FiLife.com editor at large Dave Kansas writes in the introduction to his new book “The End of Wall Street As We Know It” about how business coverage of economic turmoils has changed during the past decade.
“I’ve written about the financial markets in both good times and bad. As a reporter at The Wall Street Journal in 1995, I wrote about the Dow Jones Industrial Average bursting through 5,000. That sure feels like a long time ago. As editor in chief of TheStreet.com, I had a ringside seat to the crazy run-up of Internet stocks in the late 1990s. And during the early part of this century, I oversaw coverage of Wall Street for The Wall Street Journal during a time of rising markets.
“It was during that last stint that the early seeds of our present problems were sown. My colleagues and I wrote frequently about the overabundance of ‘easy money.'”
The book will be released Tuesday.
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