Investigative nonprofit website ProPublica reports today that obfuscatory for-profit hedge fund Magnetar has attracted the attention of the Securities and Exchange Commission for its dealings in collateralized debt obligations.
Says ProPublica:
The investigation echoes the SEC's suit earlier this year against investment bank Goldman Sachs. In April, the SEC charged Goldman with misleading investors in the Read More
As the housing market started to collapse in the middle of 2006, investors became more and more nervous about the smelliest sections of CDOs--collateralized debt obligations that pooled different mortgage bonds together. So what did banks like Merrill Lynch, Citigroup and UBS do? According to ProPublica and NPR's big follow-up to the Read More
In October 2007, Paul Steiger told The Observer that he wanted to use a Wall Street Journal pay model to recruit staffers to his fledgling nonprofit, ProPublica.
"I'm prepared to spend $200,000 on the exact right person, but if the exact right person isn't there, then I'll get three people at $60,000," he Read More
ProPublica, the Pulitzer Prize-winning, not-for-profit investigative outfit, announced this morning that it has added three reporters to its news staff, including a blogger.
The new hires include Kim Barker, a former Chicago Tribune bureau chief; Sebastian Rotella, an L.A. Times reporter with more then 22 years of experience; and Marian Wang who has experience in both Read More
The week before Labor Day tends to be a quiet one for book publishing, as agents and editors head for the hills in preparation for the rush of big-ticket book proposals that inevitably come flooding in during the weeks leading up to the Frankfurt Book Fair. Sometimes it pays to get a jump on the Read More
"It's not about displaying documents," said Aron Pilhofer, editor of interactive news technologies at The New York Times and leader of the team of news journalists and programmers behind those interactive, data-driven displays on NYTimes.com. "It's about making documents that are already on the Web findable, searchable, and structured in a way that you just Read More
Felix Gillette talks to Newsweek International editor Fareed Zakaria, whose CNN show GPS, "unlike most Sunday public affairs programs such as Meet the Press and This Week, GPS set out to lure political leaders and thinkers onto the show from outside the Beltway and outside America."
John Koblin reports that New York Times publisher Read More
ProPublica has farmed Read More
So the ProPublica Web site has gone live. And there's a section where you can learn about their contributors!
There are biographies of the site's stars, of course, like Paul Steiger lately of The Wall Street Journal and Stephen Engelberg, formerly of the Oregonian and the Times.
You can also meet the entire staff, Read More
ProPublica, the newest player on the investigative journalism beat, aims to produce “the very special piece,” in the words of Paul Steiger, the former managing editor of The Wall Street Journal, who will oversee the operation as editor in chief. To do so, Mr. Steiger will deploy two dozen reporters and editors. He’ll then offer Read More
