by Pam Martens and Russ Martens
Wall Street on Parade
It’s becoming clear that the reason so many Americans have their pockets picked by Wall Street scam artists year after year is that mainstream media simply won’t put the dangers of dealing with the mega Wall Street banks on their front pages. Yesterday’s Senate Banking hearing is yet one more example of mainstream media failing the interests of the American people.
At yesterday’s hearing, Senator after Senator probed the Chairman of the Securities and Exchange Commission, Jay Clayton, on what were clearly intentional failings to hold Wall Street accountable. The scathing rebukes of the SEC came from both Republican and Democrats on the Senate panel. But you will find no reports about that hearing on the front pages of newspapers today — or in any section of leading newspapers.
Particularly harsh in their appraisal of Clayton’s rein at the SEC were Republican Senator Tom Cotton of Arkansas, Democratic Senators Sherrod Brown of Ohio and Senator Chris Van Hollen of Maryland.