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Ear to the Ground

NYT Columnist Answers to Bankers First

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Posted on Oct 5, 2011
Flickr / david_shankbone (CC-BY)

A New York Times financial columnist who specializes in covering Wall Street went to the Occupy Wall Street protest for the first time Saturday only after he said he received a call from “the chief executive of a major bank” who wanted to know whether the protests were “a big deal” or a potential “personal safety problem.”

Glenn Greenwald, a lawyer and columnist for Salon, criticized Andrew Ross Sorkin on Tuesday first because it took him more than three weeks to make it to the place that also happens to be his beat, and secondly because when he finally did go, it wasn’t because he thought the protests were worth covering, but because the CEO “of a major bank” had raised questions about the demonstrations. —BF

Glenn Greenwald on Salon:

How interesting that when a CEO “of a major bank” wants to know how threatening these protests are, he doesn’t seek out corporate advisers or dispatch the bank’s investigators, but instead gets the NYT‘s notoriously banker-friendly Wall Street reporter on the phone and assigns him to report back.  How equally interesting that if this NYT financial columnist can’t address the concerns and questions of a CEO “of a major bank,” he hops to it to find out what was demanded of him.  Sorkin did what he was told, cautiously concluding:

As I wandered around the park, it was clear to me that most bankers probably don’t have to worry about being in imminent personal danger. This didn’t seem like a brutal group — at least not yet.

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By Peggy Jayne, October 6, 2011 at 9:49 pm Link to this comment
(Unregistered commenter)

We must pass a constitutional amendment that corporations are NOT people. We MUST get the money out of our elections. No more lobbyists. We must elect only decent, caring people like Sen. Bernie Sanders to our Congress. Most of the “legislators” now sitting in Congress are a total disgrace.

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By bluesman, October 6, 2011 at 4:54 pm Link to this comment

Sorkin is just another shill for the Republican party as well as corporate interests and other big money interests.
If you read his stuff you see this pretty much in all his writings.

Unfortunately he gets on TV yapping for his masters on a regular basis.

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By gerard, October 6, 2011 at 2:21 pm Link to this comment

Decker:  A reminder—McVeigh was yesterday. McVeigh was ten thousand years ago.  Enough already.
Peace!

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By R E Decker, October 6, 2011 at 12:21 pm Link to this comment
(Unregistered commenter)

“the chief executive of a major bank” who wanted to know whether the protests were “a big deal” or a potential “personal safety problem.”

Until there is an imminent threat to personal security, these CEO’s will do everything in their power to maintain the status quo and continue the theft from honest and hard-working Americans. 

Stick a RESERVED FOR TIMOTHY MCVEIGH parking sign outside these banks, and Goldman-Sachs, and see what type of response you get.

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By gerard, October 6, 2011 at 11:16 am Link to this comment

“We’re trying to figure out how much we should be worried about all of this,” he continued, clearly concerned. “Is this going to turn into a personal safety problem?”asks Mr. Rich. 
  He wants the New York Times to tell him whether he should be paying attention to the 99% of hoi polloi below who are defnitely not able to eat cake.
  That tells you a lot.  The NYT tells Mr. Rich what to do, what to think, how to relate to “the American Street”? 
  And in the process, the 99% find out that, yes,
the downstairs is being noticed upstairs.  The 99% are managing to make the floor-boards creak, and perhaps a few screws that hold capitalism together are coming loose. Duck and cover, children!  Crawl under your desks.
  The tide is trying to turn—(non-violently, praise Jesus! the original non-violator). Evidence is becoming clear worldwide:  The world of yesterday is not good enough for the people of tomorrow.

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By Basoflakes, October 6, 2011 at 10:39 am Link to this comment

The only news outlet covering the protestors and their ideas is Democracy Now.  All the rest of MSM are pandering to corporatocracy.

How to get Wall Street and Corporate America out of Governemnt - public funded elections and the elimination of K Street influences.

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Billy Pilgrim's avatar

By Billy Pilgrim, October 6, 2011 at 4:05 am Link to this comment

Sorkin is on CNBC all the time peddling the usual
corporate horseshit.

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