August 07, 2009

Financial journamalism

Remember that Matt Taibbi piece in Rolling Stone which excoriated Goldman Sachs as both the symbol and the principal executioner of much of the Wall Street failures of the past few years? The financial press has predictably tried to diminish it as work believed only by "half-literate bloggers."

Now comes Dean Starkman of the Columbia Journalism Review to say that on the big picture, Taibbi got a lot more right than wrong:

Taibbi represents a challenge to the conventional business press’s increasingly narrow focus, its incrementalism, its concern with petty scoops at the expense of asking the big questions of the big institutions on its beat.

I urge you to read Taibbi's article, and then read Stockman's post.

Posted by Linkmeister at August 7, 2009 09:02 AM | TrackBack
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