Washington Babylon — December 2, 2008, 3:17 pm

Press Commentators and Financial Ties

The recent New York Times‘s story on the tangled business interests of General Barry McCaffrey has resulted in heavy criticism of NBC News, where McCaffrey serves as a military analyst and in commentator. “McCaffrey may have been an honorable general, but he makes an awful journalist,” Jeff Bercovici of Portfolio wrote today. “NBC News should end its relationship with him or face the loss of its credibility.”

That’s a good idea, but it’s worth pointing out here that media outlets routinely use “experts” with McCaffrey-style economic conflicts of interests without bothering to inform their viewers and readers. As I reported here over the summer, NBC’s lead expert commentator on China during the Olympics was a man named Joshua Cooper Ramo, who was relentlessly upbeat about the games and the Chinese government. Ramo, it turned out, was the managing director and partner at the Beijing office of Kissinger Associates. That firm is headed, of course, by former Secretary of State Henry Kissinger, who enjoys extremely close ties to the Chinese leadership and whose business involves opening doors for Western companies seeking to do business in China.

And just yesterday, the Times ran a story on the Obama administration’s likely China policy which cited Kenneth Lieberthal, identified as “a China specialist now at the Brookings Institution.” But Lieberthal, a regular commentator on China, is also a top official at Stonebridge International, a big economic consulting firms that also has big interests in China. He “advises the firm’s clients on matters related to China and Asia,” says his resume on the firm’s website. “A leading China scholar, Dr. Lieberthal has advised numerous Fortune 500 firms on their business strategies in China.” (I’ve written about Stonebridge for the magazine. Another of its top officials is Jeffrey Bader, a leading Obama advisor on China and media regular on the country.)

In defending McCaffrey and his network, NBC News president Steve Capus described the general as “a man of honor and achievement who would never let business obligations color his analysis.” That’s ridiculous. Business obligations and financial interests color everyone’s analysis, which is precisely why such facts need to be disclosed.

Share
Single Page

More from Ken Silverstein:

From the November 2013 issue

Dirty South

The foul legacy of Louisiana oil

Perspective October 23, 2013, 8:00 am

On Brining and Dining

How pro-oil Louisiana politicians have shaped American environmental policy

Postcard October 16, 2013, 8:00 am

The Most Cajun Place on Earth

A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits 

Get access to 164 years of
Harper’s for only $34.99

United States Canada

CATEGORIES

THE CURRENT ISSUE

May 2014

50,000 Life Coaches Can’t Be Wrong

= Subscribers only.
Sign in here.
Subscribe here.

The Quinoa Quarrel

= Subscribers only.
Sign in here.
Subscribe here.

You Had to Be There

= Subscribers only.
Sign in here.
Subscribe here.

A Study in Sherlock

= Subscribers only.
Sign in here.
Subscribe here.

view Table Content

FEATURED ON HARPERS.ORG

Post
“In Thunupa’s footsteps grew a miraculous plant that could withstand drought, cold, and even salt, and still produce a nutritious grain.”
Photograph by Lisa M. Hamilton
Article
A Study in Sherlock·

= Subscribers only.
Sign in here.
Subscribe here.

“It is central to the pleasure of the Sherlock Holmes stories that they invite play, and that they were never meant to be taken seriously.”
Illustration by Frederic Dorr Steele
Post
My Top 5 Metal Albums and Their Poetic Counterparts·

= Subscribers only.
Sign in here.
Subscribe here.

“1. Death, The Sound of Perseverance (Nuclear Blast, 1998)”
Photograph (detail) by Peter Beste
Article
Found Money·

= Subscribers only.
Sign in here.
Subscribe here.

“I have spent my entire adult existence in a recession. Like most people I talk to, I assume the forces that control the market are at best random and at worst rigged. The auction shows only confirm that suspicion.”
Illustration by Steven Dana
Post
The School of Permanent Revolución·

= Subscribers only.
Sign in here.
Subscribe here.

“The University of Venezuela has provided a consistent counterweight to governmental authority, but it has also reliably produced the elite of whatever group replaced the status quo.”
Photograph © Daniel Lansberg-Rodríguez

Amount of trash left in New York City’s Central Park by people attending Earth Day festivities, in tons:

100

High ocean acidity from rising sea temperatures was causing the ears of baby damselfish to develop improperly; without ears, baby damselfish cannot hear (and thus locate) the reefs where they are meant to grow up.

Colombian author and Nobel Laureate Gabriel García Márquez died at age 87. “You’d be at a bordello,” said the journalist Francisco Goldman, “and the woman would have one book by her bed and it would be Gabo’s.”

Subscribe to the Weekly Review newsletter. Don’t worry, we won’t sell your email address!

HARPER’S FINEST