Peter Wilby reflects on the media’s effect on financial crisis. He writes that something like what’s happening now did happen 30 years ago, when NatWest was in ‘dire straits’, but it went largely unreported. A drama ‘behind closed doors’, he says, attributing his account to former Financial Times editor Richard Lambert.
- FT.com: Lionel Barber on financial journalism and the economic crisis
- FT.com: Deceleration in US online advertising
- Blogs transformed mainstream media coverage of the credit crisis, Kristine Lowe argues in new book
- MediaGuardian: What did British media look like in 1984?
- Gillian Tett at the Frontline Club: tonight 7.30pm GMT