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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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  • HIV Testing In Porn How Good Is It Really? (30)
    • jilted: one big reason they wont go to the Tts dashboard,,,,because I have been suggesting it for about the last two years,,,I was once a paid...
    • jilted: JW..CET had 72 hours from the time of your request to produce the documents…Call them MONDAY morning,telll them if they dont have...
    • jilted: JW,,I’ve written it a million times, but you do know that AIM ripped me, and performers off for $650,000.00 dont...
    • MikeSouth: Thanks i try to refrain from making too many comments because this section is for yall…I said my piece in the post this is where...
    • jw: Jilted why won’t the producers and agents want to try TTS’s dashboard, what do they have to lose? Specially since it will take the...
    • jilted: GREAT POST JW, Email me urbanlegend399@gmail.com,,,and GET YOUR RECORDS do not take no for an answer, Put it in writing and send a cerified...
    • jw: Hey Mike thanks, it means a lot to have the big cheese respond… WOW! Well you asked about my past experiences with CET well it was always...
    • jilted: DID YOU GET YOUR RECORDS?
    • jilted: The benefit of using TTS would be multi fold,,,it would protect producers and agents from huge liabilities,,,and it would provide a...
  • The Future Of Televison (3)
    • schlermy: It’s funny, the last few weeks I’ve come to the conclusion that I’m finally going to cut the cord to cable TV....

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.