
The Enforcers ? How Little?Known Trade Reporters Exposed the Keating Five and Advanced Business Journalism
How Little-Known Trade Reporters Exposed the Keating Five and Advanced Business Journalism
Series: The History of Media and Communication; 164;
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Product details:
- Publisher MO ? University of Illinois Press
- Date of Publication 4 November 2019
- Number of Volumes Paperback
- ISBN 9780252084768
- Binding Paperback
- No. of pages272 pages
- Size 227x152x26 mm
- Weight 432 g
- Language English
- Illustrations 11 black & white photographs, 8 charts, 4 tables 51
Categories
Short description:
In the 1980s, real estate developer and banker Charles H. Keating executed one of the largest savings and loans frauds in United States history. Keating had long used the courts to muzzle critical reporting of his business dealings, but aggressive reporting by a small trade paper called the National Thrift News helped bring down Keating and offered an inspiring example of business journalism that speaks truth to power. Rob Wells tells the story through the work of Stan Strachan, a veteran financial journalist who uncovered Keating's misdeeds and links to a group of US senators—the Keating Five—who bullied regulators on his behalf. Editorial decisions at the National Thrift News angered advertisers and readers, but the newsroom sold ownership on the idea of investigative reporting as a commercial opportunity. Examining the National Thrift News's approach, Wells calls for a new era of business reporting that can—and must—embrace its potential as a watchdog safeguarding the interests of the public.
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The Enforcers ? How Little?Known Trade Reporters Exposed the Keating Five and Advanced Business Journalism: How Little-Known Trade Reporters Exposed the Keating Five and Advanced Business Journalism
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