Julio Nalemba carries on business as a financial analyst. He writes on financial issues and he presents financial seminars. He is extremely critical of most of the key players in financial circles. He has a reputation of being negative and is unknown to have written or said a kind word about anyone in the financial industry. At the conclusion of a recent seminar, he offered to answer questions from the media relating to his seminar topic. He was subjected to a barrage of questions from a rather hostile media. During this session, two or three questions were put to him at the same time by different financial reporters. When answering a question, he referred to a key government player