5/27/2010 4:46 PM
McAdams On: Journalistic Integrity
Deb, would you mind elaborating on and naming names here:
"News organizations rarely investigate one another with considerable steam because they’re all owned by the same hedge fund, with money from everyone’s 401(k). Thus, in that “Lion King” hakuna-matada kind of way, everything is one big circle of something."
The Associated Press is a non-profit, definitely NOT owned by a hedge fund.
It would be illuminating to see a chart connecting the dots, or read who/what company owns how much of what company, etc.