Cuban's ShareSleuth goes live

ShareSleuth, the investigative business journalism web site being funded by Dallas Mavericks owner Mark Cuban and run by former St. Louis Post-Dispatch business reporter Christopher Carey, is now up and running.

While Cuban has raised eyebrows by saying he will invest in stocks mentioned on the Web site before the stories are posted, Carey pointed out on the site that he will not be investing in any stocks.

Carey also stated, “Unlike mainstream media outlets, we’re going to have a clear bias – against deception and corruption. We’re going to depart from the traditional “he said, she said’’ model of journalism, with its false balance and toothless objectivity.

“We’re going to name names and show our evidence, by linking to documents, photographs and other information. We think that approach provides greater transparency than most newspapers, broadcast outlets and Internet news sites currently offer.”

Later, he wrote, “Sharesleuth.com will pursue stories based on their journalistic merit, their potential public impact and their entertainment value. I believe that the end result will speak for itself.

“Look for our first investigative report in a few weeks. In the meantime, I’ll post smaller news items and discussion topics to keep things rolling.”

See more here.