When TechCrunch founder Michael Arrington lowered the bar for journalistic integrity by announcing that he would begin investing in companies he reported on, he assured the tech community that "this will all be fine."
Apparently, he spoke too soon. Arrington was incredibly confident in his declaration that although investing in companies he covered was a conflict of interest, there wouldn't be a problem as long as he disclosed what he was doing. He went so far as to say that "other tech press will make hay out of this because they don't like the fact that we are, simply, a lot better than them."
This did nothing to neutralize the criticism.
Read the full story at The Atlantic Wire.