Summer 2002

Reporting on Business: Enron and Beyond

Enron’s extraordinary collapse leapt into public view with banner headlines befitting the precipitous fall of a once mighty power. This was a company that not too long before its demise had been the business media’s poster child, praised for its “innovative” practices and consistently listed among the top American corporations. During these heady times, only a few reporters followed leads that eventually took readers past the media’s mostly laudatory words and into the reality of a company whose foundation was crumbling. – Melissa Ludtke, Editor

Journalist’s Trade
Introduction
By Melissa Ludtke, Editor
A Good Story Isn’t Always the Right One to Tell
‘Enron was merely the manifestation of a broad failure on the part of the financial media.’
By Jeffrey Madrick
Looking for Answers in the Enron Story
‘Start with a pretty straightforward question.’
By Peter Behr
Not Every Journalist ‘Missed’ the Enron Story
Reporters at The Wall Street Journal detailed the corrupt practices that led to Enron’s demise.
By Paul E. Steiger
Corporations Work Hard to Prevent Reporting
When intimidation doesn’t work, other methods are used.
By James McNair
Making the Enron Story an Engaging Visual Experience
‘If you’re going to use tomfoolery, you’d better know what you’re talking about.’
By Paul Solman
Money Makes Headlines in Today’s News Coverage
‘A creeping indifference and a silent hollowing out.’
By Norman Solomon
The Watchdog Role Business Reporters Need to Play
Journalists who cover business must prepare themselves for the job.
By Glenn S. Lewin
Moving Toward the Mainstream
Economics and business reporting has increased in quantity and improved in quality.
By Robert J. Samuelson
The Birth of ‘The Outraged Investor’
A reporter assumes the watchdog role for ‘the little guy.’
By Martha Smilgis
Economics and Business Journalism in Africa (1 comment)
Daunting issues challenge high quality reporting, but new initiatives support the determination of journalists to succeed.
By Nixon Kariithi
Paying for the Next News: Ideas From a Conference
Introduction
By Melissa Ludtke, Editor
News Innovation and Leadership
The Change Journey: The Laggards
By Rosabeth Moss Kanter
The Change Journey: The Pacesetters (1 comment)
By Rosabeth Moss Kanter
Newspapers and the Internet
By Clark Gilbert
Experiences With Internet Journalism
Internet Interactions
Web Sites Increasingly Scoop Their Parent News Outlets for Content
Should Newspapers Offer Internet Access?
By Gregg K. Jones
The Newspaper Business: Now and in the Years Ahead
What Does Quality Mean?
Societal Influence Model for the Newspaper Industry
The Tug of Wall Street
News in the Land of the Giants
How to Reach Wall Street With a Different Message
Two books hint at how and why this can and should be done.
By Philip Meyer
Alerting the Public to Journalism’s Challenges
Future Possibilities
Technology Builds Context
By Walter Bender
In Defense of Journalism as a Public Trust
Journalism in Asia
Introduction
By Melissa Ludtke, Editor
Southeast Asian Media Struggle to be Free
Many journalists confront intimidation and government control but for some more freedom brings awareness of the need for better investigative skills.
By Kavi Chongkittavorn
New Media Played a Role in the People’s Uprising
Alternative forms of communication forced mainstream media to do their job.
By Sheila S. Coronel
Southeast Asia’s Electronically Charged Media Revolution
The author of ‘Electronic Tigers of Southeast Asia’ describes how media technology affects government and the press.
By Drew McDaniel
Virtual Democracy in Malaysia
‘…the Internet has helped put press freedom on the front burner.’
By Steven Gan
In Burma, a Repressive Regime Controls the Press
Burmese reporters require ‘great courage to adhere to the principles of journalism.’
By Aung Zaw
Free Enterprise but Not Freedom of the Press
In Vietnam, self-censorship and government scrutiny muffle journalists.
By David Lamb
Cambodia’s Newspapers Emerge From a Repressive Era
Lacking international pressure, radio and television in Cambodia remain under state control.
By A. Lin Neumann
Journalists Confront New Pressures in Indonesia
In an era of press freedom, the quality of journalism is a concern.
By Andreas Harsono
Thai Journalists Fight an Unexpected Revival of Press Restrictions
Reporters are targeted. Advertising is pulled. And promised reforms are halted.
By Suthichai Yoon
Watchdog Conference
Introduction
By Melissa Ludtke, Editor
Digging Where Journalists Don’t Dig
‘…it’s not what question we ask. It’s the fact that we ask at all.’
Freedom of Information Under Attack
In the name of ‘homeland security,’ the work of journalists is made harder.
By Charles Lewis
Important Questions Happen Before Reporting Begins
‘Once we got that question in our minds, all of a sudden everything fell into place.’
Brainstorming Questions
Asking questions is ‘such a supremely human endeavor.’
Questions Help to Hold People in Power Accountable
By Dan Rothstein
Good Questions Emerge Out of Good Information
Preparation and persistence are key ingredients for successful interviews.
By M.L. Stein
Curator’s Corner
Discovering What Constitutes Fairness in Newspaper Reporting
The Taylor Award unearthed lessons about how journalists convey fairness.
By Bob Giles
Nieman Notes
Revitalizing High School Newspapers
Putting out their newspapers, students learn how to stand up for their beliefs.
By Athelia Knight
Dwight Emerson Sargent: A Remembrance
Nieman Curator from 1964 to 1973, he died on April 4 at the age of 85.
By Ray Jenkins