Mar 7, 2014
Breitbart Site Duped by Fake Paul Krugman Bankruptcy Story
Posted on Mar 11, 2013
A Breitbart.com editor fell hook, line and sinker for a satirical story that claimed economist Paul Krugman had filed for personal bankruptcy after accumulating more than $7 million in debt. In a since-deleted March 11 post, editor at large Larry O’Connor ridiculed the Nobel Prize winner for handling his own finances so poorly, evidently unaware that the article had originated from the satire site The Daily Currant.
“In his post, O’Connor jabbed Krugman for supposedly spending ‘$84,000 in one month’ on Portuguese wines and ‘a dress from the Victorian period,’ and concluded that ‘apparently this Keynsian [sic] thing doesn’t really work on the micro level,’ ” Media Matters reported Monday.
The story was yanked without explanation, but O’Connor later tweeted that he “trusted Boston.com as the source for that Krugman piece, but they were duped by Daily Currant, therefore, so was I!”
Boston.com, which is a subsidiary of The Boston Globe, also deleted the story from its website, but not before questions arose on how it got there in the first place. Globe editor Brian McGrory explained that no decision was ever made to run the piece and that it came from “a third party vendor who partners on some finance and market pages on our site.” He added, “We never knew it was there till we heard about it from outside.”
Coincidentally, just last month Breitbart.com blogger John Nolte ripped into The Washington Post for running a story about Sarah Palin that also originated from The Daily Currant, blasting the paper for not letting “facts get in the way of a good narrative.”
And lest you were concerned about Krugman’s finances, the New York Times columnist took to his blog Monday to assure everyone that the whole thing was indeed a hoax.
—Posted by Tracy Bloom.
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