IMF Staff Attempts to Spread Discord Over Greek Bailout to IMF Board
Nathan Tankus reports on the latest developments in the IMF staff’s growing war against a deal. Can they succeed in sowing dissent?
Read more...Category Archives: Media watch
Private Equity Shills Resort to Ludicrous Arguments to Try to Deflect “Carry Fee” Reporting Scandal
The scandal over CalPERS’ failure to track “carry fees” has the industry worried enough that it is offering up ludicrous rationalizations.
Read more...Comparison of Greek and English Version of Kathimerini Scoop on Varoufakis Parallel Currency Plan
Filling in some details on a bombshell report about a call that Varoufakis had with hedge fund managers about a parallel currency.
Read more...CalSTRS Doubles Down in Private Equity Carry Fee Reporting Scandal
Memo to CalSTRS: When you are in a hole, stop digging.
Read more...New York Times DealBook Underplays Misconduct By Regulatory Fixer Promontory, Under Investigation by New York Department of Financial Services
Promontory Group, which plays a major role in helping financial firms tilt the regulatory playing field in their favor, is about to get a long-overdue comeuppance.
Read more...Private Equity Carry Fee Scandal Spreads to CalSTRS After NC Points Out Connection
A carry fee reporting scandal that started at CalPERS has spread to CalSTRS as California Treasurer John Chiang says he’ll ask questions.
Read more...Say It With Me: Lagarde Is NOT Threatening To Scuttle Bailout Deal
The endless march of misreporting on the IMF and Lagarde’s statements continues.
Read more...Lagarde Distances the IMF From Implications of Leaked Debt Sustainability Report
By Nathan Tankus, a writer from New York City. Follow him on Twitter at @NathanTankus Earlier this week I did a detailed analysis of the way the media misreported Lew and Lagarde’s statements last week regarding Greece. Yesterday this type of misreporting reared its ugly head again when an update to the Debt Sustainability report […]
Read more...John Helmer: What is the Price of Suppressing the Truth in the Info War Against Russia?
Most people don’t think too hard about the fact that there is a price for secrecy, and when the truth is dangerous, the price is high.
Read more...The Awful Press Coverage of Lew and Lagarde That Fueled Delusion Wednesday
By Nathan Tankus, a writer from New York City. Follow him on Twitter at @NathanTankus Part of the difficulty of writing in detail about the Greek crisis is how awful the reporting is. Headlines often say misleading or outright lies, backed up by articles that are usually somewhat less misleading but require strong parsing to […]
Read more...Bill Black: LIBOR – History’s Largest Financial Crime that the WSJ and NYT Would Like You to Forget
Reporting on the Libor criminal trial in the UK ranges from lame to non-existent.
Read more...Gaius Publius: The Clinton Campaign Notices the Sanders Campaign, or How to Read the Media
Unexpectedly strong poll momentum and event turnout for Bernie Sanders has the Clinton campaign starting to get concerned.
Read more...Obama in Retreat Thanks to Elizabeth Warren-Led Opposition to Plan to Appoint Another Corporate Stooge as SEC Commissioner
Elizabeth Warren has stymied the nomination of yet another corporate stooge to an important regulatory post, that of SEC commissioner, at least if the howling from Wall Street is any guide.
Read more...The Times’ Condescending Attitude Toward Bernie Sanders
We’ve been giving some attention to the Bernie Sanders campaign because it is serving the important function of moving what the media regards as acceptable political discourse to the left. And as a sign that Sanders is moving up in the world, the Grey Lady has published an oh-so-carefully dismissive profile
Read more...Sacramento Bee Reports on CalPERS’ Fee Lapses
CalPERS is in even more hot water as the influential Sacramento Bee raises its eyebrows about CalPERS’ lack of attentiveness about fees.
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