Bad News: How America's Business Press Missed the Story of the Century

Leading scholars and journalists assess the media’s failure to see the financial crisis coming. “A sort of All the President’s Men for our time” (Kirkus Reviews).

Where was the business press in the weeks and months leading up to the deepest financial crisis since the Great Depression? As our economy unraveled, journalists struggled to keep up with the story of the century, grappling with an alphabet soup of derivatives, backroom deals, and toxic financial instruments. But many fault the m...