Stories by Chris Roush Chris Roush

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Debtwire seeks real estate reporter

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Debtwire has an immediate opening for a commercial real estate journalist. The right candidate will join our innovative CRE and CMBS reporting team, collaborating on hard-hitting coverage of the fast-paced commercial real estate industry.

Our coverage includes new-issue CMBS; secondary market CMBS trading; loan restructurings, refinancings, defaults and servicer issues affecting bond and loan performance; commercial loan origination, finance and secondary market trading; liquidations of CDOs and other legacy asset portfolios; and new asset classes including single-family home rental securitizations.

Reporters are responsible for breaking news and identifying trends ahead of other news outlets. They are expected to be proactive in cultivating and developing industry sources who can provide them a steady flow of exclusive news tips.

Experience covering commercial real estate and securitization is required. The position is based in New York. Some travel is required.

Please send your resume, cover letter and clips to: john.wilen@debtwire.com

Seeking Alpha

Seeking Alpha editor: We did not disclose anonymous source

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Eli Hoffmann, senior vice president and editor in chief of Seeking Alpha, writes about the resolution of its case with Greenlight Capital’s David Einhorn, who wanted the financial site to disclose the name of an anonymous writer who disclosed one of Einhorn’s investments.

Hoffmann writes, “We were about to file our opposition to this petition, but Greenlight dropped the suit of its own accord. We did not at any time disclose the author’s identity formally or informally, and at no time were our actions dictated by reaching any sort of deal with Greenlight.

“So why did they drop the case? It seems they were able to contact the author, who convinced Greenlight that he had built his thesis by joining the dots on publicly-available information.

“We’re pleased this has ended. But given the appropriate opportunity, we will defend our position when challenged. This is not the first demand we have had to disclose pseudonymous authors’ identities; we have yet to disclose author identity in any claim submitted to court.

“Platforms such as Seeking Alpha are protected by Section 230 of the Communications Decency Act, which provides immunity from liability for providers and users of an ‘interactive computer service’ who publish information provided by others. This doesn’t stop attempts to file pre-action motions to try and get to specific posters, but so far our experience has been that the claims get shut down or withdrawn.”

Read more here. Einhorn has posted in the comments section that the statement “who convinced Greenlight that he had built his thesis by joining the dots on publicly-available information” is materially incorrect.

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Reuters names new CFO

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Reuters chief executive officer Andrew Rashbass sent out the following announcement on Monday:

Claudia Palmer starts today as CFO for Reuters based in London, reporting to me.

Claudia most recently worked at EMI Music Publishing where she was EVP and chief operating officer for Europe having been SVP, corporate development, for EMI Group plc in charge of Investor Relations and Corporate Finance. Before that she was VP, business development, at The North Face. Prior to that, she had a previous stint at EMI and worked at Bain and Parthenon. She has a bachelor’s degree from Brown University and an MBA from Harvard Business School.

John Carrozza can now move full-time into his role as global head of finance and sales operations for Reuters Agency reporting to Claudia with a dotted line to Steven Schwartz. Once again, I want to thank John for continuing to cover the CFO role for the past few months alongside his new responsibilities. Along with John, the rest of the Reuters finance team will now report to Claudia.

Claudia’s experience and commercial flair will be a huge asset to Reuters. Please join me in welcoming her.

Louisville Business First

Louisville Business First seeks reporter

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The reporter/social media coordinator covers technology, innovation and media while also overseeing social engagement efforts for the business journal.

The duties include posting an average of two online stories per day and producing content for a half-page reporter page per week.

Skills:

Ability to write concisely and with clarity. Good news sense. Excellent social media skills. Excellent technical skills. Ability to collaborate and work well with news staff members and other members of the business journal staff is essential.

At least two years of business journal experience is preferred.

Contact Carol Timmons, editor, ctimmons@bizjournals.com  or 502-583-1731

Tampa Tribune

Tampa Tribune seeks business reporter

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The Tampa Tribune is looking for a self-starting business journalist experienced with real estate and development but with the flexibility to cover a wide range of topics for print and online. The reporter must be equally adept at breaking news, bringing business stories to life, using documents and source development. Job requirements include the ability to balance daily and enterprise stories, both of which are often played on 1A, and to provide breaking news online for the newspaper’s website, TBO.com.

Technical Skills: Exemplary skills at researching and interviewing, knowledge of private and public companies and regulators, source development.

Job Skills: Experience in business reporting.

Education Requirements: Bachelor’s degree or equivalent

Minimum Experience: Two years reporting and writing with a daily news organization

Schedule: Generally Monday through Friday, with exceptions when news breaks.

Please send resume, cover letter, references and salary requirements to The Tampa Tribune, Attn: Mary Beth Thompson – mthompson2@tampatrib.com

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Bloomberg’s Richardson quits over handling of China story

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Ben Richardson has resigned from Bloomberg News after 13 years to protest editors’ handling of an investigative piece reported from China – a story his bosses feared would get them expelled from the country, reports Jim Romenesko.

Romenesko writes, “Richardson, who was an editor at large for Asia news (he edited the enterprise stories and columns), writes in an email: ‘I left Bloomberg because of the way the story was mishandled, and because of how the company made misleading statements in the global press and senior executives disparaged the team that worked so hard to execute an incredibly demanding story.’

“He adds:

“Throughout the process, the threat of legal action has hung over our heads if we talked — and still does. That has meant that senior management have had an open field to spin their own version of events. Suffice to say, what you read in the NYT and FT [both stories linked above] was a fair summation.

Clearly, there needs to be a robust debate about how the media engages with China. That debate isn’t happening at Bloomberg. Clark Hoyt supposedly reviewed the story and declared that it wasn’t ready for publication. But, to my knowledge, he didn’t ring or contact any of the team who worked on the story to discuss it. We don’t even know which version of the story he reviewed. Certainly the final version that I saw had been gutted and narrowed down so much that it could be dismissed as a story about ‘a bankrupt theatre chain’. The reporters who worked on the story for months didn’t get to review the copy before it was unilaterally spiked on a conference call with a ludicrous amount of top brass.”

Read more here.

Richardson has been government and policy editor for North Asia. He ran the company’s financial coverage in Asia, and before that he was responsible for the stock market team. He also had stints on commodities, energy, and corporate finance, and was the training editor for the region for two years. Before Bloomberg, Richardson was a senior editor on the business desk of the South China Morning Post, and had stints on the Irish Times, Hong Kong Standard and Eastern Express.

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Anonymous sources, Trish Regan and business journalism

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Felix Salmon of Reuters writes Monday about Bloomberg Television’s Trish Regan and her interview with Seeking Alpha CEO David Siegel where she was critical of his company’s refusal to disclose the name of an anonymous writer who had disclosed an investment by hedge fund manager David Einhorn.

Salmon writes, “Let’s say that the blogger in question had phoned up Regan and told her (off the record, but with Regan knowing her source’s identity) that Einhorn was buying up shares of Micron Technology. That might have turned into a nice little scoop for Regan, if she had confirmed it with other sources — all of whom would themselves surely have insisted on anonymity as well.

‘If Regan had published that story, Einhorn would surely have been annoyed, since he was taking great care to accumulate his stake in Micron as quietly as possible. But here’s the thing: Einhorn would never have dared take Regan and Bloomberg to court, trying to force them to reveal her sources. If a journalistic organization finds out a true fact and publishes it, that might inconvenience a hedge-fund manager, but it’s not going to result in a court case.

“In the Micron case, however, Einhorn saw an outlet which was small enough to bully. If he wins, as Sorkin says, ‘the case could have a chilling effect on the free flow of information to traditional news outlets’ — it would damage not only Seeking Alpha and its pseudonymous blogger, but also Trish Regan and all other journalists with confidential sources. Einhorn wants to be able to keep his own information confidential; he just doesn’t want Seeking Alpha to have a similar right.

“If anybody deserves a lecture on journalism in this case, then, it’s not Siegel, it’s Einhorn. Meanwhile, Siegel is faced with a very hard decision. Einhorn is not the kind of person to back down from a fight: he has essentially bottomless resources, and will happily spend millions of dollars on lawyers just to make Seeking Alpha’s life miserable and expensive for the foreseeable future. Big media organizations are set up to fight such threats; smaller startups aren’t.”

Read more here.

Maria Bartiromo

Bartiromo show on Fox News to debut on Sunday

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Maria Bartiromo, who left CNBC last year after 20 years to join Fox, will have her new Fox News show, “Sunday Morning Futures,” debut this Sunday, March 30.

The show will focus on the intersection of commerce and news events, offering viewers in-depth analysis on recent developments in the economy.  Bartiromo will interview business leaders and industry newsmakers on topics such as job creation and investment opportunities, providing viewers with a look at how to prepare financially for the future.

“Maria’s renowned expertise covering financial markets, job forecasts and the economy has helped define her as one of the finest business journalists in the industry and I am confident she will bring even greater value to Fox News Channel’s weekend programming,” said Michael Clemente, executive vice president of news for the network.

Bartiromo serves as Fox Business Network’s global markets editor and anchor of “Opening Bell with Maria Bartiromo”

She was previously at CNBC from 1993 until 2013, where she anchored “Closing Bell with Maria Bartiromo” and “The Wall Street Journal Report,” which was later renamed “On the Money with Maria Bartiromo.” She made history in 1995 as the first journalist to report live from the floor of the New York Stock Exchange on a daily basis.  Prior to her tenure there, Bartiromo served as a producer, writer and assignment editor for CNN Business News.

A recipient of numerous prestigious awards, Bartiromo was the first female journalist to be inducted into the Cable Hall of Fame in 2011. She is also the author of several books, including The Weekend That Changed Wall Street and The 10 Laws of Enduring Success. Bartiromo writes a monthly column for USA Today and has written columns for Businessweek, Milano Finanza, Individual Investor, Ticker and Reader’s Digest magazines. She has been published in the Financial Times, Newsweek, Town & Country, Registered Rep and the New York Post.

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Investor asks for his ban from CNBC to be lifted

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Doug Kass, a money manager who writes for TheStreet.com, writes about how he has been banned from appearing on Larry Kudlow‘s last show of “The Kudlow Report” for comments he made last year in a New York Post article.

Kass writes, “This morning I am reaching out to CNBC to put my comments in the New York Post in the proper perspective, to discontinue the Dougie Kass CNBC embargo and to reconsider its decision not to invite me onto Larry’s final show.

“It would give me great pleasure in honoring a great American and good friend this week on CNBC.

“As I have written today, respectful disagreement should be encouraged not discouraged.

“Invite me on CNBC based on the merits of my analysis, the originality of my views and my ability to communicate an opinion clearly and succinctly. Don’t continue to be influenced by a one-sided, misconstrued and biased (CNBC-hating) New York Post column published last August.

“The olive branch has been offered to CNBC.”

Read more here.

Anthony Weiner

Weiner to write about politics for Business Insider

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Former New York mayoral candidate Anthony Weiner has agreed to write a regular political company for Business Insider, writes Hunter Walker of the website.

Walker writes, “We believe the unique combination of brashness and wonkiness that made Weiner one of last year’s most memorable candidates last year and one of the most high-profile advocates for healthcare reform during his time in Congress will make him a perfect fit for Business Insider.

“For his part, Weiner is excited to engage with the site’s readership.

“‘Its great to have the opportunity to add to the always smart and often iconoclastic coverage of politics and policy at Business Insider,’ Weiner said. ‘I look forward to a spirited conversation with the BI community.’

“‘Weiner!’ debuts March 28.”

Read more here.