The Watchdog That Didn t Bark

Author: Dean Starkman
Publisher: Columbia University Press
ISBN: 0231158181
Format: PDF, ePub, Docs
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Looks at the reasons why the mainstream media didn't see 2008's financial crisis coming.

The Watchdog That Didn t Bark

Author: Dean Starkman
Publisher: Columbia University Press
ISBN: 0231536283
Format: PDF, Mobi
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In this sweeping, incisive post mortem, Dean Starkman exposes the critical shortcomings that softened coverage in the business press during the mortgage era and the years leading up to the financial collapse of 2008. He locates the roots of the problem in the origin of business news as a market messaging service for investors in the early twentieth century. This access-dependent strain of journalism was soon opposed by the grand, sweeping work of the muckrakers. Propelled by the innovations of Bernard Kilgore, the great postwar editor of the Wall Street Journal, these two genres merged when mainstream American news organizations institutionalized muckraking in the 1960s, creating a powerful guardian of the public interest. Yet as the mortgage era dawned, deep cultural and structural shifts -- some unavoidable, some self-inflicted -- eroded journalism's appetite for its role as watchdog. The result was a deafening silence about systemic corruption in the financial industry. Tragically, this silence grew only more profound as the mortgage madness reached its terrible apogee from 2004 through 2006. Starkman frames his analysis in a broad argument about journalism itself, dividing the profession into two competing approaches -- access reporting and accountability reporting -- which rely on entirely different sources and produce radically different representations of reality. As Starkman explains, access journalism came to dominate business reporting in the 1990s, a process he calls "CNBCization," and rather than examining risky, even corrupt, corporate behavior, mainstream reporters focused on profiling executives and informing investors. Starkman concludes with a critique of the digital-news ideology and corporate influence, which threaten to further undermine investigative reporting, and he shows how financial coverage, and journalism as a whole, can reclaim its bite.

Journalism After Snowden

Author: Emily Bell
Publisher: Columbia University Press
ISBN: 0231540671
Format: PDF
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Edward Snowden’s release of classified NSA documents exposed the widespread government practice of mass surveillance in a democratic society. The publication of these documents, facilitated by three journalists, as well as efforts to criminalize the act of being a whistleblower or source, signaled a new era in the coverage of national security reporting. The contributors to Journalism After Snowden analyze the implications of the Snowden affair for journalism and the future role of the profession as a watchdog for the public good. Integrating discussions of media, law, surveillance, technology, and national security, the book offers a timely and much-needed assessment of the promises and perils for journalism in the digital age. Journalism After Snowden is an essential read for citizens, journalists, and academics in search of perspective on the need for and threats to investigative journalism in an age of heightened surveillance. The book features contributions from key players in the initial reporting of the NSA files, including former editor-in-chief of The Guardian, Alan Rusbridger; ex-New York Times executive editor Jill Abramson; legal scholar and journalist Glenn Greenwald; and Edward Snowden. Other contributors include dean of Columbia Graduate School of Journalism Steve Coll, Internet and society scholar Clay Shirky, legal scholar Cass Sunstein, and journalist Julia Angwin. Topics discussed include the protection of sources, digital security practices, the legal rights of journalists, access to classified data, interpreting journalistic privilege in the digital age, and understanding the impact of the Internet and telecommunications policy on journalism. The anthology’s interdisciplinary nature provides a comprehensive overview and understanding of how society can protect the press and ensure the free flow of information.

The Media and Financial Crises

Author: Steve Schifferes
Publisher: Routledge
ISBN: 1317624521
Format: PDF, Mobi
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The Media and Financial Crises provides unique insights into the debate on the role of the media in the global financial crisis. Coverage is inter-disciplinary, with contributions from media studies, political economy and journalists themselves. It features a wide range of countries, including the USA, UK, Ireland, Greece, Spain and Australia, and a completely new history of financial crises in the British press over 150 years. Editors Steve Schifferes and Richard Roberts have assembled an expert set of contributors, including Joseph E Stiglitz and Lionel Barber, editor of the Financial Times. The role of the media has been central in shaping our response to the financial crisis. Examining its performance in comparative and historical perspectives is crucial to ensuring that the media does a better job next time. The book has five distinct parts: The Banking Crisis and the Media The Euro-Crisis and the Media Challenges for the Media The Lessons of History Media Messengers Under Interrogation The Media and Financial Crises offers broad and coherent coverage, making it ideal for both students and scholars of financial journalism, journalism studies, media studies, and media and economic history.

The Best Business Writing 2013

Author: Dean Starkman
Publisher: Columbia University Press
ISBN: 0231160755
Format: PDF
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An anthology Malcolm Gladwell has called "riveting and indispensable," The Best Business Writing is a far-ranging survey of business's dynamic relationship with politics, culture, and life. This year's selections include John Markoff ( New York Times) on innovations in robot technology and the decline of the factory worker; Evgeny Morozov ( New Republic) on the questionable value of the popular TED conference series and the idea industry behind it; Paul Kiel ( ProPublica) on the ripple effects of the ongoing foreclosure crisis; and the infamous op-ed by Greg Smith, published in the New York Times, announcing his break with Goldman Sachs over its trading practices and corrupt corporate ethos. Jessica Pressler ( New York) delves into the personal and professional rivalry between Tory and Christopher Burch, former spouses now competing to dominate the fashion world. Peter Whoriskey ( Washington Post) exposes the human cost of promoting pharmaceuticals off-label. Charles Duhigg and David Barboza ( New York Times) investigate Apple's unethical labor practices in China. Max Abelson ( Bloomberg) reports on Wall Street's amusing reaction to the diminishing annual bonus. Mina Kimes ( Fortune) recounts the grisly story of a company's illegal testing -- and misuse -- of a medical device for profit, and Jeff Tietz ( Rolling Stone) composes one of the most poignant and comprehensive portraits of the financial crisis's dissolution of the American middle class.

Bad News

Author: Anya Schiffrin
Publisher: ReadHowYouWant.com
ISBN: 145960864X
Format: PDF
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"There are three twenty-four-hour financial networks. All their slogans are like, Ẁe know what's going on on Wall Street.' But then you turn it on during the crisis, and they're like, Ẁe don't know what's going on.' It'd be like turning on the Weather Channel in a hurricane and they're just doing this: [shuddering] Ẁhy am I wet?! What's happening to me? And it's so windy!'" -Jon Stewart.

The Seven Sins of Wall Street

Author: Bob Ivry
Publisher: Hachette UK
ISBN: 161039366X
Format: PDF, Kindle
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We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing—and should make us not just afraid but very afraid—are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we're all affected by the financial industry's inhumanity. The transgressions of “Wall Street titans” and “masters of the universe” are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain—a smokescreen of complexity and jargon that hide the bankers' nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you'll finish this book asking yourself how it is that so many of the nation's leading financial institutions remain such exasperating problem children.

Multimedia Journalism

Author: Andy Bull
Publisher: Routledge
ISBN: 131764610X
Format: PDF, ePub
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Multimedia Journalism: A Practical Guide, Second edition builds on the first edition’s expert guidance on working across multiple media platforms, and continues to explore getting started, building proficiency and developing professional standards in multimedia journalism. The second edition features new chapters including: getting started with social media live reporting building proficiency with Wordpress building apps for smartphones and tablets building a personal brand and developing a specialism long-form video journalism, audio and video news bulletins and magazine programmes. The new edition also includes an extensive range of new and updated materials essential for all aspects multimedia journalism today. New areas explored include editing video and slideshows for mobile and tablet devices, the advanced use of mobile devices for reporting, location-specific content creation and delivery, the use of video and audio slideshows, and live blogging. Other updates include more material on photojournalism as a storytelling technique, using and transferring digital images and sound, the use of Google Analytics, and practical guides to storytelling through infographics, timelines, interactive graphics and maps. The book fully engages with multimedia journalism in relation to range of social media and web publishing platforms, including Wordpress, Blogger, Tumblr, Twitter, Facebook, Google+, YouTube, Instagram, Pinterest, SoundCloud, AudioBoom and iTunes. The book is also be supported by fully updated online masterclasses at www.multimedia-journalism.co.uk.

The Pen and the Sword

Author: Calvin F. Exoo
Publisher: SAGE
ISBN: 141295360X
Format: PDF, ePub
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'Challenges students to reexamine their beliefs about the news media, helping them to become more critical citizens. In doing this, the text engages students' attention in crucial developments in the media, in politics, and in the intersection of the two' - Paul R. Brewer, University of Wisconsin-Milwaukee Recent content analysis shows that terrorism and international conflict--the wars in Afghanistan and Iraq--have been the number one story of American news since 9/11. The Pen and the Sword is the first comprehensive review of how the news media have covered--and are covering--these momentous events. This coverage is used throughout the book to introduce and to illustrate a critical perspective on the mass media, examining contemporary issues of media economics, politics, and public opinion.