Posted on 02/19/2015 5:28:44 PM PST by Labour-Watch
Telegraph View: We are proud to combine journalistic excellence with commercial success and we will continue to do so.
This newspaper makes no apology for the way in which it has covered the HSBC group and the allegations of wrongdoing by its Swiss subsidiary, allegations that have been so enthusiastically promoted by the BBC, the Guardian and their ideological soulmates in the Labour Party. We have covered this matter as we do all others, according to our editorial judgment and informed by our values. Foremost among those values is a belief in free enterprise and free markets.
We are proud to be the champion of British business and enterprise. In an age of cheap populism and corrosive cynicism about wealth-creating businesses, we have defended British industries including the financial services industry that accounts for almost a tenth of the UK economy, sustains two million jobs and provides around one in every eight pounds the Exchequer raises in tax.
We will take no lectures about journalism from the likes of the BBC, the Guardian or the Times. Those media outlets that are this week sniping about our coverage of HSBC were similarly dismissive in 2009 when we began to reveal details of MPs’ expenses claims, a fact that speaks volumes about their judgment and partiality.
(Excerpt) Read more at telegraph.co.uk ...
What’s this about? What is the HSBC group?
A huge global banking concern.
Some guy quit over coverage of this situation.
A lame response to an open letter by an editor who quit over the issue.
They ran a story about a woman with 3 boobs, even though they knew it wasn’t true.
That’s journalistic integrity?
He quit over a long list of offenses
“What’s this about? What is the HSBC group?”
HSBC Holdings plc is a British multinational banking and financial services company headquartered in London, United Kingdom. It is the world’s second largest bank. It was founded in London in 1991 by the Hongkong and Shanghai Banking Corporation to act as a new group holding company.
Recently it has been shown to be a money laundering enterprise for the drug cartels, criminals, tax dodgers, etc. In the US it was fined $1.9 billion dollars and the nominated AG gave a pass to all the criminal officers of the bank. A whistle blower called the bank “a criminal enterprise”.
Thanks.
Yep. Looks like that one struck a nerve.
Your namesake website appears to be in Chinese or something.
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