Longest Lasting Effect of Financial Crisis Will Be Anger June 23, 2009

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Complete video at: http://fora.tv/2009/04/22/Buyouts_Takeovers_Downsizing_Financial_Reporting_in_Todays_Economy

Alan Murray, assistant managing editor of The Wall Street Journal, says people are watching financial news right now because they are angry. "The longest lasting effects of this are going to be the political effects," he predicts.

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Should financial media be held accountable for their failure to have warned the public of the current economic downturn? What steps are being taken to avoid this happening in the future?

A panel of leading financial reporters assess the global crisis and discuss the 'perfect storm' of events that led to it. Aspiring journalists will hear how to avoid the perils and pitfalls of the profession, and media observers can decide for themselves if the media is to blame.

With Charles Gasparino, on-air editor, CNBC; author King of the Club: Richard Grasso and the Survival of the New York Stock Exchange; Farnoosh Torabi, correspondent, TheStreet.com TV; Liz Claman, anchor, Fox Business Network; and Alan Murray, deputy managing editor, The Wall Street Journal; executive editor, Journal Online, and WSJ Television. Moderated by Jeff Bercovici, Blogger, "Mixed Media," Portfolio.com. - The New School

Alan Murray is a Deputy Managing Editor of The Wall Street Journal and Executive Editor for the Journal Online. He also has editorial responsibility for Wall Street Journal television, books, conferences, and the MarketWatch web site. Mr. Murray spent a decade as the Journals Washington bureau chief. He became Deputy Managing Editor in June 2008, and Executive Editor, Online, in July 2007. Prior to this he was the author of the paper's award-winning "Business" column. He is also a regular contributor to CNBC, and author of several books, including, most recently, Revolt in the Board Room: The New Rules of Power in Corporate America.