The Sorkin-Nocera disagreement is especially notable because while Nocera is a prominent business columnist, Sorkin is a prominent columnist and a senior editorial leader of the Times business section as head of DealBook, which recently announced a dramatic expansion.
We welcome the additional boots on the ground. I was glad to see that Jesse Eisinger, no Wall Street apologist he, is getting a column over there.
But still, DealBook’s focus is explicitly Wall Street-centric, as a recent Times press release itself says (my emphasis):
Launched in October 2001 as a daily financial report sent by Mr. Sorkin via e-mail, DealBook has since grown exponentially to serve the C-Suite audience, establishing itself as an essential, trusted source of news for industry leaders in finance, banking, brokerage, legal and real estate.
Now, I don’t think I’m going out on a limb here to say that the C-Suite interest and the public interest aren’t always in perfect alignment (how’s that for understatement?).
We’re optimistic here, so we won’t take that “serving C-Suite” bit too literally.
But it’s worth watching closely.