The Fortune Tellers: Inside Wall Street's Game of Money, Media, and Manipulation (Audiobook) (repost)
The Fortune Tellers: Inside Wall Street's Game of Money, Media, and Manipulation (Audiobook) By Howard Kurtz
English | 2000 | ISBN: 0743510097, 0684868806 | MP3 | 3 hrs 55 mins | 107.75 MB
English | 2000 | ISBN: 0743510097, 0684868806 | MP3 | 3 hrs 55 mins | 107.75 MB
Kurtz is the Washington Post's media reporter and hosts CNN's Reliable Sources. His three previous books have all looked at various aspects of the way news is reported. He has offered examples of how newspapers have mishandled major stories in Media Circus (1993), lamented the proliferation of talk shows in Hot Air: All Talk, All the Time (1996), and investigated the relationship between reporters and President Clinton's press office in Spin Cycle: Inside the Clinton Propaganda Machine (1998). Now he looks at the explosive growth of financial journalism and questions the reliability of some financial information, wonders about the timing of certain news stories and releases, and raises ethical concerns about conflicts of interest.
Kurtz especially sees problems when brokerage house analysts are called on as commentators. He offers up a brief history of financial news reporting, and he profiles some of the more colorful and controversial figures in the field. Much of what Kurtz exposes should serve as a warning to information-hungry investors who are often too quick to follow publicity bandwagons.