Jack Weatherly, the business editor of the Arkansas Democrat-Gazette, notes that the paper’s front page focused on the drop in the stock market Monday and used another story for the Lehman Brothers bankruptcy and the sale of Merrill Lynch.
The front page of the business section focused on Stephens Inc., a Little Rock-based brokerage.
Weatherly said, “The news of the day dictated much of how we treated it, of course. So we led the paper with a combined story of Lehman Brothers’ meltdown and Bank of America’s acquisition of Merrill Lynch. The No. 2 story on the front page was the stock market. We referred to stories on the business section front, including a staff story about Stephens Inc., a Little Rock-based regional investment bank, which said that it was on solid footing by emphasizing government instruments rather than mortgage-based securities.”