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Former chair of the WH Council of Economic Advisors.
"What I regret, but I did not realize at the time of last night’s show, is that Dr. Tyson is also on the board of Morgan Stanley….Fortunately my friend and frequent guest columnist David Sirota has things like this memorized, he shot me an email about the conflict of interest, since Morgan Stanley is a company that received $10,000,000,000 in TARP bailout money….
But what I regret is hosting a discussion about companies that have benefited from the bailout, without disclosing that one of the people having that discussion has a significant financial interest in one of those companies. Duh! Very sorry, very embarrassing."
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And, the “money quote” from this is the use of the words “regret”, “embarrassing”, “did not realize” — for a news person to apologize immediately to viewers? Amazing. Rachel — class act. All the way.
Ladies and gentlemen; Digg is open.
That is is.
Yay Sirota!
Yay Rachel!
Hmmmm Tyson.
This is EXACTLY what we need to see more of, when shows fail to fully vet and disclose prior to the person coming on to yak, they have to publicly own their goof. Otherwise, they’re feeding the smug cronyism of the beltway bandits.
Shame, Dr. Tyson, for shame. You did have a great academic record (I read your work as a doc student). Too bad you sold out.