Business journalist Gary Weiss wonders on his blog why Overstock.com CEO Patrick Byrne, a frequent critic of business journalism, is used as a source for stories.
“For instance, Antar pointed out in some detail in his blog last year how Byrne manipulated the earnings announcement in the first quarter of 2008.
“While the Trib’s sloppiness is not comparable with the atrocious media coverage of Pegasus Wireless or Biovail, it’s the kind of thing that erodes public confidence in the news media, particularly the business news media. The point being that we are not stenographers, and if a CEO blatantly is blatantly untruthful or dishonest, we have no obligation to serve as his megaphone.”
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