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2010-01-04 — creditwritedowns.com
``..., the Implode-o-Meter sites are taking an enormous hit right now because of their coverage on the housing bubble. You may recall, back in July of 2008, the New York Times did a big spread in the article “Loan Pains Turned Site Into a Hit†on Implode-O-Meter founder Aaron Krowne. This article brought to everyone’s attention that, indeed, many saw this bubble and collapse coming and that some were writing about it in real time.
Unfortunately since then (and perhaps because of the notoriety from the article), Krowne’s team has been fighting off all manner of lawsuits. One case has already gone to the Supreme Court in New Hampshire, the self proclaimed “Live Free or Die†state of my college days. Another case is based right here in my home state of Maryland...''
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