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Posts Tagged ‘bad news’

Bad News: Negative Headlines Get Much More Attention

negative-newspaper-headlines

That news mantra “If it bleeds, it leads” is all our fault.

People who are in the news business, as well as hacks-turned-flacks like yours truly, understand this unfortunate aspect of consumer cravings. People who just watch, read or listen to the news hate this.

The ironic thing is, according to this telling study by Outbrain, it’s all their fault. In short, negative headlines get more attention — much more — than positive headlines. Find out how after the jump…

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Is Libor-gate Another PR Headache for Chase?

JP Morgan Chase‘s team was supposed to represent the good guys—the Jamie Dimon-led superbank was one of the few financial institutions to emerge from 2008’s economic collapse relatively unscathed in the court of public opinion. But the news hasn’t been good for Dimon lately, and it might get much worse very soon.

This week, Bloomberg Businessweek reported that Chase was among seven big banks subpoenaed by the Attorney Generals of New York and Connecticut to testify regarding the ongoing Libor rate-fixing scandal. One thing has become very clear over the past few weeks: The worst offenders in this case are not all based in London. This subpoena strongly implies that the AG’s suspect that top traders at America’s biggest banks were actively involved in the conspiracy.

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