Hedge funds editor (Dow Jones) – Job of the week on Journalism.co.uk

Date posted: 30/09/09 00:00

Closing date: 28/10/09

Employer: Dow Jones Newswires Financial News

Salary: DoE

Location: London

Dow Jones Financial News is looking for a talented hedge funds editor. The role will involve the individual taking primary responsibility for Financial News coverage of the hedge fund industry.

Position requirements:
Generating and executing ideas for incisive, accessible articles on the hedge fund industry and its external relations. Leading the newspaper’s breaking news on hedge funds. Primary responsibility for generating the hedge funds page each week. Liaison with the events team in organising the hedge funds awards. Please email applications – including a cover letter, CV and clippings of published articles.

For more information and to apply please visit http://www.journalism.co.uk/75/articles/535975.php

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Blogs transformed mainstream media coverage of the credit crisis, Kristine Lowe argues in new book

Institutional mainstream media constraints were both an asset and a liability during the great crash, says Norwegian blogger and journalist Kristine Lowe, in a new book published this week. She argues that blogs both transformed and challenged mainstream media coverage of the credit crisis.

‘Playing Footsie with the FTSE?‘ edited by John Mair and Richard Lance Keeble, a collection of 20 articles by leading journalists and academics that asks why leading financial journalists and commentators failed to predict the biggest economic crisis in 70 years, is published this week by Abramis for £9.99.

Journalism.co.uk has featured several chapters from the book during the past month:

• Brian Caplen: ‘Mea culpa – Why we missed the crisis’
• Alex Brummer: ‘Far from scaring people, the press were providing readers with reliable information’

and today:

• Kristine Lowe: Blogging the crash – How blogs transformed mainstream media coverage of the credit crisis

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Gillian Tett at the Frontline Club: tonight 7.30pm GMT

This will be good. From the Frontline Club blog:

‘The credit crisis, financial journalism and scaremongering’ with Financial Times Assistant editor and journalist of the year Gillian Tett at the Frontline Club tonight. Gillian will be in discussion with BBC economics editor Stephanie Flanders.

“When she picked up her prize for journalist of the year at the British Press Awards recently, the Financial Times’ Gillian Tett claimed the accolade was a vindication for ‘the geeks’ and ‘anoraks’.  The assistant editor of the Financial Times has been documenting the rise of credit derivatives banking since she was appointed in 2005 to cover the the rather unglamorous capital markets patch. But it was only after the full consequences of the risks bankers had been taking became so catastrophically apparent that Gillian Tett was promoted from ‘geek’ to luminary, regularly making appearances on TV and radio.”

Watch live here at 7.30pm GMT:

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FT.com: Lionel Barber on financial journalism and the economic crisis

Financial Times editor Lionel Barber asks whether the media should have foreseen the global financial crisis.

At the beginning, says Barber: “Most reporters working in this so-called ’shadow banking system’ found it hard to interest their superiors who controlled space and who were more interested in broadcasting the ‘good news’ story of rising property prices and economic growth.”

While journalists were not the only ones to ‘fall down on the job’, there were four key weaknesses in the media’s coverage of the economy in the build-up to the crash (he goes on to outline these).

But, he adds:

“Many of the most important developments of the past decade (…) have largely been unanticipated or failed to attract the attention they deserved. Journalists, in this respect, have a crucial role to play. Flawed they may be, but they still have the capacity to be the canaries in the mine. Long may it be so.”

Full article at this link…

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CJR: The Polis financial journalism paper dissected across the pond

A take on the Polis paper from the States. The Columbia Journalism Review’s Dean Starkman says that the Polis’ ‘What is Financial Journalism For?’ report addresses ‘one of those big, “dumb” questions’ that he ‘finds so valuable.’

“Those kinds of questions don’t get asked much on this side of the pond. That’s too bad. Even the subject of business media’s performance in advance of the current crisis seems to be something of a taboo.

“The scant attention the subject has received has been either the once-over-lightly treatment, a la Howard Kurtz, and or an ‘all-clear’ for the business press from our cousins over at the American Journalism Review.”

Full story…

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