THIS IS ARCHIVED CONTENT

Visit our new site at BusinessJournalism.org

Reynolds Center Programs Daylong Workshops Online Seminars One-hour Tutorials Barlett & Steele Awards Professors Seminar Strictly Financials Seminar Research Covering Business
Business Beats
Starting Out Business Writing Business Design Business Glossary Ethics Five Questions with... Immigration Series Business Journalism Resources Job Listings Academic Programs Book Listings and Reviews Scholarships Calculators Web Resources Tutorials Article Index Workshop Registration

The Reynolds Center has announced its 2009-10 free workshop schedule.

Select a workshop and register from the drop-down menu below.

Online Seminars

The Reynolds Center registration for Fall 2009 free online seminars.

Subscribe

Hooked on Kindle
By Chris Roush

Tracking the Business Behind the Tomato
By Jonathan Higuera

Five Questions with Bill Choyke
By Jonathan Higuera

Finding the Economy's Silver Lining
By Dick Weiss

Double Whammy: Oil and Housing
By Jennifer Hopfinger

Insight into Investigative

By Kelly Carr
February 19, 2008 11:56 AM
E-mail to a friend Print this article

While reporting a story, Alec Klein said he sometimes feels like Columbo.

He’s often confused and finds himself asking both obvious and stupid questions as an investigative business reporter for The Washington Post. And more times than he can count, he has scoured through financial statements that he doesn’t understand.

But being hungry for knowledge, Klein said, is the key to smart and effective reporting. Journalists pretending to know everything put themselves at a disadvantage.

Klein explained his reporting techniques to a group of almost 80 journalists and editors who gathered in Boston earlier this month for the New England Press Association’s annual conference. Klein led a workshop on “Investigative Business Journalism in Your Community,” which was hosted by the Donald W. Reynolds National Center for Business Journalism.

“There is no benefit to trying to act like we know more than we do,” Klein said. “There is a danger because it’s easy to do that, but we are always tapping into new things. I want people to talk to me like a fifth-grader when they are explaining things, so then I can write a story for millions of people.”

Klein is a veteran journalist whose year-long reporting into AOL’s business practices sparked an investigation into the company by the Securities and Exchange Commission and the Justice Department.  His reporting prompted AOL executives to resign after the company launched an internal investigation and later admitted it had improperly reported at least $190 million in advertising revenue.

That story is just one example of the in-depth journalism Klein has tackled. While working at The Sun in Baltimore, he wrote a piece on the cigar industry that prompted two federal investigations and was nominated for a Pulitzer Prize.

Klein said to do investigative work reporters should be fearless and committed to understanding all the pieces of a story. He reminded the group that there is no secret formula for these types of stories, just hard work, persistence and a willingness to learn about unfamiliar topics.

Alec Klein’s tips for stronger sourcing and reporting in investigative business stories

  • Leave your business cards, stacks of them, wherever you go.

  • When interviewing someone, keep the conversation going even after you’ve asked all of your questions. Small talk can be very revealing.

  • Don’t forget the gadflies on the beat. These people are often dismissed, but they usually have files of information because they follow one topic so intensely.

  • Ask for bios, resumes and photos upfront of executives at companies you are covering. After an unflattering story, those basic elements can be tough to get.

  • Be nice to public relations representatives. They can be helpful in ways they didn’t mean to be.

  • Use the circling effect. Start from the outside – the former employees, union people, associations, customers and competitors – and then work your way inside the company.

Email this article

Please enter your friend's e-mail address

Please enter your e-mail address

If you would like to include a message, please add it here:

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Copyright © 2008 Donald W. Reynolds National Center for Business Journalism