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The N&O’s Wachovia interview: heavy on predictions, light on context

The News & Observer ran a one-source news story in today’s business section that reported on a meeting between “executives and journalists” at the paper and Mark Vitner, a Wachovia economist. The piece essentially consisted of Vitner’s prediction that the recession would last until mid-2009 (really?), and his admission that banks “fishtailed a little bit” […]