When Banks and Hedge Funds (Directly) Own Newspapers

Click here to access article by Don Quijones from Raging Bull-Shit.

“In a newspaper like El País it is no longer possible to criticize the main Spanish banks. And you have to be very careful when talking about the Government, in case it gets angry: its benevolence is needed in order to avoid bankruptcy.”

Of course, banks and hedge funds don't need to directly own newspapers to shape news coverage because they are a major part of the web of class rule that controls media coverage.