Wednesday, December 07, 2005
Taking Stock of Press Power
Fellow Journalism students, are you worried that the media has no real power over events? Then take heart at the actions of James Hipwell, a former Daily Mirror journalist, who used his City Slickers column to manipulate the stock market. After buying shares in a company, he would reccomend it to his readers, wait for them to trudge out and buy up the stock, then simply sell his shares for a tidy profit and go streaking through hospital wards.
Overall, he made £41,000 from this practice, tax-free and on top of his salary. Not bad for a little dishonesty on the side, eh?
bla bla bla found guilty doo doo dee faces a maximum sentence of seven years in prison tum tee tum £41,000?!