The Wall Street Journal on the SEC's subpoenas
The Wall Street Journal wrote an editorial in Wednesday’s newspaper criticizing the SEC’s recent action to subpoena three journalists, including two — Marketwatch’s Herb Greenberg and Dow Jones Newswires’ Carol Remond — who work for the Journal’s parent company Dow Jones. The Journal writes: “As long as journalists at Dow Jones are honestly reporting what […]
An Oregonian editorial about Jim Cramer
The Oregonian, the daily newspaper in Portland, saw fit to editorialize about Jim Cramer and his “Mad Money” television show in this morning’s edition. They were, surprisingly, positive about Cramer and his position among the talking heads on TV. The editorial, titled “A big Booyah! to the crazy man of Wall Street,” stated: “Who would […]
Maria Bartiromo to begin radio show
A press release this morning notes: “Beginning May 1st, the host of ‘Closing Bell with Maria Bartiromo‘ on CNBC and host and managing editor of the nationally-syndicated program ‘The Wall Street Journal Report,’ will share insights on these topics and more in the weekday ‘Money Minute.’ “The personal-finance segment will be aired during morning-drive, and […]
The Washington Post on cutting stock listings
No, the Post is not announcing that it is cutting stock listings like the Chicago Tribune, Providence Journal, Newsday, Rocky Mountain News, Orlando Sentinel and other papers have in the past six weeeks. Reporter Steven Livingston covered the story from the angle of how newspapers are developing a print/web relationship. Livingston writes: “The Rocky Mountain […]
Evidence of the Ridder family management acumen
If you have been following events in journalism lately, then you know that the once-venerable Knight-Ridder newspaper chain is considering bids to sell the company — in whole or piecemeal — to bidders who have until later this month to submit their best offers. The new issue of the Columbia Journalism Review has an analysis […]
Is the business press fair game for the SEC?
CNBC commentator Charles Gasparino, who is a former Wall Street Journal reporter, wrote a commentary for Newsweek magazine on the recent actions of the SEC to subpoena business reporters as part of its investigation into an investment firm. Publicly, the SEC has backed off enforcing the subpoenas. Gasparino, however, concludes that is not the case […]
Byrne vs. Greenberg, Round Three
The ongoing war of words between Overstock.com President Patrick Byrne and MarketWatch.com columnist Herb Greenberg continued this morning on CNBC’s Squawk Box show shortly after 8 a.m. EST. To set the scene, Greenberg was in the studio as a guest commentator, while Byrne was in a San Francisco studio. As for background, what’s been going […]
Conde Nast biz magazine hires first writer
The New York Post reports this morning that the as-yet-unnamed Conde Nast business magazine that is about a year away from launching has hired its first writer. Keith Kelly writes: “Joanne Lipman, the editor-in-chief of the still-untitled Conde Nast business title that is still a year away from launch, is staffing up. She has just […]
Impact on financial reporters for ignoring subpoenas
Louis Victor is wondering about the effects on business journalists in response to the reporters who were subpoenaed by the SEC because he says they incorporate their opinions into what they write or state about companies. Victor writes: “If this weighs down the stock then who is to blame then, Overtstock.com or the financial reporters […]
TheStreet.com and Cramer were also subpoenaed
Mad Money host Jim Cramer disclosed Monday night that he received a subpoena from the SEC in relation to its investigation into a hedge fund. Online financial news site TheStreet.com, which Cramer helped found in the 1990s, also received a subpoena, according to an article on the Web site. The article noted: “Cramer, meanwhile, disclosed […]
