...a daily newspaper using its resources to bully people around, embarrassing them with personal information the paper can't even claim any public interest in -- simply for availing themselves of their First Amendment freedoms.And then there was this editorial cartoon today:
You'd think that Scaife's braintrust would actually, you know, learn something about what they're writing about. But take a look at this from today's Laurels and Lances:
On the "Watch List": BNY Mellon. The commonwealth of Pennsylvania is reviewing whether Bank of New York Mellon overcharged the state and its pension funds on foreign currency transactions over the last 14 years. Three other states already have filed lawsuits to that effect. BNY Mellon denies any wrongdoing. But the allegations are a black mark that the banking giant will find difficult to erase.Sound familiar?
It should. Occupy Pittsburgh has been protesting BNY Mellon for precisely that reason since the occupation began.
From the AP October 19, 2011:
About 75 members of the Occupy Pittsburgh group protested against corporations and the financial system in front of the BNY Mellon regional office in downtown Pittsburgh.And from Occupy Pittsburgh itself:
The protesters gathered at noon Wednesday for less than an hour to demand that Pennsylvania Attorney General Linda Kelly investigate whether the banking giant overcharged pension funds in the state.
BNY Mellon says the allegations are baseless. The Occupy Pittsburgh group was formed about two weeks ago, in response to the Occupy Wall Street protests.
As we pointed out on October 19, BNY Mellon is being sued by the attorneys general of three states for ripping off $2 billion from public pension funds by overcharging them for foreign currency trades. It is also being sued for $1 billion by the Retirement System of the City of Detroit for keeping the pension funds’ money in Lehman Brothers even after it became apparent that that bank was in trouble.Doesn't Scaife's braintrust already know this? If they do, then why did they fail to inform its readership of it? And if they don't, then why do they call themselves a newspaper?
Happy Friday, Pittsburgh.