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 […]
Fox Biz prepares FOI lawsuit vs. SEC
TALKING BIZ NEWS EXCLUSIVE Fox Business Network is expected to file a lawsuit this afternoon against the Securities and Exchange Commission for failure to respond to Freedom of Information Act request. The initial request to the SEC, filed on Feb. 26, 2009, sought all records relating to information that the SEC received regarding the potential violations […]
Watchdog group begins CNBC campaign
The media watchdog group Media Matters for America has begun a campaign to force business news network CNBC to be tougher in its Wall Street coverage, according to an Associated Press story. The story states, “The liberal media watchdog Media Matters for America and some economists are behind the effort, launched Monday. They’re asking CNBC […]
WSJ reporters wish they had been called to respond to Bear book
Leon Neyfakh of the New York Observer writes Monday that comments attributed to the former Bear Stearns CEO in a new book by William D. Cohan about Wall Street Journal reporters have the journalists and their paper upset. Neyfakh writes, “Ms. Kelly and Mr. Siconolfi were surprised to read Mr. Cayne’s remarks. Why hadn’t Mr. […]
