Thursday, December 3, 2009

What did we know; when did we know it?


Mortgage crisis, bank failures, Bernie Madoff ripping off investors.

Why wasn't the business press there to save us from disasters?

That, of course, was a major discussion panel at the 2009 SABEW Spring Conference in Denver. Did the business press foresee the depth of this recession and provide adequate warnings?

In research, we're taking that idea a bit further, and Missouri master's student Boris Korby is looking into the matter for his master's project. He'll be researching the content of warning stories that appeared prior to the recession, comparing what business-focused media reported versus what more "Main Street" media reported.

He's also looking at how broadcast media fared in accurate forecasting of the 2008 recession versus more print-focused platforms. I'll report back on his progress, but would appreciate your insights here.

(photo/illustration by Eric Pier)



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