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

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 media itself for having helped to create the bubble in the first place. Did the press fail its mandate as an engine of truth by buying into the hubris and exuberance...