Forbes.com columnist Gary Weiss writes that it’s nice that the Columbia Journalism Review blog The Audit has praised the Wall Street Journal’s Pulitzer Prize-winning series about backdating of stock options. But the blog — under a different writer — needs to admit that it criticized the articles when they first appeared.
“The Audit’s two articles on the backdating coverage (here and here) were notable in that they were not the slightest bit well-informed. I was sympathetic with the Audit’s view the options coverage was a bit “overblown,” yet the articles seemed naive and ill-informed in the extreme. I chastised the Audit for its coverage (see here and here), as did University of California economics professor Brad DeLong.
“There’s nothing wrong with being off-base now and then. But this was not an isolated event. The Audit, under its former editor, made a series of embarrassing goofs on a number of subjects.”
Read more here.
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