The standard for Boston business reporting

Former Boston Herald business editor Cosmo Macero writes in Boston Magazine about how departed Boston Globe business columnist Steve Bailey forced the competition to be better.

Macero wrotes, “He had a long and accomplished career at the Globe long before Downtown debuted in 2000. But it is the eight-year run of that column against which all business reporting in Boston has been—and for some time to come will be—measured.

“‘They read your columns because they can’t help themselves,’ former John Hancock chief David D’Alessandro remarked at Monday’s send-off party for Bailey.

“D’Alessandro embodies the generation of business and civic stewards that Bailey has routinely relied upon, preyed upon, impressed and incensed. The send-off at Anthony’s Pier 4 saw a parade of such figures—Boston’s Permanent Government—reveling as much in the skewering and savagery they endured from Bailey as in the more infrequent salutes and plaudits he doled out.”

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