The Media and Financial Crises

Steve Schifferes is Marjorie Deane Professor of Financial Journalism at City University London. He covered the financial crisis for BBC News. Richard Roberts is professor at the Institute of Contemporary British History, King’s College London. Publications include studies of HSBC, Schroders, the City, Wall Street, Bank of England and Equitable Life.

Editors’ Introduction Overview: Soothsayers of Doom? PART I The Banking Crisis and the Media 1. Willful Blindness: The Media's Power Problem 2. Why the Media Got It Right 3. The US Media and the 2009 Stimulus Package 4. The British Media and the ‘First Crisis of Globalization’ 5. From Wall Street to Main Street: Australian Finance and Business Journalism and the Crisis PART II The Euro-Crisis and the Media 6. The Irish Press, Politicians, and the Celtic Tiger Economy 7. The Spanish Press: No Illusions 8. European Media Views of the Greek Crisis PART III Challenges for the Media 9. What Are Financial Journalists For? 10. The Media and the Crisis: An Information Theoretic Approach 11.Why the Public Doesn’t Trust the Business Press 12. The Mediation of Financial Information Flows: Traders, Analysts, Journalists 13. Paying for Crisis News: The Dilemmas of News Organizations PART IV The Lessons of History 14. Financial Crises and the Birth of the Financial Press, 1825–1880 15. Boom, Crisis, Bust: Speculators, Promoters, and City Journalists, 1880–1914 16. ‘Run on the Bank’: Covering the 1914 Financial Crisis 17. The Pound and the Press, 1919–1972 18. ‘Goodbye, Great Britain’? The Press, the Treasury, and the1976 IMF Crisis PART V Media Messengers Under Interrogation 19 UK Financial Journalists Quizzed by MPs