Tuesday, April 07, 2009

MORE "EXPERT" FAILURE

"The Washington Post has just dropped its separate City section and runs financial coverage in with the rest of the news. The New York Times is about to do the same.
What? Downgrade the importance of economics, bailouts and bust banks just as they grip the world by the windpipe? Was there ever such a decision so out of time? Two comments. Whole sections of expertise didn't help readers to see what was coming. And since its come, there isn't the advertising left to make them fly away." (Observer, 5 April) RD

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