Three reporters from The Wall Street Journal have won this year?s Goldsmith Prize for Investigative Reporting for their expose on top business executives who manipulated stock options to reward themselves massive payouts.
The Joan Shorenstein Center on the Press, Politics and Public Policy at Harvard University announced on Tuesday that Charles Forelle, James Bandler and Mark Maremont win the $25,000 prize. Their report resulted in the federal investigation of more than 130 companies and the firings of more than 60 business executives.
?This story had a huge impact on the business community, and its force is ongoing,? Alex Jones, director of the Shorenstein Center, said in a statement.
The other finalists for the prize were a team of Boston Globe reporters who investigated aggressive debt collectors; Charles Ornstein and Tracy Weber of The Los Angeles Times for a report on failing transplant operations; Debbie Cenziper of The Miami Herald for uncovering financial mistakes at the Miami-Dade Housing Agency; a team of Seattle Times reporters who reported on hundreds of sealed court files; and a team of Washington Post writers who looked at failures in federal farm subsidy programs.
The Goldsmith prize for best academic book was awarded to Diana C. Mutz for ?Hearing the Other Side: Deliberative versus Participatory Democracy.?
Gene Roberts and Hank Klibanoff won the prize for best trade book for ?The Race Beat: The Press, the Civil Rights Struggle and the Awakening of a Nation.?
Daniel Schorr, the longtime news analyst for National Public Radio, won the Goldsmith Career Award for Excellence in Journalism.