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> Giving narcissistic sociopaths like SBF an audience is absolutely disgusting Their goal should be informing the public-- putting SBF up does that, he's not d

by nullc 4y ago

> Giving narcissistic sociopaths like SBF an audience is absolutely disgusting Their goal should be informing the public-- putting SBF up does that, he's not duping anyone else now. The fact that he may be getting off on the attention isn't any of our concern. But yeah the puff pieces are obnoxious. This is a case where no one (in the US, probably anywhere) is getting fired for coming out guns blazing. There isn't any good reason I can see to hold back here, there won't be any more "donations" of customer funds to media orgs. Too much modern journalism isn't just unwilling to speak truth to power, it's unwilling to speak the truth about scammers that put on a power nose and glasses.

richbell 4y ago
> Their goal should be informing the public-- putting SBF up does that, he's not duping anyone else now. Arguably, allowing SBF to make unsubstantiated claims and not challenging them is the opposite of informing the public. Like you've said, many institutions are unwilling to challenge even the most vile scammers, and it's because interviewing the scammer generates clicks and the scammer won't agree to come on if they know they'll be challenged. It isn't just journalism either: lot's of auditing firms more-or-less rubber stamp their larger customers because giving them a hard time means they won't be hired again; heck, the ratings agencies were key factors that lead to the 2008 collapse, for similar reasons.
pempem 4y ago
What can modern journalism do when it was all bought by the 'power' its supposed to be speaking truth to? The consolidation of media has been a massive issue throughout the world but predominantly in the US and started a long way back. There are two movies that are imho great watches reflecting the topic: Network: https://en.wikipedia.org/wiki/Network_(1976_film) https://en.wikipedia.org/wiki/Network_(1976_film) Christine: https://www.esquire.com/entertainment/movies/a51606/christine-rebecca-hall-2016-canon/ https://www.esquire.com/entertainment/movies/a51606/christin...

by nullc 4y ago

richbell 4y ago

> Their goal should be informing the public-- putting SBF up does that, he's not duping anyone else now. Arguably, allowing SBF to make unsubstantiated claims and not challenging them is the opposite of informing the public. Like you've said, many institutions are unwilling to challenge even the most vile scammers, and it's because interviewing the scammer generates clicks and the scammer won't agree to come on if they know they'll be challenged. It isn't just journalism either: lot's of auditing firms more-or-less rubber stamp their larger customers because giving them a hard time means they won't be hired again; heck, the ratings agencies were key factors that lead to the 2008 collapse, for similar reasons.

pempem 4y ago

What can modern journalism do when it was all bought by the 'power' its supposed to be speaking truth to? The consolidation of media has been a massive issue throughout the world but predominantly in the US and started a long way back. There are two movies that are imho great watches reflecting the topic: Network: https://en.wikipedia.org/wiki/Network_(1976_film) https://en.wikipedia.org/wiki/Network_(1976_film) Christine: https://www.esquire.com/entertainment/movies/a51606/christine-rebecca-hall-2016-canon/ https://www.esquire.com/entertainment/movies/a51606/christin...