That’s not just when it comes to sex and politics. It includes members of the financial fraternity.
One example: When Madoff said he made off with $65 billion and was subsequently convicted of fraud, his case pointed out a problem in the financial media.
Investigators believe the total sum involved was actually closer to $17 Billion. The sensationalist media continues to pick up the $65 billion number because it suits their needs.
Other exaggeration often has to do with the ongoing moods and sentiments of the markets.(See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
