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Financial Reporting in Today’s Economy

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By Barry Ritholtz - July 22nd, 2009, 5:15PM

Should financial media be held accountable for their failure to have warned the public of the current economic downturn? What steps are being taken to avoid this happening in the future?

A panel of leading financial reporters assess the global crisis and discuss the ‘perfect storm’ of events that led to it. Aspiring journalists will hear how to avoid the perils and pitfalls of the profession, and media observers can decide for themselves if the media is to blame.

With Charles Gasparino, on-air editor, CNBC; Farnoosh Torabi, correspondent, TheStreet.com TV; Liz Claman, anchor, Fox Business Network; and Alan Murray, deputy managing editor, The Wall Street Journal; executive editor, Journal Online, and WSJ Television.

Moderated by Jeff Bercovici, Blogger, “Mixed Media,” Portfolio.com.

01:23:47

PERMALINK
Category: Financial Press, Real Estate, Video.

Comments

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Financial Reporting in Today’s Economy”

  1. blueoysterjoe Says:
    July 22nd, 2009 at 5:55 pm

    I really think it’s time to retire the phrase “a perfect storm”, especially since I don’t think it means what people think it means.

    A perfect storm, as I understand it, occurs when an improbable confluence of events leads to a giant shit-storm. In the political and financial sphere, it is a euphemism for “who could have predicted this mess? It’s beyond human understanding. Let’s just put it in the past and look into the future.”

    Our financial crisis was a very probable confluence of events that lead to a giant shit-storm. If I give my kid a 5 pound bag of candy, and he eats all 5 pounds of it, puking Twizzler on my antique rug, his puking is not a perfect storm. It’s just a huge f’ing mess. And that’s what we have seen for the last couple years.

  2. impermanence Says:
    July 23rd, 2009 at 9:43 pm

    This was a complete waste of time.

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