Bloomberg Businessweek wins award from Foreign Press Association

Bloomberg Businessweek walked away with the award for best financial/economic reporting at the Foreign Press Association Media Awards 2010.

Bloomberg Businessweek journalist James Sterngold’s report ‘Who Cares About Another $200 Million?’ on former Lehman Brothers CEO Dick Fuld failing to declare hundreds of millions of  dollars worth of compensation to U.S. Congress, appeared in the May 3-May 9 issue of the magazine.

Bloomberg Businessweek was also nominated for Roben Farzad’s report “It Wasn’t Our Fault, Really” in the financial/economic category.

In the travel and tourism category Bloomberg News was nominated for  its report “My Baghdad Beckons With Bazaars, Cafes, Hopeful People.” In the print and web news category, Bloomberg Markets magazine was nominated for “Duping the Families of Fallen Soldiers” by David Evans.

“To be selected as a winner at the prestigious FPA awards is an indication of how far Bloomberg Businessweek has come in the last year, with journalism of the highest quality always our number one priority,” said vice president and international sales director Jonathan Foster Kenny in a statement. “On behalf of James Sterngold and the Businessweek team, we are very pleased and honoured to have received this award.”