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Apr 8, 2008

Pearlstein hopes Pulitzer will prompt respect for economy reporters

Editor & Publisher writes that at a time when increasing numbers of daily newspapers are folding their separate business sections, Steven Pearlstein of the Washington Post hopes his Pulitzer Prize for commentary -- the first ever awarded to a column devoted strictly to business -- will help regain respect for those who write about the economy.
"Obviously, I'm thrilled as anyone would be to win the Pulitzer Prize, but there's a special thrill that this would go to a columnist focusing on the economy and business," Pearlstein said Monday night. "Perhaps this will give more recognition to those who write about finance and investing."
He says the rationalizations that newspapers are offering for cutting back the business newshole, or concentrating only on local business, are "nonsensical."
"I frankly don't understand this," Pearlstein said. "There is no indication that people are less interested in finance and investing than they used to be -- in fact, if anything, it's the opposite."
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