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Image via WikipediaWall Street Money Machine
ProPublica’s Jesse Eisinger and Jake Bernstein, who were awarded the Pulitzer Prize for National Reporting for “The Wall Street Money Machine,” talk about the series, which examined how some hedge funds and banks worsened the financial crisis while making a hefty profit for themselves. It’s ProPublica’s second Pulitzer in only its third year of publishing investigations, and it’s the first Pulitzer to be awarded to a group of stories that were never published in print.
- The Wall Street Money Machine
- ProPublica won the Pulitzer Prize for National Reporting for its series, “The Wall Street Money Machine.”
Its lead reporters, Jake Bernstein and Jesse Eisinger, take a moment to explain the series, how it all started and their reaction after reeling in ProPublica’s second Pulitzer. Theirs was the first Pultizer awarded to a body of work that didn’t appear in print (i.e., online only). You can read the full series here: The Wall Street Money Machine [1] and the letter addressing the award from our editor-in-chief [2]. You can also subscribe to all of ProPublica’s podcasts on iTunes [3].
Jesse Eisinger and Jake Bernstein won the award in the category of National Reporting for their outstanding Wall Street Money Machine series, which examined how some Wall Street bankers and hedge funds sought to enrich themselves at the expense of their clients and sometimes even their own firms through sketchy transactions that delayed and ultimately worsened the financial crisis.
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