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Francois+Goelo

05/01/01 3:50 AM

#1016 RE: Mark Marcellus #985

Marcellus, Schoffer's post is a side issue to...

the matter that really concerns me, as I viewed it as one of the Corner Stones that would make iHUB different... Both SI and RB prohibit Libelous statements but openly recognize they can't enforce the Rule, because the staff doesn't know enough about the stock in question to be able to decide... This is no "Red Herring, as back in September 2000, I already felt we could do something about Libel, since there is no point in having unenforceable Rules....

http://www.investorshub.com/beta/read_msg.asp?message_id=7995

"You agree that you will not use iHub for illegal purposes including posting information you know to be false, unlawful, libelous, harassing, profane, abusive, threatening, vulgar, or otherwise objectionable. This includes personal attacks posted on the boards."

http://www.investorshub.com/beta/Terms.asp

There are 2 issues, as I see it: do Libelous statements cause less prejudice if deleted and how to make deletions appear fair...

1) The Libel issue, based on this post and particular sentence...

http://www.investorshub.com/beta/read_msg.asp?message_id=78230

"Don't hold your breath for Rich to step up - his money is safely stashed offshore."

Bob's argument is that other posters can defeat the Libel allegation, that the subject can sue and that the post should be available for the Authorities in case of legal repercussions...

I maintain that when a Libelous statement is offered without any support and as a fact, instead of an opinion, it should be deleted, as none of the above arguments apply:

+ No other posters can convincingly affirm the contrary because, nobody really knows...

+ It's unrealistic to file suit every time a libelous statement appears on the Boards and the damage to one's reputation has already been done by then...

+ The deleted post remains on file and available to the Authorities, should they require it...

The idea is to prevent prejudice and harm to the subject of the allegations, on the premise that one is presumed innocent until proven otherwise in court. This particular Libelous statement has serious legal implications that could be very damaging...

I also believe that efforts should be made to make posts more credible and providing supportive evidence, such as Links should be strongly encouraged by Admin... Otherwise, we'll end up with the type of posts often seen on SI and RB, such as:

"XYZ stock is a Scam and the CEO a Fraudster",

...which under current guidelines offered by Bob, shouldn't be deleted...

http://www.investorshub.com/beta/read_msg.asp?message_id=88430

2) The fairness issue...

I believe the above post should remain deleted because the poster reposted in extenso a post already deleted with the original Admin's blessing and there was a potentially prejudicial Libelous statement against a member of iHUB, that also constituted a personal attack... To appreciate the Fairness issue, this should be contrasted with a one sentence post, current Admin felt was a "deletable" personal attack

http://www.investorshub.com/beta/read_msg.asp?message_id=88436

http://www.investorshub.com/beta/read_msg.asp?message_id=88015

http://www.investorshub.com/beta/read_msg.asp?message_id=88650

BTW, iHUB has already gone a long way forward, but this posts summarized my feelings when it all started...

http://www.investorshub.com/beta/read_msg.asp?message_id=3362

JMHO, F. Goelo + + +