Bad News: How America's Business Press Missed the Story of the Century

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The New Press, Dec 7, 2010 - Business & Economics - 240 pages
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The role of the business press in the current financial crisis strikes at the heart of the heated debate about the media’s role as guardians of our democratic society. With contributions from leading journalists and academics at the forefront of this issue, Bad News is the first attempt to navigate through a controversy that will be studied for decades to come.
 

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BAD NEWS: How America's Business Press Missed the Story of the Century

User Review  - Jane Doe - Kirkus

The story of the century—the 21st, that is—is the ongoing financial crisis that has threatened to bring the developed world to its knees. Why business writers didn't see it coming is the big ... Read full review

Contents

The US Press and the Financial Crisis
1
An Information Theoretic Approach
22
The business press did everything but take on the institutions that brought down the financial system
37
Its Not as Bad as Its Reputation
54
Missing the Moment
71
The Quiet Crisis
94
The Real Housing Crisis of Orange County
122
The Financial Crisis and the UK Media
148
What Would Good Reporting Look Like?
179
About the Contributors
201
Notes
206
Copyright

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About the author (2010)

Anya Schiffrin is the director of the media and communications program at Columbia’s School of International and Public Affairs. She spent 10 years working overseas as a journalist in Europe and Asia, writing for a number of different magazines and newspapers. She was bureau chief for Dow Jones Newswires in Amsterdam and Hanoi and wrote regularly for the Wall Street Journal. She was a Knight-Bagehot Fellow at Columbia University's Graduate School of Journalism in 1999-2000 and then a senior writer at the Industry Standard, covering banking and finance. She writes a monthly column for the Japanese business magazine Toyo Keizai.

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