Sunday, August 30, 2009

The ongoing banking struggle, AP style

You gotta love the way the media makes a story sing! Vague sources, just enough factual content to make it believable. Here's an example from AP, about the developments in the banking industry.

http://finance.yahoo.com/news/Meltdown-101-Why-banks-apf-78787609.html?x=0&.v=1

Sources such as "industry experts" can't be beat! There are some AP-types out there doing their job, but it's amazing how many just repeat what they've heard elsewhere, as in this case.

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