How America's Business Press Missed the Story of the Century
New Press, Hardcover, 9781595585493, 227pp.
Publication Date: January 25, 2011
The role of the business press in the current financial crisis strikes at the heart of the heated debate about the media’s role as guardians of our democratic society. With contributions from leading journalists and academics at the forefront of this issue, Bad News is the first attempt to navigate through a controversy that will be studied for decades to come.
Amer Bisat is a hedge fund manager focusing on emerging-markets bonds and was previously a portfolio manager at UBS and Morgan Stanley and chief emerging-markets economist at Salomon Brothers in Europe. He has also been a senior economist at the IMF, where he worked on the economics of Russia, Egypt, and Cameroon, and he has published widely on growth, the financial sector, and Middle East economics.
"Though the contributors disagree on whether the media did or did not do its job, all present smart, deeply considered analyses that make for fascinating reading."
"A sort of All the President’s Men for our time, and just the thing to lure bright young people into economics graduate programs and journalism school—if only there were jobs waiting on the other end."