Saturday, December 10, 2016

Washington Post Refuses to Retract Article Defaming Naked Capitalism and Other Sites

Our attorney, Jim Moody, sent a letter over the weekend to key figures at the Washington Post, demanding a retraction of its story, Russian propaganda effort helped spread ‘fake news’ during election by Craig Timberg, that defamed Naked Capitalism and other well-regarded websites.

Immediately after Timberg’s dubious story ran, journalists immediately sounded alarms about the Post endorsing and promoting a McCarthyite blacklist, and even worse one that clearly had no sound evidentiary or methodological foundation. Timberg’s piece was widely derided by other publications and prominent writers, including the New Yorker, the media watchdog FAIR, Ben Norton and Glenn Greenwald at The Intercept and Matt Taibbi at Rolling Stone. A representative assessment came from Patrick Maines, president of The Media Institute, at The Hill: “….perhaps the shoddiest piece of feature writing since Rolling Stone published its blatantly false story about a campus rape at the University of Virginia.”

In addition to calling for a retraction, our lawyer also demanded a prominent public apology and an equally prominent opportunity to reply. He asked for a reply in three business days.

The Post did respond in three business days, posting a statement at the beginning of the Timberg article.

However, the Post’s action was inadequate and served to confirm a lack of commitment to integrity and fact-based reporting. This text now appears at the beginning of the “fake news” story:

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