Fair and balanced?

[captpackrat]

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.

Comments

[dakhun.livejournal.com]

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...