A riveting report by Rusty Weiss at Accuracy in Media,
Scandal at The Washington Post: Fraud, Lobbying & Insider Trading
The Washington Post has seen a decline in newspaper circulation and journalistic business that they have been almost solely reliant on the success of their cash generating education business, Kaplan University. Chairman of the Post Company Don Graham has willfully turned a blind eye to allegations of fraudulent business practices, excessive student debt and hardship, and exorbitant executive compensation at the for-profit college. At the same time, Graham has actively engaged in lobbying to help generate profits on the backs of the very students he claims to serve, and also engaged in suspicious stock trading that has greatly benefited his family.
Read the whole thing.