Beat The Press?

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Here’s some interesting Friday afternoon reading … The Deal’s Robert Teitelbaum on the question of how much blame the financial press deserves for the current mess we’re in.

We don’t agree with everything Teitelbaum says — he goes too easy on the press in places — but the notion you often see thrown around, that business reporters necessarily failed because they didn’t “predict” the collapse has always struck us as simplistic, so it’s refreshing to see someone trying to think a bit more deeply.

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