Wednesday, December 07, 2005
Taking Stock of Press Power
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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?!