Wednesday, March 18, 2009

As newspapers dwindle, who pays the grunt?

Chuck Green writes:

The daily newspaper in Milwaukee this week reported that more than 300 mortgage officers in Wisconsin had criminal records, ranging from fraud and drug trafficking to murder. These are people who, through mortgage applications, attain access to families’ most intimate financial information, including bank account numbers and data that can be used for identity theft. Of course I learned about this phenomenon through the Internet, but the information was developed by a team of investigative journalists who work for a local newspaper.

It is rare that such stories are uncovered by the efforts of a purely Internet site, because it takes an enormous amount of time and resources to develop such information. Bloggers don’t do that, radio stations don’t do that and very few television stations do that. But newspapers do it every day, in small communities and large cities.

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