Friday, March 20, 2009

Washington Post – Instigator

First, you publish the juicy story of AIG bonuses and throw the political bomb in Washington. Then you publish another story about employees at AIG portraying as ‘working hero’ who are doing the thankless duty of ‘defusing the bombs’ in remaining AIG credit swap deals and publish how these remaining honest employees are whacked by rest of America unfairly. Next, you implicitly criticize Congress for imposing 90% tax on bonuses in banks receiving Fed money because that will result in ‘talent flight’.

Is it reporting or instigation?

This does not smell right at WaPo, something fishy is going on. Post needs to be much more balanced and prudent in reporting all this news. It is not so far.

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