OLD Media Moves

Foundation for Financial Journalism seeks tax-free donations

The Foundation for Financial Journalism is asking for your generous support. Please make a tax-free donation via Paypal, Check or Wire or the FFJ page on the NewsforGood campaign site.

FFJ’s work helps maintain order in the one area of American civic life — the capital markets — where integrity and standards are increasingly marginalized.

Below are examples where FFJ helped play a role in identifying serious abuse and wrongdoing, often months or years prior to legal or regulatory action. That is a valuable economic and legal service the government ought to provide, and FFJ does it without ads and with no profit motives.

Consider: Blyth, Anthony Davian, Medbox, Bryan Caisse, Benjamin Wey, InterCloud, AmTrust/Karfunkel Foundations, OvaScience, Insys Therapeutics, Valeant Pharmaceuticals, Synchronoss Technologies, Corcept Therapeutics, Myriad Genetics, Teladoc Health, Newton Glassman, Wirecard AG.

In 2020 FFJ has released two long-form investigations (see here and here), participated in ABC News’ eight-part series on Jeffrey Epstein, and helped produce a “Frontline” documentary to be released in June.

For the balance of the year, FFJ has another three (and possibly four) accountability investigations slated for publication and will return to covering publicly-traded companies whose governance and disclosures are, to be charitable, profoundly worthy of skepticism.

The need is especially vital in 2020: FFJ’s “Libel Insurance” — better known as Error & Omissions coverage — premiums went up 275%. And a Canadian private equity magnate named Newton Glassman dragged FFJ into litigation against reporters and short-sellers in Toronto, which required FFJ pay a $50,000, one-time deductible to defend its co-writer.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

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