Gerald Loeb Award

Gerald Loeb Award

Infobox award
name = Gerald Loeb Award
current_awards =


imagesize =
caption =
description = Excellence in business journalism
presenter = UCLA Anderson School of Management
country = USA
location =
year = 1957
year2 = 2006
website = http://www.anderson.ucla.edu/x3287.xmlThe Gerald Loeb Award, also referred to as the Gerald Loeb Award for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. [cite news | last =Staff | title =Ted Gup to be inducted into Press Club of Cleveland's Journalism Hall of Fame | work =The Plain Dealer | publisher =Cleveland Live, Inc | date =October 23, 2007 | url =http://www.cleveland.com/news/plaindealer/index.ssf?/base/news-0/1193129005148360.xml&coll=2 | accessdate = 2007-11-11] cite news | last =Staff | title =About the Gerald Loeb Awards | publisher =UCLA Anderson, School of Management | date = | url =http://www.anderson.ucla.edu/x3287.xml | accessdate = 2007-11-11] The award was established in 1957 by Gerald Loeb, a founding partner of E.F. Hutton & Co.cite news | last =Times Staff Writer | title =Times business article honored: The article examining the ties between Digital Lightwave and the Church of Scientology won a Gerald Loeb Award for business reporting. | work =St. Petersburg Times | date =July 2, 2003 | url =http://www.sptimes.com/2003/07/02/Business/Times_business_articl.shtml | accessdate = 2007-11-12] Loeb "intended to encourage reporting on these subjects that would both inform and protect the private investor and the general public."

Gerald Loeb

Loeb first became known for his book "The Battle for Investment Survival", which was popular during the Great Depression and is still considered a classic. [cite book | last =Loeb | first =Gerald | title =The Battle for Investment Survival | publisher =John Wiley and Sons | year =1996 | id = | isbn = 0471132977] Born in 1899, Loeb began his investing career in 1921 in the bond department of a brokerage firm in San Francisco, California. He moved to New York in 1921 after joining with E. F. Hutton & Co., and became vice-chairman of the board when the company incorporated in 1962. The Wall Street Crash of 1929 greatly affected Loeb's investing style, and in his 1971 book "The Battle for Stock Market Profits", he viewed the market as a battlefield. Loeb offered a contrarian investing viewpoint, in books and columns in "Barron's", "The Wall Street Journal", and "Investor Magazine".cite book | last =Boik | first =John | title =Lessons from the Greatest Stock Traders of All Time | publisher =McGraw-Hill Professional | year =2004 | pages =Pages 47-67, "Chapter 3: Gerald M. Loeb" | id = | isbn =0071437886 ] "Forbes" magazine called Loeb "the most quoted man on Wall Street."cite book | last =Krass | first =Peter | coauthors =Contributors Richard Poe, Warren Buffett | title =The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street | publisher =John Wiley and Sons | date = | pages =Page 176 | doi =
isbn = 0471294543] He created the Gerald Loeb Award in order to foster further quality reporting for individual investors.

The Award

The award has been administered by the UCLA Anderson School of Management since 1973, and is sponsored by the G. and R. Loeb Foundation.cite news | last =Staff Reporter | title =Journal Reporters Win Loeb Award | work =The Wall Street Journal | publisher =Dow Jones & Company, Inc. | date =June 29, 2005 | ] cite news | last =Rose | first =Matthew | title =Journal Gets Loeb Award For WorldCom Coverage | work =The Wall Street Journal | publisher =Dow Jones | date =July 2, 2003 | ] [cite book | last =Jenks | first =Philip | coauthors =Stephen Eckett | title =The Global-Investor Book of Investing Rules | publisher =Financial Times Prentice Hall | year =2002 | pages =Page 21 | id = | isbn = 0130094013] [cite book | last =Pacelle | first =Mitchell | title =Empire: A Tale of Obsession, Betrayal, and the Battle for an American Icon | publisher =John Wiley and Sons | year =2002 | pages =Back Cover | id = | isbn = 0471238651] It is regarded as: "business journalism's highest honor," and its "most prestigious." [cite news | last =Editor's Note | title =Uncovering the Shenanigans | work =BusinessWeek | publisher =The McGraw-Hill Companies Inc. | date =July 8, 2002 | url =http://www.businessweek.com/magazine/content/02_27/b3790036.htm | accessdate = 2007-11-12 ] [cite book | last =Klein | first =Alec | title =Stealing Time: Steve Case, Jerry Levin, and the Collapse of AOL Time Warner | publisher =Simon and Schuster | year =2003 | pages =Back Cover | id = | isbn = 074325984X] [cite book | last =Blustein | first =Paul | title =And the Money Kept Rolling in (And Out) | publisher =Public Affairs | year =2006 | pages =Page 279 | id = | isbn = 1586483811] [cite book | last =Shim | first =Jae K. | coauthors =Jonathan Lansner | title =101 Investment Tools for Buying Low and Selling High | publisher =CRC Press | year =2000 | pages ="The Authors" | id = | isbn = 091094413X] The ten categories in which prizes are awarded include: large newspaper, medium newspaper, small newspaper, magazine, commentary, deadline or beat writing, wire services, and television. [cite news | last =Staff Reporter | title =Journal Reporter Wins Loeb Award For Reports on Energy-Industry Crisis | work =The Wall Street Journal | publisher =Dow Jones & Company, Inc. | date =May 30, 2001 | ] Those honored receive a cash prize of USD$2,000, and are presented with the award at a ceremony in July of the year following their piece's publication. The preliminary judging committee includes business, financial and economic journalists, as well as faculty members from the UCLA Anderson School of Management.cite news | last =Staff | title =Judging | work =Gerald Loeb Awards | publisher =UCLA Anderson School of Management | date = | url =http://www.anderson.ucla.edu/x3303.xml | accessdate = 2007-11-12] Once the finalists are selected, a final panel of judges consisting of representatives from major print and broadcast outlets selects a winner from each category. The final panel of judges is chaired by the dean of the UCLA Anderson School of Management. Entries are judged according to their originality, news value, writing quality, thoroughness and balance, and production value.

See also

*Business journalism
*Conscience-in-Media Award
*George Polk Awards
*Investigative journalism
*Worth Bingham Prize

References

Further reading

*cite book | last =Boik | first =John | title =Lessons from the Greatest Stock Traders of All Time | publisher =McGraw-Hill Professional | year =2004 | pages =Pages 47-67, "Chapter 3: Gerald M. Loeb" | id = | isbn =0071437886
*cite book | last =Krass | first =Peter | coauthors =Contributors Richard Poe, Warren Buffett | title =The Book of Investing Wisdom: Classic Writings by Great Stock-Pickers and Legends of Wall Street | publisher =John Wiley and Sons | date = | pages =Pages 176-183, Chapter: "Importance of Correct Timing, Gerald M. Loeb" | id = | isbn = 0471294543
*cite book | last =Loeb | first =Gerald M. | title =Loeb's Checklist for Buying Stocks | publisher =Simon and Schuster | year =1960 | id = | isbn = 0671427059
*cite book | last =Martin | first =Ralph G. | title =The Wizard of Wall Street: The Story of Gerald M. Loeb | publisher =W. Morrow | year =1965 | pages =192 pages | id = |

External links

* [http://www.anderson.ucla.edu/x3287.xml About the Gerald Loeb Awards] , UCLA Anderson, School of Management.
* [http://www.allbusiness.com/services/business-services/4338916-1.html New Loeb Awards Final Judges Announced by UCLA Anderson School of Management] , "Business Wire", May 7, 2007


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