A former New York Times editor has called the newspaper’s astute coverage of the World Economic Forum’s annual meeting in Davos a “corrupt circle.”
Jill Abramson, who worked for the newspaper for 17 years, said the Times publishes articles quoting the event’s high-profile speakers in order to satisfy their egos and entice them to speak at their own “high-paying” conferences.
She also noted that her bias in favor of the conference was a new ploy to get “fake stories” and that before she left in 2014, editors wanted to ban her reporters from attending.
The World Economic Forum is a lobbying organization that brings together the world’s wealthiest and most powerful politicians and business leaders to an annual conference in Davos, Switzerland.
Former New York Times editor Jill Abramson said the Times covers Davos to attract speakers and get them to attend NYT conferences
Abramson said in an email to Semafor that this was a new trend and that NYT editors in their day wanted to ban their reporters from attending Davos
“I noticed (after I left) a lot more ‘news’ coverage in the Times of Davos quoting the participants and speakers of these endless panels,” Abramson wrote in an email to Semafor co-founder Ben Smith , who also worked at the time.
“Of course, the coverage was a candy to flatter CEOs by seeing their names on the NYT so they could then speak at high-paying NYT conferences and — of course — run fake news from the conferences in the paper,” she said added.
The Times is known for organizing its own prestigious conferences. In November, it hosted the DealBook Summit, where it controversially offered a platform to Sam Bankman-Fried, whose crypto exchange FTX had just catastrophically collapsed.
Just a few weeks earlier, the newspaper had published an article about Bankman-Fried and the FTX chaos that many argued downplayed his misdeeds and failed to hold him properly accountable by portraying him as a reckless boy.
Abramson, who was fired from the New York Times in 2014, has previously attacked the paper and famously challenged it over its “blatantly anti-Trump” agenda.
Donald Trump once quoted her as making that comment, but she hit back, saying she praised the Times for “its tough reporting” on the former president.
The Times’ positive coverage was part of a ploy to “put false stories from the conferences into the paper.”
A New York Times article introducing the conference was less skeptical, pitching Davos as a “prosperous symbol of a globalizing world.”
Abramson’s comments appeared in an episode of Semfors’ own daily coverage of Davos, which was quick to criticize it for elitism and an inability to influence good politics.
Author Liz Hoffmann suggested that despite their annual meeting, leaders failed to predict the Great Recession and the COVID-19 pandemic.
“It’s midweek, just as the ‘Davos consensus’ begins to congeal and is passed around among the attendees alongside plates of toothpick olives and Gruyère cubes,” Hoffman wrote.
“But it’s almost always wrong. It is too optimistic before crashes. Despite its global roster of participants, it missed the rise of nationalism and economic balkanization. It’s prone to groupthink,” she wrote.
On Monday, Semafor revealed that an anti-Putin activist Bill Browder was charged $250,000 to attend the conference after paying around $70,000 in the past.
“Browder’s long-standing role at Davos has been to address issues that many of his attendees would like to ignore,” the publication reads.
By comparison, a New York Times article introducing the conference on Saturday was less skeptical, pitching Davos as a “long-time prosperous symbol of a globalizing world.”
On Tuesday, however, the Business and Policy DealBook newsletter confirmed that criticism of the conference was reaching new heights.
Former Vice President Al Gore delivered a speech on climate change in Davos on Wednesday
Former Vice President Al Gore delivered a “passionate” speech on climate change in Davos on Wednesday. In it, he warned crowds of “rain bombs” and boiling oceans while discussing the problems the planet will face unless drastic changes are made.
Gore, who also expressed his support for climate activist Greta Thunberg following her recent arrest for protesting a coal mine in Germany, said the world would soon be in peril if citizens continued to treat the atmosphere as an “open-air sewer”. would.
https://www.dailymail.co.uk/news/article-11651851/Ex-NYT-editor-calls-papers-coverage-Davos-corrupt-circle-jerk.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 Ex-NYT editor calls newspaper’s coverage of Davos ‘a corrupt circle’