Thursday, August 2, 2012

Mark Gongloff — TV News Is Not Aware Of This Libor Scandal Of Which You Speak

Maybe instead of asking why Americans don't careabout the Libor scandal, we should be asking whether they've even heard of it.
The scandal that has been not-crazily called the biggest financial scandal in history has gotten all of zero minutes' air time on the ABC and NBC nightly news broadcasts and only a little more time than that on CBS and the major cable news channels, according to a report by the progressive media watchdog Media Matters.
Read it at The Huffington Post | Business
TV News Is Not Aware Of This Libor Scandal Of Which You Speak
Mark Gongloff | Chief financial writer, The Huffington Post

Apparently the media has decided that Libor is just too complicated for ordinary people to understand, or too wonky to be interested in.

1 comment:

dave said...

actually, media is doing their job, making sure that the public remain completely ignorant, or misinformed. ministry of truth