Bernard Madoff’s 150-year sentencing generated tons of news headlines. The Philadelphia Inquirer transformed the national story into a local one by focusing on a family that had lost money. Inquirer reporter Bob Fernandez says his editor approached him after speaking with the DeVitas, who described themselves as “basic” people who’d been investing with Madoff for years. [...]
By Megan Thomas EMMA, the new Electronic Municipal Market Access system, offers a shot of sunshine into the municipal bonds market. Created by the Municipal Securities Rulemaking Board, EMMA is an educational resource and research center that allows the public to navigate the inner-workings of bonds. EMMA is a search engine for municipal bonds the [...]
While Bernard Madoff has been sentenced to 150 years in prison, the Madoff investigation and the process of victim reparation will go on for quite some time, as will coverage on the unraveling of one of the largest Ponzi schemes in recent history. The New York Times has created a Madoff timeline charting the start [...]
The Associated Press reported today that General Motors will take responsibility for for future product liability claims, making it easier for the company to sell its assets and come out of its Chapter 11 a new company.While GM did not offer this willingly (its hand was forced to take liability in order to sell assets,)it [...]
The New York Times has reported that Bernard L. Madoff has been sentenced to 150 years in prison by a federal judge for operating a Ponzi scheme that has impacted thousands of people from all backgrounds and financial standings. From the story: “I’m responsible for a great deal of suffering and pain, I understand that,” [...]
One day in the not-too-distant future, I suspect children of the next generation will snicker at the notion that newspapers were actually delivered to your front door. What a task-intensive idea: Somebody hauling a stack of inky newspapers door to door all over town. How quaint, the children will laugh. Yet there’s not much to [...]
The Board of Directors of Media General, publisher of 21 daily newspapers, appointed Dennis J. FitzSimons, former Chairman, CEO and President of the Tribune Company, to the board Thursday. FitzSimons will be a member of the Audit Committee. FitzSimons, who stepped down as Chairman, CEO and President of Tribune Company in December 2007 after a [...]
The McCormick Foundation is offering fellowships to journalists who are covering economic aspects of Chicago’s bid to host the 2016 Summer Olympic Games.The fellowships are for a specialized reporting institute Sept. 13-15 at DePaul University’s College of Communications in downtown Chicago that will include conversations of how reporters could cover the 2016 Games, if Chicago [...]
TheStreet.com follows the money trail for media from yesterday’s unexpected news that reigning King of Pop, Michael Jackson died at the age of 50 in a video report released today.While many news sources such as the Wall Street Journal reported that an overflow of online activity for sites like Twitter and other online news sources, [...]
