Has financial media declared war on America?
I discovered an interesting blog today written by a 24-year-old named Steve Petersen, who lives in Utah. He recently wrote a commentary about the financial media, and an excerpt is below. Petersen wrote, “This is why the economy tanking is great news for investors, but it is not necessarily welcome news for the rest of […]
CNBC's Fast Money brings smack back to network
The New York Times’ Elizabeth Jensen wrote Monday about how CNBC is trying a show called “Fast Money” hosted by former Bloomberg reporter Dylan Ratigan that brings out some of the issues with broadcast business journalism that hurt the network’s reputation after the dot-com bubble burst. Jensen wrote, “Later shows like the successful ‘Mad Money’ […]
Fuchs: Why do we write about Pink Sheet companies?
TheStreet.com columnist Marek Fuchs wonders why financial journalists continue to write about companies whose stock is traded on the bulletin boards. However, he pointed out three recent examples of such stories that were good financial journalism. Fuchs wrote, “Admittedly, the temptation to buy a Pink Sheet stock is sometimes great, especially because Pink Sheet companies, […]
Investigator tailed WSJ reporter before doing H-P work
A private investigator tailed a Wall Street Journal reporter to find out about a leak to the reporter from a Big Five accounting firm, according to an e-mail that became public record as part of the congressional hearings Thursday into Hewlett-Packard’s investigation to discover leaks at the computer company, the Wall Street Journal reported Friday. […]
Cramer makes investing look too easy
An article in Kiplinger’s Personal Fianance about “Mad Money” show host Jim Cramer argues that the former hedge fund manager is making investing look too simplistic and easy to the average person.Andrew Feinberg wrote, “At any rate, Cramer’s detractors have trouble acknowledging his fabulous long-term record, as if being too much of a clown prohibits […]
Real estate downturn is not media's fault
Orange County Register business columnist Jon Lansner, the former SABEW president, responded in his Wednesday column to the readers who believe that it is the media’s fault that real estate prices are beginning to fall. Lansner wrote, “Gary Watts, the Orange County industry’s widely watched forecaster, cites news coverage as a major, depressing market force […]
Cincy biz reporter and a local company
One of the rules of business journalism for companies should be: “Be careful what you ask for, you might get the opposite.” Cincinnati Enquirer senior business reporter James McNair was the target of a full-page ad in the Enquirer on Monday, Sept. 11 from Berkeley Premium Nutraceuticals, the company that manufacturers the erection-enlargement pill, Enzyte […]
Sarasota readers upset with real estate coverage
Some readers of the Sarasota Herald-Tribune, a New York Times paper, are upset with its coverage of the local real estate market, reported reader representative Jay Handelman. Handelman wrote, “Tuesday’s front page story and the headline “Housing prices are cooling off” heated up several readers, who called to complain. “One woman said that we were […]
Do H-P reporters lose their objectivity?
A story in Investor’s Business Daily on Tuesday wonders if the reporters covering computer company Hewlett-Packard have lost their objectivity in covering the company in the wake of revelations that H-P obtained phone records of reporters and thought about spying on some of them. Christine Tatum, assistant business editor of the Denver Post and president […]
CNet, Kawamoto in spotlight
The New York Times profiled technology industry news site CNet and its reporter Dawn Kawamoto, who was spied upon by computer company Hewlett-Packard after a story she wrote earlier this year. Laurie Flynn wrote, “More recently, Ms. Kawamoto learned that private detectives hired by H.P. had been following her, even taking photos. When she took […]
