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How the Press Covered the Panic of 2008

   It didn’t.

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Posted in 2007-08 Financial Crisis, Contemporary economics Tagged with: ,

When John Authers departed the Financial Times for Bloomberg News earlier this autumn, he left behind a couple of bombshell articles that my friends still haven’t stopped talking about. After 29 years as one of the FT’s most admired commentators, the former editor of the paper’s vaunted Lex page, proprietor of the “Short View” column, was leaving Britain for the United States. In the first article, under a headline “In a crisis, sometimes you don’t tell the whole story,” he wrote: It is time to admit that I once deliberately withheld important information from readers. It was ten years ago,