By Joseph Plambeck – NY Times
Mark Gorton is a confident guy. He’s confident about his ideas. He’s confident about his enthusiasms. And he’s confident that his successes — like making money on Wall Street and promoting alternative transportation in New York — provide a record that backs him up.
But that confidence faces a new test. Two weeks ago, a federal judge ruled that he and the popular file-sharing service he created, LimeWire, were liable for copyright infringement and could be forced to pay up to $450 million in damages. [Read More]