Facebook, hedge funds and the journalists who love them (part 2 of 2)

It's long been suspected that financial journalists are a little too close to the hedge funds they cover. Using Facebook and a specific episode of unusually skewed coverage, this video seems to prove it's true.

Category:

News & Politics

Tags:

• hedge fund
• deepcapture
• patrick byrne
• marc cohodes
• stock manipulation
• joe nocera
• bethany mclean

[Bunnies4wool]

While I don't doubt these people are cozy with the media and conspire for the benefit of hedge funds, I'd hate to be judged by the "friends" I have on Twitter. I'm more impressed that media individuals ignore concrete facts that are laid in their laps.. I think that perpetrators the fraud are adept at manipulating today's weak minded media. I'm old enough to remember hard hitting, insightful interviews & reporting. Just co-incidence that things were better controlled back then?

[writerjudd]

@Bunnies4wool These guys were not happy about being busted like this. They said I was accusing them of being part of a secretive conspiracy. In fact, the exact opposite is true: there's nothing secretive about it. These reporters write skewed stories because they're very openly friends with their subjects. Their poor reporting is a very natural consequence of surrendering their objectivity, as they have.

[expchrist]

wow this is really something important

[MrChucksalot]

If he was so crazy why was he paid a 5million settlement once the @#$% started hitting the fan?

[1mealperday]

favorite expose. Thank you!