Goldman-Sachs Apologizes, but Ha'aretz Does Not

Ha’aretz reported on June 5 that Goldman Sachs has apologized for a May 27 report in Ha’aretz in which one of its analysts attacked the Israeli finance minister. In this latest report, we learn that a Goldman Sachs vice president thanked Shalom for presenting investors in NY with a true picture of the Israeli economy and the Finance Ministry’s policy intentions. The vice president writes that everyone present at the meeting with Shalom was impressed by the depth of his analyses. 

A far cry from the previous report that claimed Shalom stunned and disappointed his listeners, and that he should not have said what he did about planned economic policy. 

What we can learn from this follow-up article and public apology is:

1.      Don’t miss our NBNs. On the day Ha’aretz published its first attack on Shalom, we presented the real news behind the news: the real story was the collusion between a young analyst at Goldman Sachs, who pretended to be a military expert and a political scientist, and the Ha’aretz newspaper, in attacking a Likud finance minister and the use of an F-16 in fighting terror (see “Shalom Flops In NY, says Goldman Sachs”).

2.       The glaring deceit in the report was so obvious, that the reporter who wrote up the young analyst’s comments had to have been aware of it. Thus his report was equally tainted.

3.      The editor who read the story as written had to have seen both the analyst’s deceit and the reporters failure to point it out; yet he ran the story over five columns. Thus the editor participated in the scam. 

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