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Bloomberg reporter who sued Fed is dead

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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:24 AM
Original message
Bloomberg reporter who sued Fed is dead
Nov. 28 (Bloomberg) -- Mark Pittman, the award-winning investigative reporter whose fight to open the Federal Reserve to more scrutiny led Bloomberg News to sue the central bank and win, died Nov. 25 in Yonkers, New York. He was 52.

Pittman suffered from heart-related illnesses. The precise cause of his death wasn’t known, said his friend William Karesh, vice president of the Global Health Program at the Bronx, New York-based Wildlife Conservation Society.

...snip...

Pittman’s fight to make the Fed more accountable resulted in an Aug. 24 victory in Manhattan Federal Court affirming the public’s right to know about the central bank’s more than $2 trillion in loans to financial firms. He drew the attention of filmmakers Andrew and Leslie Cockburn, who gave him a prominent role in their documentary about subprime mortgages, “American Casino,” which was shown at New York City’s Tribeca Film Festival in May.

...snip...

“He’s been on this crisis since before the crisis,” said Gretchen Morgenson, the Pulitzer Prize-winning financial columnist for the New York Times. “He was the best at burrowing into the most complex securities Wall Street could come up with and explaining the implications of them to readers of all levels of sophistication. His investigative work during the crisis set the standard for other reporters everywhere. He was a giant.”

...snip...

http://www.bloomberg.com/apps/news?pid=20601109&sid=afp8OC.OvRnI&pos=12




Funny how guys like this end up dead at the most convenient times. I wonder what Mr Pittman was working on when he died of unknown causes.
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AllentownJake Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:31 AM
Response to Original message
1. Must have decided to avoid small planes. n/t
Edited on Sun Nov-29-09 01:31 AM by AllentownJake
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Go2Peace Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:33 AM
Response to Original message
2. Interesting note at the bottom of the article, his last message
Edited on Sun Nov-29-09 01:35 AM by Go2Peace
"At the time of his death, Pittman’s outgoing messages offered a link to a black-and-white photo of Woody Guthrie. Written on Guthrie’s guitar: “This machine kills fascists.” "

Here is the pic:

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alittlelark Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:43 AM
Response to Original message
3. SJ Merc exposed the drug /Bush cartel............
The reporter 'commited suicide' and the paper was sold to a multi-national.



Funny that.
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Bolo Boffin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 02:10 AM
Response to Original message
4. Actually, Bloomberg News sued the Fed - Pittman was instrumental in getting that done.
Edited on Sun Nov-29-09 02:11 AM by Bolo Boffin
Just to set the record straight.
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 10:19 AM
Response to Reply #4
6. Cool, thanks. Now, how about setting the record straight on this:
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Bolo Boffin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-30-09 01:04 PM
Response to Reply #6
11. Just as soon as you go to this thread and set the record straight there:
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-01-09 09:24 AM
Response to Reply #11
15. Ooooo! You GOT ME! However, I don't see how such a gotcha is
equivocal to a suggestion of a homosexual rendevous at a Motel 6, seeing as I'm not homosexual.

And even your "gotcha" is a big fat FAIL considering I have addressed that very issue in at least two lengthy posts that were immediately deleted. I also stated following the most recent deletion that I would not be wasting my time addressing it again. Which means you either need to keep up with what's going on or you need to procure better reading comprehension skills.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:08 PM
Response to Reply #4
7. “Who sues the Fed? One reporter on the planet,”
said Emma Moody, a Wall Street Journal editor who worked with Pittman at Bloomberg.

Your point is taken, but so is her larger one.
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Celebration Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 08:09 AM
Response to Original message
5. ah, so THAT'S why Bloomberg news was so good
Honestly, it was the only place I trusted for financial news. One person can make that much difference. I hope someone else there picks up the gauntlet.

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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:11 PM
Response to Original message
8. Funny how people who stand against the Fed somehow always wind up dead.
Like JFK.
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Subdivisions Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 01:12 PM
Response to Reply #8
9. Ohhhh...SNAP! I hadn't thought of that! n/t
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Bolo Boffin Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-30-09 01:06 PM
Response to Reply #8
12. Funny how people who support the Fed 100% somehow always wind up dead as well.
It's a conspiracy, I tells ya!
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Freddie Stubbs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-01-09 09:31 AM
Response to Reply #8
16. Funny how everyone winds up dead eventually
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-29-09 04:04 PM
Response to Original message
10. Good article/interview with him from months ago:
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Echo In Light Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-30-09 01:07 PM
Response to Reply #10
13. Thanks for posting
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LeftHander Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-30-09 01:08 PM
Response to Original message
14. look for needle wound between toes...nt
:tinfoilhat:
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