Know Your Enemy

"The Telegraph’s recent coverage of HSBC amounts to a form of fraud on its readers. It has been placing what it perceives to be the interests of a major international bank above its duty to bring the news to Telegraph readers. There is only one word to describe this situation: terrible."

Peter Oborne opens the lid on the circumstances surrounding his departure from the Telegraph and in the process delivers a withering verdict on his former employers.

While Oborne's comments about the broad appeal of the paper should be taken with a pinch of salt, he should certainly be applauded for standing up for his principles and resigning as a result of both rapidly declining standards under the Barclay brothers' stewardship and, more significantly and troublingly, the fact that anxieties over advertising revenue now appear to be dictating editorial policy. He's not alone in his concerns, either.

(Thanks to Simon for the link.)