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This scandal is bigger than Enron...
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Tuesday, March 16, 2010
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From Bearish News:

It seems like there’s an unofficial media brownout of the Lehman accounting scandal. Lack of coverage outside the blogosphere is disappointing to say the least. After chastising themselves for sleeping on the job in 2008/09, mainstream outlets have apparently slipped back into their old ways.

Sure, big media outlets are running some stories. But they aren’t front-page, for the most part. As CJR points out, NYT featured the $3b Tommy Hilfiger buyout over the Lehman story.

This Lehman report is only the biggest financial fraud since Enron. Bigger than Enron, actually. This isn’t a...

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Topics: Fraud | Media | Boondoggle
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