Pickle Real Estate

Reading Between the Head-Lines

On The New York Fed’s Editorial Influence Over The WSJ

On The New York Fed’s Editorial Influence Over The WSJ
2010-07-05 — zerohedge.com

“Yet going through some of the recently made public e-mails produced on behalf of Stephen Friedman, we had a few questions as to the full independence of the WSJ when it comes to “editorial” suggestions from the Federal Reserve Board Of New York. As the below email from Fed EVP of the Communications Group, ala media liaison, Calvin Mitchell to the WSJ’s Kate Kelly demonstrates, and as the final product confirms, the Fed was quite instrumental in what quotes, tangents, implications, and story lines the WSJ was allowed and not allowed to use and pursue in framing the problem of not only Friedman’s conflict of interest, but that of the FRBNY board of directors itself.”

original article

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July 13, 2010 - Posted by | Banking, Lending, Real Estate, Stats

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