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  • Tainted Research? Tainted Journalists: The financial media is just as guilty as the analysts.

    11/20/2002 9:01:18 AM PST · by xsysmgr · 3 replies · 108+ views
    National Review Online ^ | November 20, 2002 | Donald Luskin
    For months the financial media has howled for the blood of Wall Street stock analysts as the penalty for their allegedly "tainted" research. Meanwhile, they've cheered the efforts of New York's Attorney General Eliot Spitzer to levy huge fines and potentially restructure the investment-banking industry. It's not just the usual liberal-biased media — like the New York Times — that's out for blood. In today's post-Enron hyper-regulatory environment, capitalism has hardly any defenders in the mainstream media.Even the politically conservative Wall Street Journal is joining this media onslaught. Last week it took the lead by pillorying former Salomon Smith...