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by JackFr 2330 days ago
> the article is clearly biased,

The article may be biased -- that doesn't mean its wrong. The same facts can be presented in different ways. The fact that the WSJ is presenting them in a way that makes Ray Diallo unhappy doesn't make them untrue.

> they give token space near the beginning to the responses of the actual subjects in the article

Very often the actual subjects of the article are not objective or disinterested. In fact they are often poor sources of information that may be unflattering

> Journalism is not about informing or educating, it is about entertaining

Journalism is about selling ads, nothing more, nothing less. Some journalists may present it as a vocation to truth etc., but the reality is they exist because there is still a market for reliable robust reporting. In the English speaking world, fake news, biased outlets and muckraking have been the norm rather than the outlier over the past three to four centuries.

> Media companies absolutely hate this loss of influence

Media companies hate that thy're being driven out of business.

But apart from all that, with respect Ray Diallo, money talks and bullsh*t walks. If the WSJ asserted disparaging facts about him, call a lawyer and stop writing cry-baby posts on LinkedIn.

1 comments

The WSJ article is really weirdly written. It definitely seems very biased.

They state things as facts like "Mr. McCormick, 54, had discussed jobs with the Trump administration. He also chatted with BlackRock Inc. Chief Executive Laurence Fink about the possibility of leaving Bridgewater, according to this person and another close to the situation."

And yet, further on, it's completely refuted by both McCormick and Blackrock. "Mr. McCormick said the attempt to reduce his stake “did not happen and I did not make that comment.” He said he has a “terrific working and personal relationship” with Mr. Dalio. He also said “I never discussed a job at BlackRock.” A company spokesman added that Mr. McCormick “never discussed with Larry about leaving Bridgewater.” Mr. Fink said in a statement that “while I think highly of David, and we’re close friends, we have not discussed the prospect of him working for BlackRock since he left Treasury a decade ago.” "

The article makes a bunch of assertions, making them sound real, and then they get massive denials from the actual parties involved, but bias the article towards the rumors.

That's exactly it -- when so-called "journalists" themselves are conflating rumours, innuendo, and gossip with "facts" and "truth", then of course they're killing their own credibility, and that of their publishing institution. Nobody will remember these journalists in the long-run anyway, the real damage is to the WSJ itself.