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Nofsdad
Joined: 06 Jul 2003
Posts: 8380
Location: Central CA
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Posted: Mon Jun 08, 2009 5:58 pm Post subject: Financial Media Complicit In The Collapse
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This links to an article on a report published by the Columbia Journalism review:
http://crooksandliars.com/john-amato/cjr-media-and-financial-crisis-journali
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In "The List," a table of 727 stories from the business media, CJR tracks the history of the recession's coverage from its first rumbles and murmurs in 2000 to the cataclysms of 2007. In the process, the publication explores whether the media did, in fact, do everything that it could to protect its readers.
In its final analysis, the answer seems to be a resounding "no."...read on |
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mdovell
Joined: 22 Dec 2007
Posts: 461
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Posted: Mon Jun 08, 2009 9:52 pm Post subject:
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Around early 2001 I remember Fortune magazine had a cover with a headline of "Is $70 a share for Enron too much?"
It's certainly an interesting list. But in all honesty I don't pay that much attention the media. Heck I just got my last issue of businessweek this week (I got it free anyway)
tv is free, radio is free, magazines and newspapers are nearly given away. Sometimes you get what you pay for.
This isn't the first time the media let us down. Where was the NYT in terms of being critical of the leadup to the iraq war. We used to have real journalism and reporting but unfortuatly much of it has been dumbed down or even faked (Jason blair at the nyt)
I'm more of a contrarian by nature. If you listen to Bill Gross of Pimco or Peter Schiff that gets closer to what I think
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