NYSSCPA Announces Excellence in Financial Journalism Award Winners

Contact: Lois Whitehead, Public Relations Manager

              212-719-8405
              lwhitehead@nysscpa.org

 

Check out the photos from the awards luncheon.


NEW YORK, NY, April 6, 2011 -- Judges for the New York State Society of Certified Public Accountants (NYSSCPA) Excellence in Financial Journalism Awards met today and selected the following winners for awards to be presented on May 10 at the Yale Club in New York City. These awards recognize reporters from the national and local press who contribute to a better understanding of business topics. Entries submitted by the journalists were published in 2010.

Wire Services – Business Financial – Daniel Golden, John Hechlinger and John Lauerman, Bloomberg News, for “Education Inc.,” an expose of taxpayer-funded expansion of for-profit schools through aggressive marketing leaving low-income students, veterans and the homeless burdened with lifelong debt.
 
Wire Services – General Audience – Isaac Wolf, Scripps Howard News Service, for “Is Our Thirst for Energy Ruining Our Water?” an investigation of revolutionary types of natural gas drilling worth billions of dollar to the energy industry.
 
Electronic Media /Accounting – Jeremiah Coder, Tax Analysts, for “Understanding Taxpayers’ Problems,” a perspective into how the tax profession is handling the IRS’s uncertain tax position initiative.
 
Electronic Media/Business Financial – Andrea L. Ben-Yosef, BNA’s Pension & Benefits Daily, for “Is Annuitization of DC Plans an Answer to Retirement Security Questions?” an examination of the landscape regarding offering annuities through defined contribution plans.
 
Electronic Media/Business Financial /Series of Articles – Jonathan Weil, Bloomberg News, for a series of articles holding the leaders of America’s most important financial and government institutions accountable for their actions and providing details about their financial statements.
 
Electronic Media/General Audience – Michael Hudson, freelancer for the Nation Institute, for “Silencing the Whistleblowers,” which details how major U.S. financial institutions knowingly made loans on properties worth far less than what the borrower paid.
 
Radio/Series – Carole Zimmer, WBBR Bloomberg Radio, for “Race for the Next Facebook,” an examination of the new era of tech innovation.
 
Radio/Feature – Kenny Malone, WLRN-Miami, for “High School Ponzi Lesson,” lessons we teach our children but do not follow ourselves.
 
Television/News Segment/Series – Katrina Irwin, WROC-TV Rochester, News 8 at Sunrise Financial Interviews, a weekly personal finance series introduced in 2008 and continuing featuring local CPAs.
 
Television/Feature – Carol Massar and Matt Miller, Bloomberg Television, for “Wall Street: Hollywood Returns,” an examination of the roots of the 2008 financial crisis.
 
Book/Business Financial – Erin Arvedlund, Barron’s, for “Too Good To Be True: The Rise and Fall of Bernie Madoff,” Penguin, how Madoff was able to fool his investors for decades and points to avoid future hedge fund scams.
 
Book/General Audience – Greg Farrell, The Financial Times, for “Crash of the Titans,” Crown Business, the fall of Merrill Lynch and the near collapse of the Bank of America.
 
Print/Business Financial/Series of Articles – Amanda Bennett, Charles R. Babcock, David Armstrong and Peter Waldman, Bloomberg News, for “Medicine and Money.” Four investigations that showed how patients in vulnerable positions incur unnecessary costs and how medical providers drive up costs.
 
Print/General Audience/Newspaper Over 1,500 words – Tom Herman, The Wall Street Journal, for “How to Fight the IRS.” What to do or not do when audited by the IRS.
 
Print/General Audience/Newspaper Under 1,500 words – Byron Acohido, Calum MacLeod and Kathy Chu of USA Today for “How China Does Business,” on how Google threatened to pull its stakes in China because of cyber attacks and censorship.
 
Print/Business Financial/Magazine Over 1,500 words – David Evans, Bloomberg Markets, for “Profiting fom Fallen Soldiers,” on how MetLife, Prudential and more than 130 life insurance companies withheld and profited from $28 billion in death benefits owed to families of service members and others.
 
Print/Personal Finance/Magazine Over 1,500 words – Pat Regnier, Michelle Andrews and Amanda Gengler, Money, for “The Truth about Health Care Reform,” an in-depth look at the then-brand-new health care legislation.
 
Print/General Audience/Magazine Over 1,500 words – Aram Roston, Playboy, for “Vulture Capitalism,” on how some traders make their fortunes on the backs of the weak and the poor.
 
Print/General Audience/Magazine Under 1,500 words – William Poundstone, Playboy, for “How Much Will You Pay?” The new profession of price consulting and convincing consumers that a product is worth its price.
 
About the NYSSCPA
 
Representing over 28,000 CPAs, the New York State Society of Certified Public Accountants (NYSSCPA) is the oldest state accounting organization in the nation.
 
Incorporated in 1897, the Society is a not-for-profit organization that seeks to establish and maintain high standards of integrity, honor, and character among certified public accountants. Its members are CPAs working in public firms, industry, government and education in a state that serves as the home of Wall Street and major financial institutions.
The New York State Society of CPAs is located at 3 Park Avenue, New York, NY 10016.   To learn more about the Society call 800-633-6320 or visit the Society’s website at www.nysscpa.org.