigging LIBOR, a key interest rate that determines the value of trillions of dollars’ worth of assets — they paid billions in fines as a result. But the LIBOR-rigging scam cost investors and bond-issuers (including cities, pension funds, and charitable trusts) untold billions. A group…