Accompanying Simon Johnson’s remarkable, must-read Atlantic article, “The Quiet Coup,” is this chart: What’s not noted here — or in most traditional media coverage of the meltdown — is something that everyone should understand. These profits were an illusion in the end. They existed just long enough, purely on paper but not in any long-term […]
Posts on ‘March 30th, 2009’
New Investigative Project
Jay Rosen: Introducing the new Huffington Post Investigative Fund (And My Own Role in It) The announcement of its birth, along with the $1.75 million starter budget, is really the launch of a new Internet-based news organization with a focus on original reporting. You might say the Fund’s operating principle is: report once, run anywhere. […]