OLD Media Moves

Does BusinessWeek need market coverage?

September 10, 2006

Former BusinessWeek reporter Gary Weiss, author of “Wall Street vs. America,” noted on his blog that there is no market coverage in the latest issue of the magazine and no stories about Wall Street.

BusinessWeekHe wonders if this is a conscious decision, and what that means.

Weiss wrote, “Sometime around 2001 the anti-market-story forces won out because of a change of editors. This was a popular decision — I certainly liked it — but I always had doubts that it was a correct one. I’m even less sure it today, having picked up the latest issue of BW and noticed that not only were there no articles about the markets, but no articles about Wall Street or financial services at all. No ‘Finance’ section.

“There could be any number of reasons for that, and of course some major Manhattan Project — requiring the labors of all — may be in the works. I just hope it doesn’t mean that BW isn’t further racheting down on market coverage. Mind you, I’m not sure why I feel that way, since I don’t work there any more.

“Guess I’m just saddened by some of the changes I see at my old alma mater.”

Read more here.

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