They're wondering the same thing about biz news in Sweden

James Savage of The Local writes abnout a session at Stockholm Media Week that questioned the job of business journalists leading up to the economic crisis.

Savage writes, “Ã…sa Tillberg, economics journalist at Dagens Nyheter, admitted that her paper ‘didn’t see the seriousness of what was going to happen,’ but pointed out that the Riksbank wasn’t much better.

“Jon Ã…sberg, from business magazine Affärsvärlden, confessed the business press used ‘too many question marks and too few exclamation marks’ in the lead up to the crisis. But he was quick to point out that his magazine ‘isn’t some kind of prognosis institute.’

“Outspoken former government minister Björn Rosengren (who famously resigned from the government in 1999 after calling Norway ‘the last Soviet state’) was critical of journalists. Rosengren, who now works at industrial conglomerate Kinnevik, reckoned that the media should have seen the risk of a collapse. Business journalists and others were too caught up in the heady atmosphere of the boom years to see the troubles bubbling under the surface.”

Read more here.Â