CNN is in trouble, with its reputation tanking as a result of publishing an article connecting Trump ally and Wall Street financier Anthony Scaramucci, who served on the executive committee of Trump’s transition team, to the $10-billion Russian Direct Investment Fund. The story based on a single antonymous source happened to be a fake. Despite swift retraction of the article, apology published and the following resignation of three veteran journalists, the image of the cable news network has been greatly tarnished.
True, CNN imposed new rules on the stories regarding Russia but it will hardly repair the damage done. The network was on track for record profit of more than $1 billion in 2017. It has been expanding investigative teams while vigorously attacking the US president to be ultimately caught in an anti-Trump trap. “I would encourage everyone in this room and, frankly, everyone across the country, to take a look at it,” Deputy Press Secretary Sarah Huckabee Sanders said. “I think if it is accurate, I think it’s a disgrace to all of media, to all of journalism.”
In early January President Donald Trump called CNN “fake news”. The White House refused to send its spokespeople or surrogates onto CNN shows, accusing the network’s reporters of publishing highly-damaging and unverified accusations about the president’s behavior in Russia. Some people believed it was not a smart move because leading news networks, like CNN, have become powerful enough to make politicians, including presidents, do their best to avoid quarrels. It is widely believed that politicians come and go, but media outlets remain. Looks like CNN is on the way to become an exclusion from this rule.
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