Media Malfeasance: In less than two weeks, bombshell stories
of a vicious gang rape and a millionaire teen investor were exposed as
frauds that never would have made it into print but for gross negligence
and liberal bias.
Over the weekend, Jessica Pressler, a "star reporter" at New York magazine, told the story of an underage teen who'd already made $72 million trading stocks on his lunch break. It was part of a series on why people should love the city.
The story spread like wildfire, showing up in the New York Post, Marketwatch, the New York Daily News, Fox News and others.
And why not? New York magazine occupies one of the top rungs on the media elite ladder. Surely it would never publish a piece that hadn't been thoroughly fact-checked and edited.
Turns out the $72 million-kid story had gone through those steps. The magazine even sent a fact-checker to the 17-year-old's home to view a bank statement.
Plus, Pressler's tale fit comfortably with how liberals view Wall Street — as little more than a lottery where someone can "score" millions by "playing" the market. So why bother being skeptical of the kid's tale?
Over the weekend, Jessica Pressler, a "star reporter" at New York magazine, told the story of an underage teen who'd already made $72 million trading stocks on his lunch break. It was part of a series on why people should love the city.
The story spread like wildfire, showing up in the New York Post, Marketwatch, the New York Daily News, Fox News and others.
And why not? New York magazine occupies one of the top rungs on the media elite ladder. Surely it would never publish a piece that hadn't been thoroughly fact-checked and edited.
Turns out the $72 million-kid story had gone through those steps. The magazine even sent a fact-checker to the 17-year-old's home to view a bank statement.
Plus, Pressler's tale fit comfortably with how liberals view Wall Street — as little more than a lottery where someone can "score" millions by "playing" the market. So why bother being skeptical of the kid's tale?
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