The Morgan Stanley Clause That Exposes How News Really Works
Podcasts > The Watchdog on Wallstreet
Friday, August 14, 2026
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Chris revisits a 2005 column examining how major Wall Street firms used massive advertising budgets and contractual clauses to avoid unfavorable news coverage. He argues that the financial ties between advertisers and media outlets can influence editorial decisions, raising broader questions about the independence of financial journalism and television news.
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