Log in

No account? Create an account

Previous Entry | Next Entry

Fair and balanced?

Ah, crap.  News Corp (which owns Fox) is making a play for Dow Jones & Company.  Not only does DJ publish a number of important stock indexes (most notably, the Dow Jones Industrial Average), but they also own the Wall Street Journal, Barron's and MarketWatch, three of the top financial news sources.

I see this ending badly for small investors.



( 2 pieces of cheese — Leave some cheese )
Jun. 26th, 2007 05:55 pm (UTC)
This reminds me of when The National Post bought The Financial Post in 1998, and of the fact that Canada's main stock indexes have not been run by a Canadian company since 2002.

It comes from this idea that right-wing information is the only type appropriate for investors, and from the idea that it doesn't really matter where financial data is compiled. And it's all a load. :-P

Still, small investors have managed to work through it...
Jun. 27th, 2007 01:50 am (UTC)
Um I don't know much about stocks and that stuff, too much unknown and risk for me in them. I just have a muteral fund less risk. I just put some money in a really nice CD the other day. It cought my eye because it had a 5.37% fixed rate for 9 months, I couldn't beat that anywhere else!
( 2 pieces of cheese — Leave some cheese )