when china put the stuff into pet food that killed pets, the case was made in real time in our lifetimes that uncontrolled capitalism leads to greed and shortcuts that causes death. when it happened in this country a century ago, regulations were invented.
I think the worst part is that banking is still viewed as an objectively evil profession a year on, which is likely irreparable, because so many of the biggest figures had absolutely no idea how to crisis-manage PR.
They did something similar on NPR. The story left me wondering why they didn't deliver more balanced coverage at the time. It seems like the media are only interested in "balance" when it equals "conflict" (ie pretending the global-warming-doesn't-exist crowd is just as big as those who believe it, over coverage of teabaggers, etc.).
09/13/09
finance, take note.
09/13/09
09/13/09
Just another media fail.