Clabby Award winners named at Dow Jones Newswires

by

Judges of the 17th annual William R. Clabby Dow Jones Newswires Awards today named 18 journalists for nine awards covering exemplary work during 2010. The Clabby Awards are Newswires’ highest internal honor for outstanding journalism by Newswires and Newsletters reporters and editors. The winners are:

Commentary and Analysis

  • James Simms, Tokyo, for “Tokyo’s Unhealthy Mandarins,” a sequence of Heard on the Street columns chronicling the feckless bureaucracy at work in Japan’s latest government.
  • Marcin Sobczyk, Warsaw, for “A Nation Wounded, Deeply,” the coverage of the tragic April 10 plane crash that killed Poland’s president, central bank governor and other senior officials while on a visit to Russia.
  • The Americas energy team, specifically Brian Baskin and Mark Long in New York, Ryan Dezember and Angel Gonzalez in Houston, and Cassandra Sweet in San Francisco, for “Beyond the Deepwater Horizon,” which exposed how ill-prepared industry and government were to deal with the magnitude of the oil spill in the Gulf of Mexico.
  • Brian Baskin, New York, and Tom Polansek, Chicago, for “Dodgy Data,” an exploration of how flaws in vital government-compiled statistics roiled the crude oil and corn markets.

Markets

  • Jacob Bunge, Chicago, and Donna Kardos Yesalavich and Kristina Peterson, New York, for “Market Mayhem,” an explanation of the events surrounding the “flash crash” of May 6 in which the Dow Jones Industrial Average briefly dropped by nearly 1,000 points.
  • David Winning, Sydney, for “Asia Pacific Coal Sector Glows Red Hot,” a series of stories on acquisitions, supply contracts and market forecasts for the Asia coal market.

Scoops

  • Tomio Geron, San Francisco, for “Everyone Wants a Piece of Facebook,” a series of news breaks about investment funds aimed at buying secondary-market shares of hot, pre-IPO  Silicon Valley startups.
  • Taksahi Mochizuki and Hiroshi Miwa, Tokyo, for “Intervention Gold in Tokyo,” jointly with Kanga Kong, Seoul, for “Dominating ‘Currency Wars’ Capital Controls.” Mochizuki and Miwa broke the news of the Bank of Japan’s massive, unsterilized intervention in the yen market in September. Kanga scored a series of global exclusives on G-20 communiques on international monetary policy.
  • Costas Paris, Singapore, “Breaking News from Singapore to Athens,” jointly with Andrea Thomas, Berlin, for “Germany, France Agree on Historic Greek Bailout.” Paris broke news on the Greek bailout and Singapore monetary policy. Thomas broke the news March 25 that France and Germany had reached a deal on how to rescue the Greek economy.

Each award carries a $3,000 prize. Shared awards are divided among recipients. Trophies will be presented at an awards reception Wednesday, April 13, at Dow Jones headquarters in New York.

Neal Lipschutz, senior vice president and managing editor of Newswires, chaired the judging panel, which also included Richard Rescigno, managing editor of Barron’s; and Martha Steffens, holder of the Society of American Business Editors and Writers Chair in Business and Financial Journalism at the University of Missouri. Newswires Operations Editor Chaz Repak serves as administrator of the Clabby Awards.