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Author: Edward S. Herman
Publisher: Century Foundation Press
ISBN:
Category : Language Arts & Disciplines
Languages : en
Pages : 188
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Book Description
Did the coverage of the Clinton-Lewinsky scandal set a new low for American journalism? How has news gathering and reporting changed, and what effects has this had on the political and cultural landscape? In this insightful and thoughtful book, Bill Kovach and Tom Rosenstiel, two of America's leading press watchers, explore the new culture of news--what they call the new Mixed Media Culture--and show how it works. Warp Speed describes a world of news in which the speed of delivery is reducing the time for verification, sources are gaining more leverage over the news, and argument is overwhelming reporting. The press, forced to adhere to the demands of the bottom line and keep its audience, is straining more and more to find the Big Story to package as a form of entertainment, turning news stories into TV dramas; and turning history into a kind of Truman Show. As a result, the role of the press in a self-governing society is undermined. Grounded in extensive research, Warp Speed is informed by interviews and testimony from the principal journalists who covered this story and who covered the other great scandals of Washington politics. It offers detailed recommendations on how journalists can right their ship, such as using anonymous sources more responsibly and turning good journalism into good business.
Author: Edward S. Herman
Publisher: Century Foundation Press
ISBN:
Category : Language Arts & Disciplines
Languages : en
Pages : 188
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Book Description
Did the coverage of the Clinton-Lewinsky scandal set a new low for American journalism? How has news gathering and reporting changed, and what effects has this had on the political and cultural landscape? In this insightful and thoughtful book, Bill Kovach and Tom Rosenstiel, two of America's leading press watchers, explore the new culture of news--what they call the new Mixed Media Culture--and show how it works. Warp Speed describes a world of news in which the speed of delivery is reducing the time for verification, sources are gaining more leverage over the news, and argument is overwhelming reporting. The press, forced to adhere to the demands of the bottom line and keep its audience, is straining more and more to find the Big Story to package as a form of entertainment, turning news stories into TV dramas; and turning history into a kind of Truman Show. As a result, the role of the press in a self-governing society is undermined. Grounded in extensive research, Warp Speed is informed by interviews and testimony from the principal journalists who covered this story and who covered the other great scandals of Washington politics. It offers detailed recommendations on how journalists can right their ship, such as using anonymous sources more responsibly and turning good journalism into good business.
Author: United States. Congress. House. Committee on Banking and Currency. Subcommittee on Domestic Finance
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 2030
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Book Description
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Financial Markets
Publisher:
ISBN:
Category : Institutional investments
Languages : en
Pages : 280
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Book Description
Author: United States. Congress. Senate. Committee on Human Resources. Subcommittee on Labor
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 1626
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Book Description
To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1954 for the purpose of simplifying, clarifying, and improving federal law relating to the regulation of employee benefit plans to foster the establishment and maintenance of plans, and for other purposes and related bills (S. 901, S. 2992, S. 3193, S. 1745, S. 1383, and S. 250).
Author: United States. Securities and Exchange Commission
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 270
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Book Description
Author: United States. Congress. Senate. Government Operations Committee
Publisher:
ISBN:
Category :
Languages : en
Pages : 1316
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Book Description
Author: Andrew Crockett
Publisher: Centre for Economic Policy Research
ISBN: 9781898128793
Category : Conflict of interests
Languages : en
Pages : 144
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Book Description
The fifth report in this series focuses on conflicts of interest that arise when a firm combines multiple lines of business, creating multiple interests. Conflicts between research and underwriting in investment banking and between auditing and consulting in accounting firms are investigated, as are the problems that arise from rating agencies providing consulting services and from universal banks combining commercial and investment banking. In the recent stock market collapse, confidence in the financial industry was shaken by numerous scandals. Beginning with Enron in 2001, scandals brought about the demise of prominent financial figures, damaged the reputation of premiere firms and destroyed the global accounting giant Arthur Andersen. Central to this crisis was the exploitation of conflicts of interest. Research analysts at investment banks were found to be distorting information at the behest of underwriting departments eager to promote new issues. Auditors appeared to sanction misleading accounting in order to gain business for the consulting side of their firms. Policy response in the United States was quick. Large fines were levied and regulators compelled the separation of financial security function, constraining financial conglomerates. But are these new regulations and safeguards adequate protection? What costs do they impose on the industry? This fifth title in the ICMP/CEPR series of Geneva Reports on the World Economy examines the problem of conflicts of interest in the financial system. Conflicts of interest lead to a decrease in information that makes it harder for the system to provide savers wit the accurate, essential information that induces them to provide credit to borrowers. This study focuses on conflicts of interest that arise when a firm combines multiple lines of business, creating multiple interests. Conflicts between research and underwriting in investment banking and between auditing and consulting in accounting firms are investigated, as are the problems that arise from rating agencies providing consulting services and from universal banks combining commercial and investment banking. Determining the appropriate remedy for a conflict is a challenge because the elimination of conflicts may also eliminate benefits from economies of scope. This study examines five generic remedies: market discipline, regulation for increased transparency, supervisory oversight, separation of financial activities by function, and socialization of the collection and distribution of information. The authors apply this framework to assess critically the Sarbanes-Oxley Act and the Global Settlement between American regulators and investment banks.
Author: United States. Congress. Senate. Committee on Government Operations. Subcommittee on Budgeting, Management, and Expenditures
Publisher:
ISBN:
Category : Corporations
Languages : en
Pages : 962
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Book Description
Author: United States. Securities and Exchange Commission
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 630
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Book Description
Author: United States. Congress. House. Committee on Banking and Currency
Publisher:
ISBN:
Category : Credit
Languages : en
Pages : 656
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Book Description
