The ex-Barron's reporter who wrote about Madoff
Jon Friedman of Marketwatch writes Friday about former Barron’s reporter Erin Arvedlund, who has recently published a book on convicted investor Bernie Madoff. Friedman writes, “In her book, Arvedlund is shying away from the sociological implications of the scandal and concentrating on explaining to readers how Madoff turned his once-legitimate business into a huge fraud. […]
An opinonated voice at Barron's
Damien Hoffman of Wall Street Cheat Sheet interviewed Barron’s senior editor Michael Santoli about his writing career and how he develops his columns in the weekly business newspaper. Here is an excerpt: Damien: What is it like having gone from a beat reporter to basically batting cleanup behind Alan Abelson and having that great Feature […]
Biz journalist writing Paulson memoir
Heidi Moore of New York magazine reports that Michael Carroll, the former editor of Institutional Investor magazine, is “co-writing” the autobiography of former Goldman Sachs head and Treasury secretary Hank Paulson. Moore writes, “Carroll — whose co-workers consistently describe him as hard as nails, highly intellectual, meticulous in his reporting, stubborn, dogged, and a perfectionist […]
Imus will increase business content
Ron Haruni of Wall Street Pit reports that the rumored move of radio show host Don Imus to Fox Business Network would mean that Imus would increase his business news content. Haruni writes, “Imus is known for interviewing business leaders, politicians and news heavyweights – and since September, he’s been covering the financial crisis at […]
The Madoff books are coming
Jeffrey Trachtenberg of The Wall Street Journal takes a look at the books about disgraced money manager Bernard Madoff coming out in the next year. Trachtenberg writes, “Portfolio, an imprint of Pearson PLC’s Penguin Group (USA), said Monday it has pushed up the publication of Erin Arvedlund’s ‘Too Good to Be True: The Rise and […]
NYSE extends trading by 15 minutes
The New York Stock Exchange decided to close at 4:15 p.m. on Thursday after system irregularities were found in the trading. This was big news among the television-based business news providers, whose shows are timed to the 4 p.m. market close. So, who had it first? We saw Fox Business Network reporting at 3:53 p.m., […]
Working the stock market beat
Cara Buckley of the New York Times interviews Matt Egan, who covers the stock market for Fox Business Network, about his job. Here is an excerpt: Landing at Fox: Ray Hennessey, the director of business news, went to my college, and also wrote for The Trenton Times. I kind of went to the interview not […]
Expert: Nightly news more nimble than cable in covering financial crisis
Dirk Smillie of Forbes interviews primetime news tracker Andrew Tyndall, who believes that the nightly network news programs did a better job of covering the economic crisis than the cable channels. Here is an excerpt: What’s wrong with cable channels focusing more on politics and opinion? Here’s an example: cable channels were obsessed with last […]
Verbs and the stock market
New York Times business editor Larry Ingrassia responded to a reader’s question about how the paper decided how to characterize moves in the stock market. Ingrassia writes, “But there is no easy definition when it comes to crash, either. When the Dow Jones Industrial Average, uh, went down 22.6 percent on Oct. 19, 1987 — […]
WSJ reporter Kelly talks about her Bear Stearns book
TALKING BIZ NEWS EXCLUSIVE Wall Street Journal reporter Kate Kelly‘s book on the fall of Bear Stearns & Co., called “Street Fighters,” was released on Monday. In the book, Kelly describes the behind-the-scenes negotiations that occurred by Bear, the federal government and bidders for the company that ended up with it being sold to J.P. […]
