Word: scandalizing
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Dates: during 1990-1999
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Earlier this year, the Canadian company Bre-X created a scandal when it reported that the 200 million oz. of gold it had "discovered" were a hoax. That may not be all bad: investors don't have much use for the stuff anyway. Recently Australia, the world's third largest producer, confirmed the sale of about two-thirds of its holdings. The $1.87 billion gold dump followed sell-offs by Belgium and the Netherlands and reports that others would follow. Australia's sale sent the price sinking to $314.60 per troy oz., a 12-year low, before it recovered...
Even as he raised his gavel to open the hearings, Thompson knew that the committee's Democrats had found a way to steal the show. For weeks the man at the center of the scandal, former D.N.C. fund raiser John Huang, had refused to testify; so when Glenn disclosed in his opening statement that Huang might be willing to talk if he were granted some partial immunity, Republicans growled that it was "nothing more than an opening-day stunt." White House aides, who had been nervous that the retiring former astronaut might try to depart the Senate with a statesmanlike...
...Scandal. Illicit activities. There. Now you're reading...or at least that's what the newspapers would lead you to believe. Tabloids like the National Enquirer and The Star make their money from tawdry journalism--if yellow journalism was the sobriquet for sketchy political writing and slightly unconventional reporting style, their writing would best be labeled red, for ignominy. The screaming headlines and conspiratorial accusations and the near voyeuristic exposes of public peoples' private lives make a mockery of the profession and of the noble possibilities of a free press...
...dying to know if Princess Di really is having an affair with her ex-husband's butler. Even as I mock the papers whose lead stories deal with aliens almost as often as they write about us human types, I am aware of the effect of their conspiratorial, scandal-seeking message on my own assumptions and world views. Although I laugh at their incredulous reports, the pernicious element of these papers is that they undermine trust; they create an environment where the given is illegality and dirt, and only the naive believes anything else. So as not to seem gullible...
...Manhattan. While the paper prides itself on serious reporting--and I haven't heard of a slush fund to pay willing eye-witnesses to make up stories for us--the reach of the tabloids is unavoidable. No newspaper, no matter how respectable, can escape the popular expectation of "scandal exposed" that the tabloids have trademarked. If readers don't get infamy uncovered for their buck, they'll stop buying the paper. As a result, even the best papers have responded as any good capitalist ventures would--they have started lowering the quality of their reporting in order to attract readers...