Thursday, January 29, 2004
Financial Media Housekeeping
I'm glad to see we're not yet done with the post-Jayson Blair/Internet Bubble house-cleaning thing. In my mind, the two are pretty much the same thing -- people refused to pull back the curtain and see how the sausage was getting made and bad things happened. From a Wall Street Journal story at Yahoo! (link via I Want Media):
In a move sparked by the resignation of its co-founder amid inquiries into his stock trading, MarketWatch.com Inc. is requiring all employees to register their stock trades with the company. Also, for its financial journalists and senior executives, the company will conduct random audits to verify their trading information.Only two weeks ago, CNBC announced a similar policy for its financial journalists.
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