How Media Will Pay for Poor Warning on Financial Collapse

Huffington Post, May 5, 2009
By Greg Mitchell

Yes, the delivery platform for news -- the Kindle, iPhone apps or rubbery plastic -- may replace paper, but the content still has to be credible. But the media blew both of the major catastrophes of our time: the Iraq war and the financial meltdown. And these failures only adds weight to the warnings of doom for the "old" media.

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