Business stories from The Wall Street Journal, the Miami Herald and National Public Radio were recognized in the annual National Press Club journalism awards, announced Wednesday.
Herald reporters Michael Sallah, Rob Barry and Lucy Komisar won the consumer journalism award for print with their expose of Allen Stanford’s massive Ponzi scheme that cost investors $7 billion. The reporters combed through mountains of records and emails and conducted interviews with company insiders to develop a package of absorbing stories about a financial player who fended off government oversight in the United States and in Caribbean countries.
On the broadcast side, PBS’ Frontline won the consumer journalism award for “The Card Game,” which interviews with the lobbyist for the financial services industry, top lawmakers, consumers who faced tighter credit and two industry experts credited with practices such as “free checking.”
Bloomberg BusinessWeek also won the consumer journalism award for periodicials for “Policing the Cleanup.” Also, Dean Starkman of Columbia Journalism Review, who critiques the business press, won a press criticism award for “Power Problem.”
Read about all of the winners here.
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The Miami Herald reporters should not have received any of the three awards so far given. I have proven to Miami Herald and to the institutions making the awards, using the very documents available to them and personally interviewing the man they defamed, that over half of the Stanford series was a complete fraud on the reading public. The claims made in the reports were inaccurate, false, misleading, defamatory, and contrary, for example, to the code of ethics of the Society of Professional Journalists, from which the writers won the first reward. Not a single correction or retraction or apology has been made. None of the professional institutions have responded to the facts laid out for them. Wherefore I am convinced that the so-called fourth branch of government is even more arrogant than the judiciary with its presumptive inherent powers, and far more irresponsible. In fine, the writers and editors involved in this fraud have no conscience whatsoever. See the several articles on my site for further information, or email me. David Arhur Walters, Independent Journalist
Several of the Stanford victims have vetted David Arthur Walters' critiques of The Miami Herald's coverage and have found them to be not only inaccurate but woefully short on the facts in this case. Many of us have been perplexed by his strange obsession with The Herald and then we learned he tried to get a job there and failed. We are not necessarily fans of The Herald, but the newspaper did an exemplary job breaking down The Stanford fraud case. Walters does a great disservice to the thousands of victims who deserve a full understanding of what went wrong in Florida regulation, and The Herald provided that. Shame on this syncopate. He is fronting for the lead state official who failed to vet Stanford when he set up his crooked operation in Miami.
Richard, who apparently does not have a last name to stand by, and is probably a Herald "journalist", is like the Miami Herald journalists who consult with unnamed experts who are not experts, and then simply dismiss out of hand everything a critic says without reference to a single point he has made and offering a rebuttal thereto. I happen to have multiple comments including thanks from Stanford victims for pointing out the real situation in Florida. I may be contacted at davidarthurwalters(at)gmail.com. I invite any legitimate journalist to scrutinize my work and the underlying DOCUMENTS that were available to the Herald but were intenttionally misconstrued. Thanks!
Fascinating! I agree with Walters after reading his reports. Still, the Herald reporters deserve credit for bringing much to light even though the reports on the banking regulator's role was spurious.