As authorities make their belated swoop on the now-defunct Ponzi scheme that once went by a prestigious Wall Street name, mass-media has gathered on the sidelines to report the facts of the case as they become available.
There's little to say, of course, other than what is quoted directly from court documents, and from companies now acknowledging the possibility of having incurred serious losses if indeed the firm's asset base is truly depleted. Unfortunately, that doesn't stop the press from waxing eloquent on the topic, and the ubiquitous various blog entries and forum posts have made the perpetrator of the scam a household name even though the claims made against him have not yet been proven.
Based on news reports, it may seem reasonable to assume that the 'perpetrators' are as guilty as the day is long, but that doesn't presume the right to bandy about their family name in disdain while waiting for the verdict. Chareidio may be the only news or news blogging site on the internet to refrain in this regard, but we see it as a very important distinction between us and other news services (including religious ones), and an attractive feature for a growing loyal readership that values the same ideals as we do.