Where Were the Media as Wall Street Imploded?
There are plenty of people to share the blame for the collapse of the nation's financial system.... But what about the self-described watchdogs in the media? Full Story »
Posted by Dan KennedyReview
While the author fairly appraises the successes and failures of recent journalism, mainly in financial coverage, he fails to examine why. Without asking that question, the value of this piece is diminished. The Daily Show putdown of financial reporting wasn't as evenhanded, and was no more in-depth, but it was funnier and first.
My own opinion is that the companies that owned the media outlets had a vested interest in keeping investors in the market, just as they had a financial interest in pushing us to war.