Wall Street On Parade Responds to New Publisher at New York Times
By Pam Martens and Russ Martens
Posted January 30, 2018
On Monday Jan 1, 37-year old Arthur Gregg (A.G.) Sulzberger took the helm as the new Publisher of the New York Times, succeeding his father, Arthur Ochs Sulzberger Jr., whose tenure in the post lasted for the past quarter of a century.
Wall Street On Parade has a unique basis on which to test the sincerity of A.G.’s promise for “truth.” For the past five years Wall Street On Parade has requested that management at the New York Times correct the extraordinary, non-factual reporting it has published on the relationship that the repeal of the Glass-Steagall Act had on the epic Wall Street collapse of 2008, which resulted in the most devastating economic crisis since the Great Depression.
The New York Times has good reason to be defensive about the Glass-Steagall Act repeal in 1999. It was one of the major cheerleaders for the repeal. More…