Michael van Baker, writing on the Seattlest.com web site, noted that most of the Seattle business media missed noticing the problems that led to the failure of an Eastside mortgage company. The Seattle Times business reporter Elizabeth Rhodes had the story this weekend.
“To the Puget Sound Business Journal, Merit’s founder Scott Greenlaw was ‘an up-and-coming businessman,’ the Times points out. In 2004 Washington CEO magazine proclaimed Merit one of the best firms in the state to work for, and the next year, the PSBJ named Merit a finalist for its Eastside Business of the Year award. Greenlaw made the sports section of the Seattle Times for a profile of a young go-getter who made good.
“We’re not mortgage geeks, but trust us, this whole story makes for gripping reading. Okay, don’t trust us. How about this: ‘Some wonder if the company’s demise hinged on its practice of hiring jocks and stunning but inexperienced young loan officers and managing them loosely.'”
Read more here.
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…
Members of the CoinDesk editorial team have sent a letter to the CEO of its…