New SEC regs on exec comp won't help, says Toledo Blade editorial
Anytime a daily newspaper other than the Wall Street Journal bothers to write an editorial about a proposed Securities and Exchange Commission regulation, it’s time to stand up and notice. The Toledo Blade on Friday wrote an editorial criticizing the new SEC proposal requiring companies to disclose executive compensation perks. The Blade editorial reads in […]
Interactive SEC filings coming soon
SEC Chairman Christopher Cox gave a speech last week in which he said that interactive SEC filings in which the data could be manipulated and searches could be easier are just months away, according to a column in the Baltimore Sun by Jay Hancock. Hancock wrote: “Cox wants the financial reports that corporations file with […]
Naked shorts using business journalism for hysteria
That’s the opinion of former BusinessWeek investigative reporter Gary Weiss, whose book “Wall Street versus America” is about to come out. He argues in a post on his blog that the anti-naked shorts such as Overstock.com President Patrick Byrne make accusations about the business journalism media to support their theory that naked shorting is bad. […]
Criticizing the Boston Globe's labor coverage
This blogger is criticizing a story in this morning’s Boston Globe, calling its labor reporting “Propaganda, not news.” He posts a story from this morning’s Globe about rampant absenteeism among the city’s transporation workers, and then inserts comments throughout the story about the coverage, which he obviously thinks is anti-labor. I’ve said it before and […]
Does daily market coverage make any sense?
Jack Naudi, a business columnist with the St. Louis Post-Dispatch, doesn’t think so. In his column this morning, he writes: “I had an interesting discussion recently with a reader who is convinced that when the Dow hits any number with three zeroes at the end, investors should pay attention. “But reaching round numbers isn’t all. […]
Criticizing the NYT's Floyd Norris
CFO Magazine’s Ronald Fink criticized part of Floyd Norris’ column in this morning’s New York Times on his blog called Ron’s Rant. Fink, the magazine’s deputy editor, writes: “The usually dependable New York Times business reporter Floyd Norris commits the same error in his column today that I did a few months ago while researching […]
Jack and Suzy Welch start a BusinessWeek column
Former General Electric Co. CEO Jack Welch and his wife Suzy, former editor of the Harvard Business Review, have begun writing a column in BusinessWeek dispensing managing advice. One of the questions being tackled in the first column, in the Jan. 30 edition on newsstands today, came from a recently promoted senior executive, Welch said […]
Writer alleges former CEO paid her for articles
I have hesitated in posting anything about this because I don’t think that any business journalist would ever accept money from an executive. But I guess you never say never. Reports from the Associated Press on Thursday and the New York Times on Friday state that a writer for the Birmingham Times, a black newspaper, […]
Gary Weiss on the relationship between the media and Wall Street
Gary Weiss is a long-time business journalist who worked for Barron’s and then later BusinessWeek. (Disclosure: Gary was at BW during my tenure there, but we never worked together on any stories.) He has a new book out called “Wall Street versus America: The Rampant Greed and Dishonesty that Imperil your Investments.” On his blog […]
Journalism values at Dow Jones
James Gross, who writes the “Moneyboxâ€? column for Slate and contributes to the “Economic Viewâ€? column of the New York Times, argues on his a Moneyblog web site that a change in the board members at Dow Jones might be as important as the recent change in CEOs at the company. Gross writes: “This can’t […]
