Nocera regrets error in NYT column on Buffett
New York Times columnist Joe Nocera appended the following to his column on Tuesday: My column of April 29, entitled “Buffett Bites Back,” was based on a faulty premise. Having written a previous column criticizing Warren Buffett for abstaining from voting against Coca-Cola’s equity compensation plan even though he said it was excessive, I picked […]
NYT’s public editor slams Nocera column on Buffett
Margaret Sullivan, the public editor at the New York Times, is critical of columnist Joe Nocera for his recent writing about billionaire investor Warren Buffett. Sullivan writes, “It’s understood that nobody needs to feel sorry for Mr. Buffett, one of the world’s wealthiest people, nor does he suggest anything of the kind. ‘I’ve got more […]
Fortune journalist offered shares in IPO
Adam Lashinsky, senior editor at large at Fortune, writes about how a tech company has offered him shares in its upcoming initial public offering. Lashinsky writes, “I was surprised but not completely flabbergasted by the phone call I received a few weeks ago. A representative of Arista Networks, a networking company I’ve written about recently, […]
The folly of the financial press
John Crudele of the New York Post writes about the problem with the financial press, especially television networks, today. Crudele writes, “The problem with TV is this: These stations have a load of time to fill. And they couldn’t possibly fill 18 hours a day of programming without calling upon Wall Street “experts” to give […]
Bloomberg defends Bloomberg’s journalism in China
Bloomberg LP founder Michael Bloomberg was interviewed Friday on CNBC by Andrew Ross Sorkin and defended the work of Bloomberg News in the wake of accusations that it has caved into Chinese government pressure by not posting stories critical of government officials. Here is an excerpt: SORKIN: Over the past year there have been questions […]
Fallows: Time for Bloomberg to answer questions about China
James Fallows of The Atlantic writes Thursday that Bloomberg News needs to begin answering the questions surrounding its decision to scuttle controversial stories in China. Fallows writes, “Here is the problem Bloomberg is creating for itself by refusing to engage discussion of this issue. The company is full of first-rate reporters and editors, including a […]
Bloomberg’s folly in China
Howard French, a professor at the Columbia University Graduate School of Journalism, writes about how business interests overpowered journalism interests in China when it came to Bloomberg News and its investigative reporting. French writes, “Although there are minor differences in details given by three people who were close to the situation inside Bloomberg, the gist […]
Why Business Insider reporters travel gets paid by others
Lucia Moses of Digiday writes about how Business Insider reporters have sometimes traveled to report stories and have had their travel expenses covered by others. Moses writes, “BI has published at least three stories in the past year that included a disclosure that a source paid expenses related to the coverage. A story by Steve Kovach […]
NYTimes’ Sorkin: I am not a Wall Street Insider
New York Times public editor Margaret Sullivan writes about when journalists are considering “insiders,” including Andrew Ross Sorkin. Sullivan writes, “The author Dean Starkman draws a distinction between two kinds of journalism: access and accountability. In his new book about the failure of the financial press before the 2008 meltdown, ‘The Watchdog That Didn’t Bark,’ […]
Ex-Bloomberg editor Richardson says company tried to muzzle him
Ben Richardson, the editor at large at Bloomberg News who resigned earlier this month due to the company’s spiking of investigative stories in China, says the company has tried to keep him from talking about the issue. Richardson spoke in an interview with Ellen Killoran of the International Business Times. Here is an excerpt: IBT: […]
