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Posts Tagged ‘Mark Pittman’

FishbowlNY’s 2009 Lists: In Memoriam

cronkite.jpgOur favorite part of any award show is the memorial montage commemorating the lives of all those who passed away in the past year. While this year’s headlines were populated by the tragic deaths of celebrities and other bold-faced names — from Michael Jackson and Farrah Fawcett to Patrick Swayze and Senator Ted Kennedy — our industry lost quite a few of its prominent members in 2009 as well. Here, a look back at some of the media’s brightest stars we said goodbye to this year:

Former anchorman Walter Cronkite was perhaps the biggest name in the media world to pass away in 2009, and he was honored by a star-studded memorial in September.

A number of famous columnists also left us without their prolific narratives about politics, celebrities and the English language in 2009. Conservative columnist Robert Novak died in August from a brain tumor, Vanity Fair‘s Dominick Dunne passed away later that month after a battle with bladder cancer. The New York Times‘ “On Language” columnist, William Safire, died in September from pancreatic cancer. Another columnist who we had the pleasure of working with last year, men’s wear expert Stan Gellers, died suddenly last winter, just a few months after the publication he had contributed to for more than 50 years, DNR, folded.

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Mark Pittman, Bloomberg Reporter Who Predicted Credit Crisis, Sued Fed, Dies

pittmanmark.jpgNo one ever said reporting on the financial markets was easy, but the job doesn’t often claim lives.

So over the long holiday weekend, members of the financial press were shocked to learn that Mark Pittman, the Bloomberg News reporter who predicted the collapse of the banking system back in 2007, had died at the age of 52. Bloomberg reported his death on Saturday, revealing that Pittman suffered from “heart-related illnesses,” although his exact cause of death is still unclear.

Pittman started to write about the credit crisis in the summer of 2007, before it became a crisis. He was part of the Bloomberg team that won a prestigious Gerald Loeb Award in 2008 for the news organization’s five-part series called “Wall Street’s Faustian Bargain,” including Pittman’s story, “Suprime Securities Market Began as ‘Group of 5′ Over Chinese.” He was also part of the team honored by the New York Press Club earlier this year for a piece called “Fed Defies Transparency Aim in Refusal to Disclose”, about the Fed’s refusal to reveal who had received $2 trillion in emergency loans.

He also pushed Bloomberg to file a federal law suit against the Federal Reserve, a case that will continue on without him.

It is clear, throughout his colleague Bob Ivry‘s obit, that Pittman was a smart, hardworking journalist who touched many people’s lives and will be missed for his work, his incredible insight into the U.S. financial system and his spirit.

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Mark Pittman, Reporter Who Foresaw Subprime Crisis, Dies At 52 –Bloomberg

Audit Interview: Mark PittmanColumbia Journalism Review

(Photo courtesy of Bloomberg News)