The business journalist who beat the Federal Reserve
Here is a video remembrance of Mark Pittman of Bloomberg News, who in May 2008 asked for the documents from the Federal Reserve Bank as to what banks had received money from it during the economic crisis. Pittman died in November 2009 before the courts ruled that the Fed should release the documents. Those documents […]
Mark Pittman would have loved today
Heather Landy of American Banker writes Thursday about Mark Pittman, the Bloomberg News reporter who had the idea of asking the Federal Reserve Board to release the documents that showed which banks had borrowed money during the financial crisis. Pittman died prematurely in November 2009 after initial requesting the documents in May 2008. Bloomberg continued […]
Bloomberg Television's "Game Changers" boosts website clicks
Joe Pompeo of Yahoo News writes Thursday about “Game Changers,” a show that launched earlier this year on Bloomberg Television. Pompeo writes, “With ‘Game Changers,’ Bloomberg TV has attempted to broaden its reach in the evening, well after the crowd of financial professionals who watch the network’s dayside programming have left their offices and trading-room […]
Bloomberg Television’s “Game Changers” boosts website clicks
Joe Pompeo of Yahoo News writes Thursday about “Game Changers,” a show that launched earlier this year on Bloomberg Television. Pompeo writes, “With ‘Game Changers,’ Bloomberg TV has attempted to broaden its reach in the evening, well after the crowd of financial professionals who watch the network’s dayside programming have left their offices and trading-room […]
Covering a story that may, or may not, be fake
Terry Maxon, the airlines reporter for the Dallas Morning News, writes about how the paper handled the story of a mysterious bidder offering to purchase all of the shares of the parent of American Airlines and take it private. Maxon writes, “A few hours after it got the letter Tuesday, AMR said ‘we have no […]
Fed releases documents to biz media
The Federal Reserve released thousands of pages of secret loan documents under court order, almost three years after Bloomberg LP first requested details of the central bank’s support to banks during the financial crisis, reports Craig Torres of Bloomberg News. Torres writes, “The Fed was forced to make the disclosures after the U.S. Supreme Court […]
Fox Business Network vs. CNBC in daily ratings
Bill Gorman of TVbytheNumbers.com has ratings data for Fox Business Network and CNBC that shows how they performed on Tuesday. Fox Business announced last week that it would be rated publicly by Nielsen for the first time. The numbers show that for the day, CNBC had an audience of 169,000 viewers while the three-and-a-half-year-old Fox […]
Kiplinger family wants to turn Florida property into industrial park
The Kiplinger family that operates Kiplinger’s Personal Finance and other publications wants to develop a piece of property it owns in South Florida into an industrial park for biotech and aviation companies. George Andreassi of the Scripps newspaper in Stuart, Fla., writes, “The Kiplinger team anticipates submitting a formal master site plan application in three […]
AP names new financial markets editor
Associated Press business editor Hal Ritter made the following staff announcement on Wednesday: In four weeks, Jennifer Merritt will join us as financial markets team leader, filling a job that has been vacant since Joyce Rosenberg became Money & Markets editor. Jennifer has spent the past 3 1/2 years at Dow Jones, most recently as […]
A business reporter on deadline
Rodney Ho of the Atlanta Journal-Constitution took this photo of Rachel Tobin, the paper’s commercial real estate reporter, as she writes a story in the newsroom Wednesday afternoon.