Media's Wimpy Wall Street Coverage

crowonapost · #1 (**permalink**) 09-18-2008, 12:40 AM

Media's Wimpy Wall Street Coverage, MarketWatch's Jon Friedman: Reporters Should Show Finance Bosses Respect, Not Deference - CBS News

Quote:

The event should have been regarded as a sorry state of affairs, yet another glaring sign of greed, stupidity and mismanagement on Wall Street. Why else would Merrill Lynch , Wall Street's most acclaimed ambassador to Main Street, among other verities, be forced to sell itself in such an inglorious way?

With all the carnage, you might expect to see a pinstripe lynch mob of sorts encounter the two chief executives. But the media were so polite and deferential to the two CEOs, they behaved as if the press conference were a victory lap for the financial services industry.

There was an absence of tough, in-your-face questions. Yes, by all means, the journalists should have shown these fellows the respect that accomplished people deserve.

mulp · #2 (**permalink**) 09-18-2008, 12:59 AM

Well, McCain hadn't Changed yet! Now he's turned to the representative of the worker and the people, if it had happened a few days later, McCain's handlers would have had him surrounded by union workers in from of the Bull excoriating the greedy bosses and capitalist, and as the CEOs left the building, McCain would have picked up his stick and led the chase to run them down and give them a beating.

crowonapost · #3 (**permalink**) 09-18-2008, 01:13 AM

Quote:

Originally Posted by mulp

Well, McCain hadn't Changed yet! Now he's turned to the representative of the worker and the people, if it had happened a few days later, McCain's handlers would have had him surrounded by union workers in from of the Bull excoriating the greedy bosses and capitalist, and as the CEOs left the building, McCain would have picked up his stick and led the chase to run them down and give them a beating.

The problem though is that they'd be chanting 'Go Obama' like they did when he gave a speech today at an automobile plant.