[pfarnsworth]

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.

[forgingahead]

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.