2008 Gerald Loeb Award Finalists Announced by UCLA Anderson School of Management

Judy D. Olian, chairman of the G. and R. Loeb Foundation Inc. and dean of UCLA Anderson School of Management, today announced the finalists of the 2008 Gerald Loeb Awards for Distinguished Business and Financial Journalism

Judy D. Olian, chairman of the G. and R. Loeb Foundation Inc. and dean of UCLA Anderson School of Management, today announced the finalists of the 2008 Gerald Loeb Awards for Distinguished Business and Financial Journalism. She also announced the recipients of the Lifetime Achievement Award and the Lawrence Minard Editor Award.

The Loeb Awards are the highest honors in business journalism. They were established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton, to encourage quality reporting in the areas of business, finance and the economy in order to inform and protect private investors and the general public. Presented by UCLA Anderson School of Management since 1973, the awards recognize writers, editors and producers of both print and broadcast media for the significant contributions they make in this field.

The 2008 Lifetime Achievement Award recipient is Daniel Hertzberg, deputy managing editor for international at The Wall Street Journal. This annual award recognizes an individual whose career exemplifies the consistent and superior insight and professional skills necessary to further the understanding of business, financial and economic issues.

Frank J. Comes, senior editor at McKinsey & Company and former assistant managing editor of BusinessWeek, will receive the 2008 Lawrence Minard Editor Award, named in memory of Laury Minard, founding editor of Forbes Global and a former final judge for the Loeb Awards. This award honors excellence in business, financial and economic journalism editing and recognizes an editor whose work does not receive a byline or whose face does not appear on the air for the work covered.

Daniel Hertzberg and Frank J. Comes will receive their career achievement awards at the 2008 Loeb Awards dinner, Monday, June 30, 2008, in New York City. Winners in the 13 competition categories will be announced from among the following finalists, which were chosen from among a record 450 entries.

Large Newspapers Category

The finalists in the large newspapers category (circulation of more than 350,000) are:

Patricia Callahan, Maurice Possley, Ted Gregory, Sam Roe, Michael Oneal and Evan Osnos for “Hidden Hazards” in Chicago Tribune

Charles Duhigg for “Golden Opportunities” in The New York Times

Walt Bogdanich, Jake Hooker, David Barboza and Andrew W. Lehren for “Toxic Pipeline” in The New York Times

Kate Kelly, Serena Ng, David Reilly, Susanne Craig, Susan Pulliam, Randall Smith, Michael Siconolfi, Carrick Mollenkamp, Robin Sidel, Monica Langley, Gregory Zuckerman and David Enrich for “Mortgage Meltdown on Wall Street” in The Wall Street Journal

Medium Newspapers Category

The finalists in the medium newspapers category (circulation between 150,000 and 350,000) are:

Binyamin Appelbaum, Lisa Hammersly Munn, Ted Mellnik and Peter St. Onge for “Sold A Nightmare” in The Charlotte (N.C.) Observer

Jeffrey Spivak and Lynn Horsley for “TIF Breaks” in The Kansas City (Mo.) Star

Laura Frank, Burt Hubbard, Todd Hartman and Gargi Chakrabarty for “Beyond the Boom Series” in Rocky Mountain News (Denver, Colo.)

Small Newspapers Category

The finalists in the small newspapers category (circulation of less than 150,000) are:

Philip Brasher, Paula Lavigne, Perry Beeman, Lynn Hicks and Jerry Perkins for “Fueling Iowa’s Future” in The Des Moines (Iowa) Register

Todd Spivak for “Heads You Lose... Tails You Lose” in Houston (Texas) Press

Tony Bartelme for “The China Effect” in The Post and Courier (Charleston, S.C.)

Magazines Category

The finalists in the magazines category are:

Brian Grow, Robert Berner, Keith Epstein and Geri Smith for “The Poverty Business” in BusinessWeek

Charles Fishman for “Message in a Bottle” in Fast Company

Allan Sloan for “House of Junk” in Fortune

Edward Chancellor for “Ponzi Nation” in Institutional Investor

Michael Lewis for “In Nature’s Casino” in The New York Times Magazine

Commentary Category

The finalists in the commentary category are:

Daniel Howes for “Business Columnist” in The Detroit News

Joe Nocera for “Talking Business” in The New York Times

Gretchen Morgenson for “Wall Street Skullduggery” in The New York Times

Kimberley A. Strassel for “Review and Outlook” in The Wall Street Journal

Breaking News Category

The finalists in the breaking news category are:

Katie Merx, Tim Higgins, Tom Walsh, Mark Phelan, Susan Tompor, Sarah A. Webster, Katherine Yung and Joe Guy Collier for “A New U.S. Auto Industry” in Detroit Free Press

Claudia Eller, Richard Verrier, Maria Elena Fernandez, Jay A. Fernandez, Meg James, John Horn and Joseph Menn for “The Writers Strike” in Los Angeles Times

Andrew Ross Sorkin, Richard Siklos, Joe Nocera and Richard Pérez-Peña for “Dow Jones-Murdoch Coverage” in The New York Times

Jenny Anderson and Landon Thomas, Jr., for “The Fall of E. Stanley O’Neal at Merrill Lynch” in The New York Times

Beat Writing Category

The finalists in the beat writing category are:

Jon Kamp for “Exposing Health, Financial Risks on Eye-Care Solutions” in Dow Jones Newswires

Lisa Girion for “Coverage Denied” in Los Angeles Times

Charles Duhigg for “Golden Opportunities” in The New York Times

Kate Kelly, Serena Ng, Susanne Craig and David Reilly for “Breakdown at Bear Stearns” in The Wall Street Journal

Robert O’ Harrow Jr. and Dana Hedgpeth for “The Cost of Contracting” in The Washington Post

News Services Content Category

The finalists in the news services category are:

Mike Liedtke, Adam Geller, Dave Carpenter and J.W. Elphinstone for “Subprime Mortgage Series” for The Associated Press

David Dietz, Gary Cohn, Darrell Preston and Christine Richard for “The Insurance Hoax” for Bloomberg News

Mark Pittman, Bob Ivry and Kathleen M. Howley for “Wall Street’s Faustian Bargain” for Bloomberg News

Peter Henderson, Andrew Sullivan, Al Yoon and Tim McLaughlin for “Subprime Crisis” for Reuters

Feature Writing Category

The finalists in the feature writing category are:

Brian Grow and Keith Epstein for “The Poverty Business” in BusinessWeek

Michael Lewis for “Evolution of an Investor” in Condé Nast Portfolio

Charles Fishman for “Message in a Bottle” in Fast Company

Jennifer Reingold for “The Rise and Fall (and Subsequent Fall and Rise) of Ilan K. Reich” in Fortune

John Carreyrou for “The Nation’s Broken Health-Care System” in The Wall Street Journal

Online Category

The finalists in the online category are:

The Staff of the Boston Globe for “Globe 100” for The Boston Globe/Boston.com

Bryce Hoffman, John Greilick and Rob L’Heureux for “South of the Equator: Ford and GM Prosper” for The Detroit News

Art Lenehan, Anh Ly and Suzanne McGee for “Keeping Up With The Wangs” for MSN Money

Television Daily Category

The finalists in the television daily category are:

Danial Clark, Brian Sullivan, Karin Annus, Deepanshu Bagchee, Peter Gorenstein and Gary Matsumoto for “Subprime Shockwaves” on Bloomberg News

Sharyl Attkisson for “Earmarks” on CBS Evening News

Catherine Kim and Anthony Mason for “Do It Yourself Bands and Digital Pirates” on CBS News

Drew Griffin for “Keeping Them Honest: The Transparent Congress” on CNN Anderson Cooper 360o

Steve Washington, Darren Gersh and Dana Greenspon for “India’s Promise” on PBS Nightly Business Report (Miami, Fla.)

Television Enterprise Category

The finalists in the television enterprise category are:

Steve Kroft and Andy Court for “Wake Up Call” on CBS News 60 Minutes

Serena Altschul, Cynthia Bowers, Barry Petersen, John Blackstone, Martha Teichner, David Pogue, Rita Braver, Joie Chen, Bill Geist, Ben Stein, Al Balisky, David Bhagat, Marsha Cooke, John D’Amelio, Ed Forgotson, Remington Korper, Brian Healy, Ann Marie Hodrick, Patrick Lee, Sandra Malyszka, Marisa Pearl, George Pozderec, Amy Rosner, Carol Ross, Jason Schmidt, Randy Schmidt, David Small, Mary Lou Teel and Nancy Wyatt for “The Money Issue” on CBS News Sunday Morning

Josh Howard for “Against the Tide: Battle for New Orleans” on CNBC

Drew Griffin for “M.I.S.T. (Minor Injury to Soft Tissue)” on CNN

Byron Harris, Mark Smith and Kraig Kirchem for “Money for Nothing” on WFAA-TV (Dallas, Texas)

Business Book Category

The finalists in the business book category are:

Julia Flynn Siler for “The House of Mondavi: The Rise and Fall of an American Wine Dynasty” published by Gotham Books

Nassim Nicholas Taleb for “The Black Swan: The Impact of the Highly Improbable” published by Random House

Richard Bookstaber for “A Demon of Our Own Design” published by Wiley

David Kaplan for “Mine’s Bigger: Tom Perkins and the Making of the Greatest Sailing Machine Ever Built” published by William Morrow

The judges select finalists and winners based on quality of reporting and writing, news and analytical value, originality and exclusivity, and where appropriate, production value and visual impact. Sixty nine preliminary judges, representing a broad spectrum of print and broadcast media, as well as academia, chose this year’s finalists. The winners are then determined by the distinguished panel of final judges:

Stephen J. Adler, editor-in-chief, BusinessWeek

Amanda Bennett, executive editor, enterprise, Bloomberg News

Philip Bennett, managing editor, The Washington Post

Jane Berentson, editor, Inc.

Matthew Bishop, bureau chief, The Economist

Marcus Brauchli, consultant, News Corp.

Steve Forbes, chairman and chief executive officer, Forbes

Chrystia Freeland, U.S. managing editor, Financial Times

John Hillkirk, executive editor, USA Today

Glenn Kramon, assistant managing editor, The New York Times

Joanne Lipman, editor-in-chief, Condé Nast Portfolio

Judy D. Olian, dean, UCLA Anderson School of Management

Allan Sloan, senior editor-at-large, Fortune

Russ Stanton, editor, Los Angeles Times

Jonathan Wald, senior vice president, business news, CNBC

The Loeb Awards gratefully acknowledges Business Wire for their support of this program. For more information about the Loeb Awards, please visit the Loeb Awards Web site at http://www.loeb.anderson.ucla.edu, or e-mail loeb@anderson.ucla.edu or call the Loeb Awards office at (310) 206-1877.

About UCLA Anderson School of Management

UCLA Anderson School of Management, established in 1935, is regarded among the very best business schools in the world. UCLA Anderson faculty are ranked #1 in “Intellectual Capital” by BusinessWeek and are renowned for their teaching excellence and research in advancing management thinking. Each year, UCLA Anderson provides management education to more than 1,600 students enrolled in MBA, Executive MBA, Fully-Employed MBA and doctoral programs, and to more than 2,000 professional managers through executive education programs. Combining highly selective admissions, varied and innovative learning programs, and a world-wide network of 35,000 alumni, UCLA Anderson develops and prepares global leaders.

Contact:

UCLA Anderson School of Management

Mary Ann Lowe, 310-206-1877

loeb@anderson.ucla.edu

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