Why Seeking Alpha is great for investors but uncomfortable for PR people
Editor’s note: We asked David Jackson, the founder and CEO of SeekingAlpha.com, to respond to a post last month from our PR curmudgeon Frankie Flack. Here is his response. Investor relations and corporate public relations used to be straightforward, because companies could largely manage their own news coverage. The recipe: (1) build relationships with analysts […]
Frankie Flack: Pack journalism invades business journalism
So last month, I was taking a short mental health break (flacking, believe it or not, can be draining at times), and I ran across a weird little story at Gizmodo about a company that will take your ultrasound and, using 3-D printing, create a life-size replica of your fetus. The story wasn’t, strictly speaking, […]
Subtle change at WSJ editorial board
David Warsh of Economic Principals writes about what he perceives to be a subtle change on The Wall Street Journal‘s editorial board. Warsh writes, “I mention it here because a change took place last week in the WSJ department in which Murdoch may have an interest in changing things somewhat in the orientation of its […]
Easier to fawn over tech CEOs than write hard news
Eric Bovim writes for Salon about why we’re seeing the beginnings of another tech bubble and how financial journalists are contributing to the problem. Bovim writes, “Many in today’s financial press are doing a fine job as present-day pasticheurs of dot-com era vanity. But why? Why their reluctance to deliver real, incisive business journalism? Why […]
Why we need muckrakers today
Michael Calderone of The Huffington Post writes about the need of muckraking journalism today to let the world know about income inequality. Calderone writes, “Starkman gives high marks to Michael Hudson, now a senior editor at the International Consortium of Investigative Journalists, and The Financial Times’ Gillian Tett, for raising concerns about the subprime market […]
Frankie Flack: Why commentary is killing business journalism
So last week, the Washington Post’s Ezra Klein, wunderkid (apparently, when writing about Ezra, there is a rule you must use the term “wunderkid”), walked away from the newspaper to create his own digital property. But Ezra is hardly an original; his departure lagged that of Walter Mossberg‘s decision to flee the confines of The […]
The financial media and the stock bubble
Dwight Cass writes on Fortune.com about how the financial news media are currently analyzing the stock market’s current conditions. Cass writes, “Skepticism about the sustainability of the remarkable 2013 bull run even has made a welcome appearance in the mainstream business press’s financial blogs. But to give investors the tools they need to understand the […]
Tech stocks rise due to weak financial journalism
Tech stocks have returned to bubble levels, thanks to PR, weak financial journalism and cheap credit, writes noted financial journalist David Cay Johnston. Johnston writes, “These sky-high valuations get little skeptical coverage in the financial press, which has acted more as lapdog than watchdog in the past decade. Instead of barking warnings, many Wall Street […]
Bloomberg View has failed to spark debate
Laura Bennett of The New Republic writes about Bloomberg View, the commentary arm of Bloomberg L.P. Bennett writes, “But nearly three years into its existence, despite its lofty mission and its gallery of bigwigs, View has largely failed to spark debate among the cultural elite or usurp the clout of The New York Times’ op-ed […]
The Financial Follies from a PR perspective
The 71st annual Financial Follies (“The Follies”) was held last Friday at the Marriott Marquis in Times Square and hosted by the New York Financial Writers’ Association. The Follies is an event where reporters and public relations professionals alike engage in respectable behavior and generally call it a night after their second drink. I’d been […]
