The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism (Columbia Journalism Review Books) (by Dean Starkman)


Author(s): Dean Starkman

Publisher: Columbia University Press
Publish date: 2014-01-07
ISBN-10: 0231158181
ISBN-13: 9780231158183
Language: English
Description:
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… more…

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