Can financial journalism be fixed?

Robert Teitelman, the editor of The Deal, reponds Wednesday to a speech at Yale University given by Financial Times editor Lionel Barber about the failings of business journalism, wondering if those issues are actually solvable. Teitelman writes, “I’m skeptical, not because we won’t learn from this crisis, but in an odd way, because we will. […]

The "smart" guys on business TV

Nicholas Rowell writes in The Financial Times about the differences in business journalism on TV between Europe and the United States, and a YouTube business news sensation. Rowell writes, “Yet business TV has always had rough edges. The standard formula for reporters on screen has long been two-thirds smooth, one-third rough. Among national markets reporters […]

ProPublica launches site tracking bailout

ProPublica, the non-profit journalism watchdog group led by former Wall Street Journal managing editor Paul Steiger, has launched a site called “Eye on the Bailout” to track the government’s spending designed to keep the financial industry from collapsing. Paul Kiel, a reporter for ProPublica, writes, “We’ve been working hard over the past six months to […]

Panel assessing financial journalism to be held in NYC next week

The New York Financial Writers Association is sponsoring a panel discussion on “Financial Journalism Under Fire:  Did We Do Our Job?” on Tuesday, April 21, at 7:30 p.m. at the CUNY Graduate School of Journalism, 219 West 40th Street, 3rd Floor.  The panel will be moderated by Myron Kandel, CNN founding financial editor.  Panelists include:  Jon […]

Financial news now front and center

Jim Impoco, a former editor of the New York Times Sunday business section, writes about how financial news has inreasing importance given the current economic crisis. Impoco writes, “Despite the dramatic rise in stock ownership among ordinary Americans through 401(k) plans and electronic trading, financial news has remained, at best, an afterthought for most general-interest […]

Roubini and Cramer share words

Bear economist Nouriel Roubini criticized CNBC “Mad Money” host Jim Cramer, who rang the opening bell of the New York Stock Exchange on Wednesday, for predicting bull markets. Rob Gillies of the Associated Press writes, “‘Cramer is a buffoon,’ said Roubini, a New York University economics professor often called Dr. Doom. ‘He was one of those […]

Biz journalism to blame for lack of knowledge about business world

Arthur Alpert, who used to work at the Financial News Network and CNBC, writes in the New Mexico Independent that the lack of understanding about the business world by consumers if the fault of the financial press. Albert writes, “While all journalism is fallible, financial news presents special difficulties because its subject matter is arcane. […]

Twin Cities radio station switches to all-business format

Sam Black of the Minneapolis/St. Paul Business Journal reports that local radio station KYCR is switching its format to all business news. Black reports, “The station, which relies heavily on nationally syndicated programming, will go by the name Business1570, according to a press release from station owner Camarillo, Calif.-based Salem Communications Corp. “According to the […]

NYTimes files suit against Fed, Treasury

Ryan Chittum of the Columbia Journalism Review reports that the New York Times is the latest media outlet to sue the federal government for being slow to respond to a Freedom of Information request for documents related to the Wall Street bailout. Chittum reports, “The paper’s Jo Becker and Tim O’Brien filed suit this week […]

Why Zucker was wrong, and CNBC deserves its criticism

Dan Solin writes on Huffington Post about the recent defense of CNBC by NBCU head Jeff Zucker and why Zucker is wrong and the business news network still deserves the criticism of being a Wall Street cheerleader. Solin writes, “But the balance of the programming on CNBC is much more insidious. It consists of an […]