Excellence in financial writing awards named in New York
The New York Financial Writers Association and the New York State Society of Certified Professional Accountants announced Tuesday the winners of the Excellence in Financial Journalism Awards, with the winners including journalists from Bloomberg News, Forbes and Crain’s New York Business. The winners received their awards at the Yale Club in Manhattan. Here are some […]
Fed asks court to reconsider ruling to release documents
The Federal Reserve Board asked a federal appeals court Monday to reconsider a ruling that ordered it to disclose documents related to borrowing from its discount window and other ‘last resort’ lending programs. Brent Kendall of Dow Jones Newswires writes, “In separate rulings in March, the New York-based 2nd U.S. Circuit Court of Appeals upheld […]
Buffett and the business media
Peter Cohan writes on DailyFinance.com about how billionaire Warren Buffett manipulates the business press so easily. Cohan writes, “In addition to having Fortune‘s blessing (as evidenced in part by Loomis’s editing his annual report), Buffett spent time conducting off-the-record interviews with reporters. Lewis reported that this led to a media kerfuffle after Nov. 8, 1991, […]
Assessing the Goldman coverage
Marketwatch.com media columnist Jon Friedman writes Wednesday about how the media are performing covering the fraud charges against Goldman Sachs & Co. Friedman writes, “The Goldman story is a test for the media. There is plenty of speculation about such pertinent issues as the firm’s financial prospects, the future of Goldman Chairman and Chief Executive […]
WSJ senior editor blasts hedge fund manager, Dealbreaker site
Wall Street Journal senior editor Mike Siconolfi responded to a hedge fund manager David Einhorn’s letter to his investors criticizing a recent article about hedge funds, and the Dealbreaker site that posted his comments by slamming both. Jessica Pressler of New York magazine writes that Siconolfi responded, “Mr. Einhorn’s complaints, made two months after the […]
NYPost biz reporter faces lawsuit
A New York-based company that manufactures soap-filled sponges filed a lawsuit in New York State court Thursday claiming it was the target of a “short and distort” stock market manipulation scheme that involves a New York Post business reporter. HedgeFund.net reporter Paula Schaap writes, “SpongeTech claims the scheme was concocted by Post business reporter Kaja […]
Bloomberg TV's coverage of the Goldman Sachs story
Betty Liu, an anchor at Bloomberg Television, talked with Benzinga.com’s Bud Fox about how the network has covered the Goldman Sachs fraud charges. Here is an excerpt: Q: Based on your talks with Wall Street experts, did this story come out of nowhere? Did anyone see this coming? A: No, it most definitely didn’t come […]
Overseas Press Club hands out business reporting awards
The Overseas Press Club has awarded the New York Times and Vanity Fair its awards for international business reporting. Michael Lewis won the Morton Frank Award for business reporting from abroad in magazines for “Wall Street on the Tundra” in Vanity Fair. Judges said the article was “a richly reported and engaging account of Iceland’s […]
The decline of WSJ's M&A coverage
Yvette Kantrow, executive editor of The Deal, writes Wednesday that The Wall Street Journal‘s coverage of mergers and acquisitions is not what it used to be — and won’t be in the future if deals heat up. Kantrow writes, “Dennis Berman‘s allegedly biweekly column, ‘The Game,’ hadn’t appeared for an entire month before resurfacing on […]
Fox Business expands document request
Fox Business Network has expanded its quest for documents from the Federal Reserve in order to shed light on which financial firms borrowed funds during the financial crisis, writes Adam Shapiro of FoxBusiness.com. Shapiro writes, “The network filed its new suit this afternoon in New York requesting documents from the Federal Reserve Board of Governors […]
