Website Labeled ‘Fake News’ Threatens to Sue WaPo for Defamation

One of the websites The Washington Post labeled “fake news” in a November story demanded a retraction and threatened the paper with a defamation lawsuit in a demand letter Sunday.

A lawyer for Naked Capitalism accuses WaPo of running a debunked list of “fake news” sites in the “sensational” story compiled by a dubious team of researchers, without substantiating their claims or giving Naked Capitalism a chance to respond to the allegation. The Washington Post’s actions constitute defamation, the lawyer writes in the letter published Monday.

“You did not provide even a single example of ‘fake news’ allegedly distributed or promoted by Naked Capitalism or indeed any of the 200 sites on the PropOrNot blacklist,” James A. Moody writes. “You provided no discussion or assessment of the credentials or backgrounds of these so-called ‘researchers’ (Clint Watts, Andrew Weisburd, and J.M. Berger and the ‘team’ at PropOrNot), and no discussion or analysis of the methodology, protocol or algorithms such ‘researchers’ may or may not have followed.”

Naked Capitalism is a finance and economics blog started in December 2006, with a stated goal of “shedding light on the dark and seamy corners of finance.”

Moody demands a retraction of the story and a public apology from WaPo in the letter, threatening a suit if the paper does not comply. He lists a series of damages to the site itself, as well as the writers and editors associated with the site;…

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