Archive - 2007
October 18th
Mystik Boucher and the Virtual Stock Exchange
Submitted by Aldon Hynes on Thu, 10/18/2007 - 12:41In late July, L$ 3.2 million was fraudulently taken from the World Stock Exchange by people involved with Mystik Designs (MDS). That is around $12,000 in U.S. currency. Mystik Boucher, and the chairman of her board, Thurston Hallard both had their accounts suspended and the remaining assets held. Boucher was later cleared as Thurston Hallard and Mindo Pinion, an account which many believe was controlled by the person that controlled Thurston Hallard’s account both disappeared.
As a result of the fraud, Mystik decided to move her company from the World Stock Exchange, and set up business over on the Virtual Stock Exchange, (VSTEX). In the process, she merged with Bob Perry’s Store (BOB) and SL Zero (SLZ), both controlled by Bob Perry.
A month later, rumors circulated that Mystik Boucher had disappeared. Mystik responded with a blog post on Your2ndPlace, where Bob Perry also posts starting off by stating, “Bob's post on Vstex (had anyone researched this) was a blatant lie.” That doesn’t look like a good sign for the heads of the merged company working together.
Sure enough, two days ago, VSTEX announced a halt on trading of SLC, the joint venture between Bob Perry and Mystik Boucher. It includes a message from Bob saying,
After contacting Mystik in the last 2 days, I have ultimately discovered she will not work with me. I was cursed at and told she was never given any work.
I now believe that we will no longer be able to work together.I would like to tell you that I am now resigning and leaving Mystik in charge. My shares can be removed by vstex if felt necessary but I no longer feel like I am working with a responsible partner. I am leaving her in charge of the company.
It took a month for Bob to figure that out? So now, SLC trading is halted. VSTEX did the right thing to halt trading and to try and figure out what is going on. Incidents like this are bound to continue in Second Life trading. Running a small business is hard enough. Running it virtually brings in all kinds of additional complexity. The real test will be to see how well Mystik Boucher and the Virtual Stock Exchange work together to salvage this.
It appears as if VSTEX has been working hard behind the scenes to make find ways for SLC to continue operations. Initial indications are that they have worked with Mystik to resolve this and that trading in SLC will resume soon with the shares that had been Bob’s being transferred to Mystik.
VSTEX is also rumored to be setting up new rules for the listing of companies, and hopefully for how they handle the halting and resumption of trading. These rules could require different types of markets for different types of companies, larger, well established and well regulated companies, less closely regulated startup companies, or perhaps, in the future, companies that don’t operate primarily in Second Life.
Trading in Second Life continues to be a fascinating area for anyone interested in the emergence of trading practices in any community. The actions of VSTEX and Mystik Boucher provide continued hope that the markets will evolve to be an even more valued part of the Second Life environment.
An Open Letter to the West Lafayette High School Administration
Submitted by Aldon Hynes on Thu, 10/18/2007 - 09:53A recent article about students receiving suspensions as a result of comments on Facebook has caught my attention. I have been following a similar case in Connecticut, where Avery Doninger wrote criticism of her school administration using derogatory language in a Livejournal post. She was barred from running for re-election to class office and her case is now pending before the U.S. Second Circuit of Appeals in New York. You can read details about the case in the Connecticut section of my blog, Orient Lodge.
While I am particularly concerned about the issues of freedom of speech, due process and equal protection, I am also very concerned about the pedagogical interests and the teachable moments. The reaction of the school administration in Burlington, CT provide a great example of what, as a member of the board of education from a neighboring town describes as an illustration of “what administrators ought not to do”.
Unfortunately, the article that I read is lacking on details, so it may be that you are acting much better, or much worse than the Lewis S Mills school administration.
The article starts off by stating that “A video posted on Facebook of two high school students fighting at West Lafayette High School, Ind., prompted suspensions earlier this week.” Suspending students has always seemed to me to be a very harsh punishment, one that should only be used as a last resort. The article doesn’t detail what led up to the suspensions. Were the students spoken with about how inappropriate it was to post the video on Facebook? Were other measures attempted to take this and find a teachable moment, or did the administration move directly to punishment?
Defending a suspension where pedagogical approaches to the issue were attempted first and where the message online can be construed to support illegal activities, such as the fight may have been, is much easier than an arbitrary suspension that many see as an effort to curtail students free speech.
This gets even more complicated when you look at Caitlyn Casseday’s statement to the press. While obscenities are not normally the best method of furthering critical discourse, to use the words of Avery Doninger, there is a very big difference between what one ought to say, and what one is permitted to say, and, at least based on the newspaper reports, the school administrators at West Lafayette High School seem to have made a similar mistake as those at Lewis S Mills High School in Burlington, CT in differentiating between the two.
The article goes on to say that “A code of conduct, posted on the school district's Web site, does not directly address postings on the Internet, but does say existing rules about conduct apply both on and off school grounds.” Yet this seems to run counter to the famous Tinker v. Des Moines decision with the famous line, “It can hardly be argued that either students or teachers shed their constitutional rights to freedom of speech or expression at the school-house gate”
The article ends by noting that “Students are calling for this Friday to be ‘Free Speech Friday,’ and they are planning to wear white T-shirts in support of the suspended students.”
Part of the legal issues that the Lewis S. Mills school administration faces is their confiscation of T-shirts about free speech. Let us hope that the administration at West Lafayette High School doesn’t make a similar mistake.
A key standard in issues of students’ free speech revolve around whether the speech would substantially disrupt the pedagogical interests of the school. In the Lewis S Mills case, it appears as if it isn’t the students’ free speech that is substantially disrupting the pedagogical interests of the school, it is the reactions of the administrators. Let us hope that the administrators at West Lafayette High School can learn from the mistakes here in Connecticut.
So, if I were a school administrator in West Lafayette, what would I do? I would grab this teachable moment by the horns. I would have a school assembly where I addressed the issue head on. Ideally, I would schedule it for Friday and congratulate all the students that wore white T-shirts for struggling with what their rights really are.
I would bring in a constitutional lawyer to talk to the students about exactly what their rights are and make sure that they learn about cases like Tinker, Fraser, Hazelwood and Morse. I would also have someone trained in conflict resolution talk about how fighting is not a good way to resolve conflicts and putting a video of a fight online is not in the best interest of anyone. This could even set the stage for avoiding costly legal fights like we are seeing in Connecticut. I would have an English teacher speak about how to use language that is not offensive and even more effective in getting ones point across.
With all of that as groundwork, I would then invite the students to teach. It could be a valuable teachable moment. The other option, which also provides many valuable teachable moments, is watching the case spiral out of control as it works its way through our countries legal system.
I hope that you make wise decisions for your students.
Aldon Hynes
October 17th
Wordless Wednesday
Submitted by Aldon Hynes on Wed, 10/17/2007 - 08:27October 16th
What about the rest of us?
Submitted by Aldon Hynes on Tue, 10/16/2007 - 19:04I’ve written various posts about the Avery Doninger case. I’ve focused on Avery’s role. I’ve talked about the role of the Principal and Superintendent. I’ve touched upon the role of the board of education, but haven’t really talked much about our role in this.
The school board is elected by us. We have a responsibility to be involved in our schools. As parents, we need to be in our schools advocating for our children. As business people we need to be in our schools advocating for our future employees. As citizens, we need to be involved in the electoral process and holding the officials we elect accountable.
When I first started covering the Doninger case, I spoke with my father-in-law about it. He is a retired Special Agent for the U.S. Treasury Department. In 2002, he served as a member of the Tri-Town Amity Investigation Committee, which investigated the operating deficit of the Amity Regional School District for the fiscal years ending June30, 2000 and June 30, 2001.
In the cover letter to their report, they said,
Before the detail is discussed, it is critical to understand that the primary cause of the deficit is a culture which has been years in the making and, in fact, continues to this day. This culture is one of a lack of accountability that emanates from the Amity Board of Education
(Emphasis added)
In a few weeks, voters across the state will go to the polls to elect board of education members. Are you asking serious questions about not only how much money your local school board will spend, but also, how wisely will it spend it? What will your local school district be doing for preparing students for twenty first century careers where so much takes place online? Will it enact draconian measures to thwart students’ communications online, or will it work with students to help them become stronger advocates both online and offline?
Stamford Advocate and the Danbury News-Times?
Submitted by Aldon Hynes on Tue, 10/16/2007 - 15:20We all love to bash the traditional newspapers in Connecticut. It’s so easy to do and I know that many people here dislike the Stamford Advocate and the Greenwich Time almost as much as they dislike the Danbury News-Times and the Connecticut Post.
However, if reports in Editor and Publisher are correct, MediaNews Group, which owns the Danbury News-Times and the Connecticut Post is making a bid for the Stamford Advocate and the Greenwich Time. Will this result in more media consolidation? Will the Advocate and the Time end up with the same standards as the News-Times or the Post?
All the more need for people powered media.
(Cross posted to MyLeftNutmeg)