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OLD Media Moves
Time to be blunt about Wall Street meltdown
September 26, 2008
Marketwatch media critic Jon Friedman writes Friday that the business media covering the Wall Street crisis need to start telling it like it is instead of being reserved.
“But these days, the media are taking their good intentions too far. They’re failing to describe accurately the bloodbath (and, you bet, ‘bloodbath’ is an acceptable word, too).
“So, why, then, are financial reporters tearing up their Roget’s? Maybe they’re trying too hard to do the right thing. Perhaps this is a form of political correctness gone amok.
“Or, simply chalk it all up to wimpiness.”
Read more here.
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