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"The Enforcers: How Little-Known Trade Reporters Exposed the Keating Five and Advanced Business Journalism" with Rob Wells
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Join University of Arkansas professor Rob Wells as he discusses his new book "The Enforcers: How Little-Known Trade Reporters Exposed the Keating Five and Advanced Business Journalism".
In the 1980s, real estate developer and banker Charles H. Keating executed one of the largest savings and loans frauds in United States history. Keating had long used the courts to muzzle critical reporting of his business dealings, but aggressive reporting by a small trade paper called the National Thrift News helped bring down Keating and offered an inspiring example of business journalism that speaks truth to power.Rob Wells tells the story through the work of Stan Strachan, a veteran financial journalist who uncovered Keating's misdeeds and links to a group of US senators―the Keating Five―who bullied regulators on his behalf. Editorial decisions at the National Thrift News angered advertisers and readers, but the newsroom sold ownership on the idea of investigative reporting as a commercial opportunity. Examining the National Thrift News's approach, Wells calls for a new era of business reporting that can―and must―embrace its potential as a watchdog safeguarding the interests of the public.
Rob Wells is an assistant professor of journalism. He earned his doctorate in philosophy in Journalism Studies at the University of Maryland's Philip Merrill College of Journalism. His academic research is in business journalism, media history, data journalism and technology. Wells is the former deputy bureau chief for Dow Jones Newswires/Wall Street Journal in Washington, D.C., where he oversaw 22 reporters who covered real-time business, economics and financial news in the nation's capital. Prior to this, he was a business reporter for Dow Jones, Bloomberg News and The Associated Press. He holds a master's degree in liberal studies from St. John's College in Annapolis, where he studied philosophy, literature, history and political science.
Books will be available for sale and signing following the event.
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