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From the December-02, 2009 issue of Credit Union Times Magazine • Subscribe!
It's Curtains for Credit Union Blogger
The anonymous credit union blogger who writes under the pseudonym Will Magnus announced on Nov. 16 that he will be discontinuing his "Unrealized Losses" blog (www. unrealizedlosses.blogspot.com) after one final post that will comment on the NCUA's proposed corporate rules.
"This was never a news site. I don't have the readership that the trades do, and God help you if you're relying on me as a source of timely information," Magnus wrote.
"Given the corporate saga is almost all over but the cryin', there isn't much of a market left for my style of analysis," the blogger continued. "Once the new corporate rules kick in, who really cares what some pipe-smoking comic book character thinks? My opportunity to influence the debate has faded, and I need to stop before I make a mockery of my good intentions."
The blogger, who said he isn't yet ready to reveal his identity, wrote "the blog has opened new avenues through which I can contribute to our industry. Unrealized Losses will soon go dark, but you haven't seen the last of Will Magnus."
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