It's not an issue of censorship or free speach, you are free to say whatever you want, but at the same time this isn't an open meeting area in a public park, it's a Bulletin board that somebody is responsible for with some company hosting it someplace on their machines. Those people certainly have a right to say what is posted here, and if there is any chance of copyrighted violations then it shouldn't be done.
I actually would prefer a link, because cutting and pasting gives the person doing the cutting and pasting the ability to edit the post to their means. I'm not saying it happens here, but we all know it can and does happen.
There isn't any thing wrong with something like:
Tower files for bankruptcy, the details are at
www.abcdef.com/hhhhh