4 ms·
I'm afraid your Businessweek example is incorrect. There is a link provided, linking to Telegram.com with the complete article from Bloomberg Businessweek. Th
by SyneRyder 9y ago
I'm afraid your Businessweek example is incorrect. There is a link provided, linking to Telegram.com with the complete article from Bloomberg Businessweek. The link is broken, but it's cached at archive.org just after the date it was published in 2012:
http://web.archive.org/web/20120713014102/http://www.telegram.com/article/20120712/NEWS/107129806/1237 http://web.archive.org/web/20120713014102/http://www.telegra...
So why link to the Worcester County Telegram's syndication of Businessweek articles, and not directly to Bloomberg Businessweek? Because old Bloomberg articles are behind a paywall and only accessible to Bloomberg Professional Service Subscribers. Here's an example Bloomberg link from that year, note that it only contains one sentence:
https://www.bloomberg.com/news/articles/2012-10-29/bonds-better-off-with-6-5-under-obama-from-bush-s-4-6- https://www.bloomberg.com/news/articles/2012-10-29/bonds-bet...
As for being a right-wing nutter site, the Worcester County Telegram was owned by The New York Times at the time they published/syndicated that article in 2012.
https://www.bostonglobe.com/business/2013/11/26/john-henry-sell-worcester-telegram-gazette/NQI9Lu6jVz7NdTfqRSIdRP/story.html https://www.bostonglobe.com/business/2013/11/26/john-henry-s...
https://en.wikipedia.org/wiki/Telegram_%26_Gazette https://en.wikipedia.org/wiki/Telegram_%26_Gazette
I generally agree with your sentiment on Zero Hedge (and all media), definitely keep an open mind and do your own research. But in this case, it does appear to be from Businessweek.
- fwdpropaganda 9y agoThere's two tiers of quotes there. What you pointed out is the referrence for the inner quote (starting with "About 6 million U.S. borrowers..."). I was referring to the outer quote, the one by "Mike Whitney". Am I missing something?
- SyneRyder 9y agoIt applies to both quotes. Zero Hedge quotes Mike Whitney's article, and within that Mike Whitney quotes Businessweek. The quotation from Businessweek is the portion in quotation marks: “synthetic financing to reduce the up-front capital required if they agree to form a joint venture with Fannie Mae and share proceeds from the rental or sale of properties" It's from the same Businessweek article, "Colony Capital wins foreclosed homes in Fannie Mae auction". Mike Whitney attributes it only by title on his site, but Zero Hedge added a Telegram.com link to the syndicated article. It looks like Zero Hedge actually took an extra step to verify the Businessweek quotes in this case.