Tag Archives: Wall Street

Mad as Hell

by Mike Mulvihill

In preparing this post, my research found hundreds of blog posts regarding last Friday’s SEC suit against Goldman Sachs (i.e., deceitful, if not illegal, activities in the mortgage securities market debacle that brought on the recession we appear to be just exiting).  And now today’s news, which has generated over 1,000 posts  – a [...]

Media Responsibility in a Time of Crisis

The media’s sensational coverage of the current financial crisis has exacerbated the situation, creating widespread public fear. As mentioned on Friday’s post about the recession’s impact on our sector, no better story typifies this than CNN’s outlandish interpretation of a poll as depicted in this story, “Poll: 60% say depression ‘likely.’” Capitalizing even further, CNN [...]