Showing posts with label journamalism. Show all posts
Showing posts with label journamalism. Show all posts

Tuesday, April 07, 2009

Andrew Rosenthal is a sleazy hack

The name J. Ezra Merkin didn't mean anything to me until I read he's being sued by Andrew Cuomo for having been a big feeder/marketer for Bernie Madoff.

Presumably, it didn't mean anything to Andrew Rosenthal when he published Daphne Merkin's op-ed just weeks beforehand arguing that Madoff's victims weren't really victims because "no one was holding a gun to their head, saying sign up with Madoff or else."

How did she disclose in said op-ed that her brother had placed roughly $2.4 billion with Madoff?

"I did not know Mr. Madoff nor did I invest with his firm, but have a sibling who did business with him."

Now that Andrew Rosenthal knows the extent of Ms. Merkin's brother's legal liability in the Madoff case, surely he regrets letting her pose as any sort of disinterested observer... or not:

In a brief phone interview, editorial page editor Andrew Rosenthal told TPMmuckraker that he had no plans to revisit the issue, even to edit the online version of the now-17-day-old article to offer readers fuller disclosure.

Indeed, Rosenthal appeared dismissive. "I answered this call against my better judgment," he said. "I thought you had something more substantive you wanted to talk about."

Pressed as to whether or not he viewed the issue of disclosure in the Merkin op-ed as substantive, Rosenthal replied: "I'm just not interested in discussing it."

Saturday, December 06, 2008

Don't do the Big Dog like that

The New York Times ran a story headlined "Bill Clinton Speech in Malaysia Irks Investors"

Now, I don't think I was the only person to read that and think that the investors were irked by something Bill Clinton said in his speech. But that's not really the thrust of the story at all. Clinton just said nice things about the guy who organized the event and paid him his $200k to be there. I don't think "investors" should have been too surprised by that.

What the story actually tries to demonstrate is that the organizer in question, a guy named Vinod Sekhar, is a sketchy character. If it manages to accomplish even this, it does so barely. The most damning accusation by anyone quoted in the piece is that the only reason he hired Clinton to appear is because "[h]e just wants to get new investors." Well golly. That's almost as bad as the charge of living in a rented house, which I'm pretty sure is legal. And yeah he settled some lawsuits (one from Bruce Willis) but the guy doesn't have a criminal rap sheet or anything.

So the story is actually about some disgruntled investors of Sekhar's who don't like him and disapprove of Clinton's shilling for him. And the Times runs with the headline "Bill Clinton Speech in Malaysia Irks Investors"?

I'm sure Bill Clinton will do something embarrassing or controversial soon enough, but there's no need to just make shit up.