The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism
Does the 2008 financial collapse lie at least in part at journalists’ feet?
Pulitzer Prize-winning investigative reporter Dean Starkman, formerly of The Wall Street Journal, exposes the critical failure of America’s business press to cover the systemic corruption in the financial industry and other events leading up to the 2008 economic meltdown.
He maintains that deep cultural and structural shifts — some unavoidable, some self-inflicted — eroded journalism’s appetite for its role as watchdog, and the result was a deafening silence about questionable, even dishonest practices. Tragically, that silence grew more profound as the mortgage madness reached its apogee from 2004-06.