Ed Driscoll

Slim’s Shady NYT Coverage

We already know about the JournoList, and the Obama administration emailing MSNBC to “correct” them mid-show. And the Washington Post’s then-ombudsman admitted immediately after the 2008 election how deeply in the tank her paper was (and is) for the then-president elect. Now a new article at the Washington Beacon notes that the New York Times’ angel investor dropped by the Obama White House this week for a chat, which his admittedly liberal paper “unexpectedly” chose not to disclose:

The world’s richest man quietly slipped into Washington, D.C., this week for a series of powwows with top Obama administration officials – but you would not know it if you read the New York Times.

Univision’s Jordan Fabian reports that Mexican billionaire Carlos Slim held a series of closed-door meetings with senior Obama officials such as Homeland Security Secretary Janet Napolitano and U.S. Trade Representative Ron Kirk.

Slim is worth an estimated $63 billion, and owns more than seven percent of the New York Times Company – though the eponymous newspaper of record didn’t deem it necessary to report on its partial owners’ D.C. trip. (Slim also loaned the Times $250 million last year, which earned him warrants to bump his holding in the company to nearly 16 percent.)

Often referred to as “Mexico’s Mr. Monopoly,” Slim has been accused of employing mafia-esque tactics to retain control of his 70 percent stake in the country’s telecom industry. Last week, the Organization for Economic Cooperation and Development accused Slim’s telecommunications companies of overcharging customers and stymieing economic growth in Mexico.

Overcharging customers and stymieing economic growth? No wonder he feels so close to Mr. Obama.