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One of the Problems of the Media

What is interesting is that Davidson, like most reporters on the money beat–hell, like most reporters on most beats–has but the barest grasp of what the thing he reports on actually is; his Wall Street is just a sort of vague metonym for all things having to do with money; imagine a sports reporter conflating the Nordic combined with the NFL with the NCAA Men’s Basketball tournament with Formula One and you get some sense of how these pieces read to a person even marginally interested in the subject.

IOZ, on Adam Davidson’s (muddled, error-ridden) puff piece on Wall Street.