TALKING BIZ NEWS EXCLUSIVE
Francesco Guerrera, the editor of the Money & Investing section of The Wall Street Journal, sent out the following staff announcement on Thursday:
We’re pleased to announce that Kirsten Grind will be joining the Journal to cover asset-management firms and personal finance for the Money & Investing section. We plan to ramp up our coverage of BlackRock, Pimco, Vanguard, Fidelity and the industry’s other big players significantly in the coming months. Part Wall Street, part investing, the beat is teeming with interesting, well-paid subjects whose successes and failures affect the retirement plans and pensions of tens of millions of people around the world. Kirsten is perfect for the job. She joins us from American City Business Journals, where, most famously, she anchored the Puget Sound Business Journal’s coverage of Washington Mutual—work for which she was named a finalist for the Pulitzer Prize and the Loeb Award in 2010. Most impressively, Kirsten hadn’t written a single banking story before diving into that beat. Earlier in her career, Kirsten worked for the Seattle Times and the Coloradoan in Fort Collins, Colo.
In other staffing news, Joe Light has joined the personal-finance team to write about investing. Since March 2010, Joe has been a key member of the careers group, most recently helping to spearhead the excellent Generation Jobless series. Joe has also written about outsourcing job hunts to India, people whose names are eerily well-suited for their professions, and young adults dropping out of the labor force. Before coming to the Journal, Joe worked for Money magazine, covering investing and real estate.
Please join us in welcoming Kirsten to the Journal (she starts on Jan. 17), and in wishing Joe well in his important new assignment. Both will report to Rob Hunter.
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First off, this "author" couldn't even get the facts straight in her book, merely parroting what was passed down to her. Washington Mutual was seized to prop up JPM, period. And many within the current and last power structure had a hand in this rape.
Now that I see this sell-out writing for you, it's time to no longer pay any attention to your research or articles.
Bye bye...
Yes, Ticked, on this day when the ghost of $307,000,000,000 WaMu, purloined by JPM's Jamie Dimon in unhealthy, self-interested, secretive alliance with the FDIC's departed Sheila Bair, overseen by erstwhile Treasury Secretary Henry Merritt "Hank" Paulson Jr, and blessed by former NY Fed head and current Treasury Secretary Geithner, emerges in the marketplace as WMIH, one might hope for something of value from Ms Grind, who has made something of a career on the destruction wrought in the Great Northwest by Wall Street and their DC tools. That she has chosen to collect her checks from the Murdoch instrument of misinformation is most discouraging.