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August 15, 2012
With Discordant Synchronicity The “Barclays” Center Will Open At LIBOR Scandal’s Peak: What The New York Times Is And Isn’t Covering
Noticing New York
Good news reporting needs to be integrative. You make reported news events more meaningful to your readership when you acknowledge the broader context in which those events are taking place and how they likely relate to your readership community. Compartmentalization of the news may sidestep cognitive dissonance but it is nonetheless a disservice to anyone wanting to make sense of the world.
I am thinking about this because I am thinking about how the New York Times is reporting the LIBOR interest rate-rigging scandal in connection with which the name “Barclays” has become a new shorthand synonym for how low the ethical standards of Wall Street can sink. How will the Times relate that reporting to what is relevant to residents of its home town, New York City?
A Times Search Centering on "Barclays" vs. One Centering on "Barclays Center"
If you do a search of the New York Times site for the word “Barclays” everything that comes up first is relevant to the scandal notoriously besmirching the bank’s name; see below.
...Conversely, with the Barclays LIBOR scandal so prominently in news in recent weeks, if you do a 30 day search of the Times site for the term “Barclays Center,” the new Forest City Ratner/Mikhail Prokhorov-owned basketball arena scheduled to open soon, and therefore destined to open contemporaneously with criminal indictments of Barclays traders, you get a list of hype and hoopla articles about the center that make no mention of the darkening cloud of the Barclays scandal; see below.
Posted by eric at August 15, 2012 9:42 PM