Robert Peston the BBC business editor has been grilled today by MP´s on the Treasury Select Committee, over his involvement with the banking crisis.
Cast your mind back to his reporting on Northern Rock ( breaking the news that they were seeking emergency funding) and the possibility of privileged information appearing on his blog regarding HBOS takeover talks with Lloyds, causing mass share buying. Both of these assumptions, by the way turned out to be correct.
Peston defends himself, saying it is due to good journalism rather than insider information.
The recession/credit crunch has proven to be the best thing that could happen to Mr. Pestons career, this is indeed his finest hour and it is plain for all to see he is enjoying the attention.
I would suggest that he is either incredibly lucky or he has the journalistic skills Peter Parker gained when he was bitten by a mutant arachnid and developed spider sense.
Wednesday, February 4, 2009
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