The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism -- Save 30%

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Columbia University Press How the Financial Press Failed the Public Trust Read an excerpt from The Watchdog That Didn't Bark Read an interview with Dean Starkman   Reviews Table of Contents The Watchdog That Didn't Bark The Financial Crisis and the Disappearance of Investigative Journalism    Dean Starkman    "Journalism was complicit in the ... corruption that brought down world financial markets and wrecked the lives of millions. Obsessed with shallow scoops, giddy from the laughing gas of access, financial journalists abjectly failed to connect dots, and left abusive, reckless, and criminal corporations free to drag the global economy into the abyss. Dean Starkman ... not only puts forward a keen, subtle, and fair account of the journalistic default, he names names." - Todd Gitlin 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  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. Order Now and Save 30%!   $24.95 $17.47 Use discount code WATSTA at check-out £16.95 | Cloth | 368 pages       FOLLOW COLUMBIA UNIVERSITY PRESS:

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