Krugman next in line for Pulitzer?
Now that New York Times columnist Paul Krugman has won a Nobel Prize in economics, David Warsh of Economicprinicipals.com wonders when he will win a Pulitzer for his commentary. Washington Post business columnist Steve Pearlstein won a Pulitzer this year for commentary. Warsh writes, “Paul Samuelson last week told Catherine Rampell of the Times, ‘I […]
Cramer’s difficulties in a turbulent market
David Carr of the New York Times writes for Monday’s paper about CNBC “Mad Money” host Jim Cramer, who has encountered criticism during the economic turmoil but remains committed to his show. Carr writes, “As the markets performed another U-turn on Friday, the script for ‘Mad Money’ became a criss-cross of revisions. By the time […]
The biggest financial story that we'll ever have
David Folkenflik reports for National Public Radio how business news cable network CNBC has adjusted its coverage during the economic turmoil. Folkenflik writes, “In normal times, CNBC is hyper-focused on individual stocks. These aren’t normal times, and some stories just skate by these days. Reporters and anchors volunteered such topics as whether IBM or Hewlett-Packard […]
NYTimes columnist wins Nobel prize in economics
Paul Krugman, a Princeton University economics professor who also writes a column for the New York Times, has won the Nobel Prize for economics. Catherine Rampell of the Times writes, “Mr. Krugman received the award for his work on international trade and economic geography. In particular, the prize committee lauded his work for ‘having shown […]
Can Greenspan's wife be objective in covering the economy?
Brian Stelter of the New York Times writes for Monday’s paper about the ethical issues surrounding NBC’s Andrea Mitchell, who is married to former Federal Reserve Board chairman Alan Greenspan and has recently been reporting about the economy. Stelter notes that the Columbia Journalism Review has raised questions about whether Mitchell can be objective in […]
Buffett speaks at journalist's urging
In Steve Lohr‘s piece in the Monday New York Times that compares billionaire investor Warren Buffett to J.P. Morgan, he notes that it was journalist Charlie Rose who convinced Buffett to talk about his role in the bailout plan. Lohr writes, “Mr. Buffett still speaks to the press only occasionally, and he declined to be […]
Lehman CEO: I blame the media
Richard Fuld, the CEO of Lehman Brothers, the Wall Street investment bank that filed for bankruptcy court protection, blamed the business media for part of the company’s problems during Congressional testimony on Monday. New York Times reporters Ben White and Sharon Otterman wrote, “Perhaps with an eye on questions about his public statements, Mr. Fuld stated in prepared testimony […]
Writing the Wall Street turmoil book as the news event unfolds
Stephanie Smith of Women’s Wear Daily talked to Andrew Ross Sorkin of the New York Times about his plans to write a book on the current Wall Street turmoil. Smith writes, “In Sorkin’s case, he admits ‘the hardest part about this book is to figure out where the story begins and where it ends. It’s […]
WSJ ME named one of New York's 25 "New Influentials"
Crain’s New York has named Robert Thomson, the managing editor of The Wall Street Journal, as one of the city’s 25 “New Influentials” as the paper tries to compete more directly with the New York Times. Andrew Marks writes, “‘The notion that the Journal can compete with the Times as a general– interest newspaper is […]
Always ask the dumb question
David Carr of the New York Times writes for Monday’s paper that there were a few business journalists, like Alex Blumberg and Adam Davidson of public radio, asking the dumb question of why banks were lending money to people who couldn’t repay the loans before the market crashed. Carr writes, Blumberg “decided to do the story […]
