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CNBC Says "Mike South - South is the Nikki Finke of the porn industry. His blog, which is never short on opinion, is a must-read among industry insiders. His style is unique, but he is also a leading agent of change within the industry. There are few fence-sitters when it comes to opinions about South, but no one ignores him."

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  • Lisa Ann Wants What Is Rightfully Hers (38)
    • BT: I’d like to echo joeschmoe. Most men don’t want to piss on, slap, choke or shove the heads of their partners in toilets, and I...
    • joeschmoe: If you don’t like her, no problem. But she was worth that kind of scene rate because she moved product, sold website memberships,...
    • mdxxx: She isn’t ugly, but I heard from people that towards the end of her career she was asking for 3K-5K per scene. Sorry but she...
    • CrunkleSchwitz: She looks like a man.
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    • insider: Agreed….very good point.
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    • rawalex: Funny of the day is this tweet: Michael Whiteacre ?@mrwhiteacre 3h3 hours ago Anti-Porn Evangelist Donny Pauling To Be Tried on Multiple...
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    • Karmafan: Here is a stupid quote allegedly by Dani Daniels on 8/25/13: Why are girls so scared of rape? Y’all should feel pride that a guy...
  • Imposter Posing As L A Direct (8)
    • jw: Seems like the law suits in the porn industry are keeping the attorneys in business first there’s Shy Love suing Mark at ATMLA, then...
    • insider: Any lawyer is going to ask you for 25k minimum to start a lawsuit… and lawsuits are very expensive for both sides, spending 50k on a...

Is The Department of Justice Behind The Chase Account Closures.

In researching these account closures it has become apparent that some Chase customers are unaffected and others have had their accounts closed for no apparent reason, despite Chase saying that all had Terms of Service Violations.

What has come up though is a memo from the Federal Deposit Insurance Corporation that lists Pornography (and many others) as a high risk business for defaults.  While the FDIC doesn’t require banks to close these accounts it is seen by some as a recommendation.

But the most interesting thing to come out of this is a Department of Justice initiative called Operation Choke Point.  Operation Choke point is directly targeting Payday lenders, Check Cashing Operations and Third Party Processors.

The adult industry on the internet is largely dependent on third party processors like CCBill, Paxum, Epoch and Zombaio to do billing for adult sites.  According to the Obama Administration and the Department of justice these ” third-party processors that route payments for merchants through banks are ignoring signs of fraud to rake in fees from transactions.

Chase account closures aside the industry should be keeping a very close eye on this as an attack on third party processors is at the very least an indirect attack on adult.