CJR on business press and subprime
"If the business press has a blind spot, it is that it failed to understand the crisis for what I think it really is: a regulatory failure of mammoth proportions,” writes Dean Starkman about business media and its subprime coverage.
In the CJR.org piece, which is appropriately tagged as "The business press rediscovers regulators," Starkman reviews recent coverage - the good, the bad and the biased.
He also at one point concludes that the business press has traditionally viewed regulators as an afterthought and offers a reason as to why this is.

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