Saturday, July 11, 2009

High Finance

A few years ago, I noted that Rolling Stone's political writing had been getting pretty nutty. Their muckraking has become infested with populist paranoia.

The latest example is Matt Taibbi's hatchet piece on Goldman Sachs. Here's the subtitle:

Matt Taibbi on how Goldman Sachs has engineered every major market manipulation since the Great Depression

This pretty clearly announces what follows will not be serious journalism.

I was planning to go into this article, but it's too tiresome. Besides, someone already did it.

1 Comments:

Anonymous Anonymous said...

I don't Goldman Sachs or anyone on Wall Street worries about pieces in Rolling Stone. Even people who might agree with the mag's outlook doesn't take its political pieces seriously.

8:25 AM, July 11, 2009  

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