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re: More fake news from CNN

Posted on 1/17/17 at 9:33 pm to
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 1/17/17 at 9:33 pm to
quote:

CNN certainly knows specifics about Price's investments now.


What do they know now that they didn't know when the articles were published? They stated that his reply was that the buy was broker driven.

quote:

Yet CNN continues to insinuate doubt about Price's ethics in conjunction with investments.


They have reported Schumer's allegations and the facts that they know at this point. They've made no judgements as to the possible outcome. But this issue will be a part of his confirmation, however it turns out, and they're reporting it. By definition, this is news.
Posted by NC_Tigah
Member since Sep 2003
125539 posts
Posted on 1/17/17 at 10:05 pm to
quote:

They've made no judgements as to the possible outcome.

By repeating Schumer's allegations wholesale with no qualification as to veracity, they were passing judgement. That's bad journalism.

The Trump transition Team and others pointed out to CNN that Price's financial advisor rebalanced Price's portfolio independently "to ensure proper diversification". In the course of the rebalancing, the portfolio manager purchased 26 shares of Zimmer Biomet's stock worth $2,697.14. Price learned of the purchase on April 4, 2016 when his financial advisor sent him a list of trades to be disclosed on his House Periodic Transaction Report (PTR). He filed those on April 15, 2016.

Documents were also provided to CNN showing Price began work on his legislative effort to delay the comprehensive joint replacement demonstration project in 2015, long before any related stock transaction.

CNN was asked to retract the story. Instead CNN has doubled down on questioning about it. CNN continuing to press the false narrative is "fake news"
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