The lead business story in the New York Post this morning points out that Jerome Armstrong, of myDD.com and the Warner 2008 campaign has been slammed by the Securities and Exchange Commission for repeatedly pimping worthless stocks on the RagingBull.com message boards, in many cases while being paid, in cash or stock, to do so.
http://www.nypost.com/...
SHILL TO HACK
CELEBRATED LIB STRATEGIST HAS SHADY MARKET PAST
By RODDY BOYD
June 18, 2006 -- Jerome Armstrong, the political strategist who followed a famous Internet fundraising effort for Howard Dean in 2004 with a book on "people-powered politics," has a sordid past as a shill for a worthless dot-com stock.
Armstrong, 42, touted a dubious Chinese software company, BluePoint, beginning in 1999, without disclosing that he accepted "below-market" shares in exchange for the glowing reports he posted on a site called Raging Bull, according to a 2003 civil suit that named him as a defendant.
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