Elinore Longobardi of Columbia Journalism Review wonders why the business media, including recent cover stories in Fortune and Bloomberg Markets, are praising Treasury secretary Hank Paulson.
“And so, as with any ‘great man’, his story needs bits of background that illustrate the formation of his current character. Each piece falls in line with this model.
“Newsweek even starts to lay out the mythological groundwork in the first paragraph with Paulson ‘the former college-football star’ who is ‘carrying the weight of the troubled markets on his shoulders.’ Thank you, Atlas.”
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