Shitty Deal on the “Shitty Deal”

Hmmm.

The New York Times seemed to have skipped it entirely, as did The Wall Street Journal. The Associated Press placed asterisks for letters between s and y. But television news organizations including C-SPAN didn’t bleep it out during yesterday’s proceedings. And Bloomberg News placed it prominently in the first paragraph of one story.

Senator Carl Levin, presiding over testimony from Goldman Sachs Group Inc.’s sale of some mortgage-related investments, chose to describe the transaction — borrowing words from a Goldman executive’s email — “a shitty deal”. The profanity probably caught some news organizations scrambling for compliance with regulators on banned words. But I’m sure the Federal Communications Commission will turn a blind eye to the Senator’s multiple utterances of the s-word.

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