OLD Media Moves

Bloomberg drops Wasik's personal finance column

December 7, 2009


Bloomberg News has dropped John Wasik‘s award-winning personal finance column, the writer confirmed to Talking Biz News on Monday.

Running for the past eight years, the column was eliminated as Bloomberg moved to consolidate its purchase of BusinessWeek. Earlier this year, Wasik had shared the personal finance beat with Jane Bryant Quinn, whose column was cut in late July.

“It was a great run,” Wasik said. “Matt Winkler (editor in chief) gave me the opportunity to write about the housing crisis, derivative problems and pitfalls in retirement, college and financial planning long before last year’s meltdown.”

“I believe in what I’m doing and hope to get back on deadline soon. I hope to build upon my work and expand the reach of personal finance reporting even more. This beat has never been more important to struggling Americans. “

Wasik is the author of 13 books, including “The Audacity of Help: Obama’s Economic Plan” and the “Remaking of America” and “The Cul-de-Sac Syndrome: Turning Around the Unsustainable American Dream,” both published by the soon-to-be downsized Bloomberg Press. His Bloomberg column had been picked up by papers on five continents including The Financial Times, International Herald Tribune and Boston Globe.

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