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Friday, March 29, 2024

Wall Street On Parade Responds to New Publisher at New York Times

Courtesy of Pam Martens

A.G. Sulzberger

A.G. Sulzberger

On Monday, 37-year old Arthur Gregg (A.G.) Sulzberger took the helm as the new Publisher of the New York Times, succeeding his father, Arthur Ochs Sulzberger Jr., whose tenure in the post lasted for the past quarter of a century.

A.G. has previously held positions at the Times as metro reporter, national correspondent, associate editor for strategy and deputy publisher. He marked the occasion of becoming the fifth generation of his family to assume the mantle of Publisher by invoking his great-great grandfather, Adolph Ochs, who promised readers he would “give the news impartially, without fear or favor, regardless of party, sect, or interests involved.” A.G. then added his own 900-word promise for “independent, courageous, trustworthy journalism” on his watch.

In one particularly poignant passage from the missive, A.G. writes:

“The Times will hold itself to the highest standards of independence, rigor and fairness — because we believe trust is the most precious asset we have. The Times will do all of this without fear or favor — because we believe truth should be pursued wherever it leads.”

Wall Street On Parade has a unique basis on which to test the sincerity of A.G.’s promise for “truth.” For the past five years Wall Street On Parade has requested that management at the New York Times correct the extraordinary, non-factual reporting it has published on the relationship that the repeal of the Glass-Steagall Act had on the epic Wall Street collapse of 2008, which resulted in the most devastating economic crisis since the Great Depression.

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