WSJ reporter Neumann moving to Madrid

Richard Boudreaux, the Madrid bureau chief for The Wall Street Journal, sent out the following staff announcement on Thursday:

I am happy to announce that Jeannette Neumann, a reporter on the Journal’s New York-based Money & Investing staff for the past three years, will join the Madrid bureau starting in October. She will cover Spanish banks, putting her at the center of one of Europe’s biggest stories—the struggle to overcome a housing bust that saddled the Continent’s fourth-largest economy with bad debts, failed financial institutions, vast tracts of unsold apartment blocks, a deep recession, and more than a quarter of the labor force out of work.

Jeannette has been covering American credit-rating firms and the municipal-bond market for M&I. She broke several stories about Standard & Poor’s Ratings Services and its troubles with the U.S. Justice Department, and has written a number of aheds, some of them from her native Iowa.

Before joining the Journal staff, she gained four years of reporting experience in Argentina, first with the Buenos Aires Herald and then The Associated Press. She graduated Magna Cum Laude with distinction in Hispanic studies and political science from the University of Pennsylvania and specialized in investigative and business reporting en route to a master’s degree from Columbia University’s Graduate School of Journalism.

My Madrid Bureau colleagues and I welcome Jeannette to our team and wish her the best in her new challenge.