So supposedly Cox didn't authorize the subpoenas and Romenesko reports a claim that Cox, in fact, stands up for investigative journalism.
Why would he? To be honest, I wouldn't know. And that would be a great suprise, considering we know how business-goers usually do, well, business. What an nice idea that would be - the SEC discouraging searches of the financial press. I'd think they'd be all over it if it meant getting credit for busting the "alleged" stock fraud involving Overstock.com.
I highly doubt this happened without Cox knowing about it. I don't trust government officials. This is just another way for the government to sidetrack journalists from investigating its role in the situation - by praising investigative journalism and pointing everyone in another direction through a pseudo-event.
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