Category Archives: Media watch

Clinical Trial Transparency Effort Encounters Deafening Silence in US Launch; Agnotology or Anechoic Effect?

A successful initiative in the UK to obtain more registration and publication of clinical trial data has had its US launch utterly ignored , not simply the mainstream media but also the logical suspects in the medical trade press and scholarly journals..

Media Hypes Praluent, the Next Expensive “Blockbuster” Not Yet Shown to Benefit Patients

Another example of the corruption of science: the press falls all over itself hyping Praluent, a new cholesterol-lowering drug with remarkably inconclusive clinical trial data behind it. As Roy Poses points out, “The clinical benefit of the drug was not evident in this trial.”

What is the IMF?

By Nathan Tankus, a writer from New York City. Follow him on Twitter at @NathanTankus International political economy is filled with an alphabet soup of organizations that govern all different areas of economic life. Journalists and other commentators tend to talk about these organizations like they have singular positions and immutable opinions. They do not. Instead […]

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?

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.

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.

CalSTRS Doubles Down in Private Equity Carry Fee Reporting Scandal

Memo to CalSTRS: When you are in a hole, stop digging.

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.

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.

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.

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 […]

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 […]

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.