12:39 pm, 08/24/2011
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SO ANYWAY, Andrew Ross Sorkin and Dealbook, his “financial news service” or whatever, continue their Faustian bargain with Wall Street this week—publishing milquetoast apologia in exchange for idk … A velveteen cushion of ad revenue from the very financial services they’re supposed to be covering? A share of the Wall Street Journal‘s readership, as revenge for the journal creating a pointless Metro section exclusively to compete with the New York Times? A chance to get some c%l VC’s and i-Bankers to follow them on FaceB%k? “W%f!” u kno?
Naturally, the person who seems most annoyed enough to write about this is Matt Taibbi—one of the few reporters with the appropriate balance of scruples and douchery needed* to secure a steady stream of scoops about our ongoing plague of financial sector corruption.
This week, the thing annoying Taibbi is that his damning piece on the SEC’s 17-year policy of shredding its own investigation documents is getting shrugged off over at Dealbook. (The last major blow up, that I can remember, was a two post attack on Andrew Ross Sorkin’s weird defense of Goldman Sachs CEO Lloyd Blankfein.)
However, Taibbi could have just as easily gotten annoyed with anything Dealbook’s been publishing on Goldman lately. Like For Instance: This totally insane mess trivializing news that Lloyd Blankfein is lawyering up in preparation for a Justice Department inquiry into his April 2010 testimony before the senate.
So, yeah: Dealbook is kinda the worst.
One thing I will say in their defense though is that, every time I reload their page, the featured content at the top pops-up from behind a thick horizontal line like some kind of jack-in-the-box. Pretty keut u guyz!