16 March 2009

And now, business journalists

As you may have seen me mention, since I repeat it at every chance, no one's reputation survived the first decade of the new century. Here, from today's WaPo, is the Project for Excellence in Journalism's annual report overall assessment of the business media's role in reporting the recent unpleasant news:
"By and large the press as an institution failed to function as an early warning system for what is now being called the biggest economic disaster since the Great Depression."

So, who do you trust? Other than tarot cards and tea leaves.

which are just as accurate as the pundits. But then, so are you. So am I. So is my dog Leo.

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