In a decision with potentially large ramifications, New York Federal Judge LaShann DeArcy Hall won't dismiss a libel suit against "Shitty Media Men" creator Moira Donegan.
Explaining, the judge says it is possible that Donegan created the entry herself. The judge believes that Elliott should be able to explore whether the entry was fabricated. Accordingly, discovery proceeds, which will now put pressure on Google to respond to broad subpoena demands. The next motion stage could feature a high-stakes one about the reaches of CDA 230.
Regulating the Crash
There was some very smart discussion in my Keynes vs. Hayek thread about the crash and whether or not previous efforts to deregulate the financial industry led to the 2008 crash. So my question is, if the crash was not caused by deregulation, is it still possible that finance was under-regulated and that certain regulations, should they have been implemented, would have helped prevent or predict the collapse ahead of time? If so, what? If not, what’s the alternative?