Most folks trust the top financial newspapers and magazines in the world, and there are many. They are also very good at holding their integrity by only printing reality based articles and reporting the factual news. Indeed, I've been very impressed with the Wall Street Journal as they modify their financial newspaper to also capture a larger audience of folks who are taking the New York Times.
Interestingly enough, the New York Times like most newspapers in the country have declined in subscriptions, and the Wall Street Journal is among just a handful of newspapers which has increased their subscriptions in 2010 and 2011. Apparently the WSJ is doing quite a bit of innovation in digital media, along with their strategic modifications of the financial news. The Weekend WSJ is quite trendy, without being silly or wasteful, as many of the larger newspapers Sunday editions are filled with irrelevant stories, and flooded with inserts.
There was an interesting article recently in Physorg [dot] com which was titled "Wall Street Journal Launches WikiLeaks Rival" and posted on May 5, 2011 - based on Associated Free Press Content online. The article's teaser sentence was this; "The Wall Street Journal launched a WikiLeaks rival called "SafeHouse" on Thursday, calling for online submissions to help uncover fraud and abuse in business and politics."
Does this mean the Wall Street Journal is looking towards citizen journalists and whistleblowers to give and feed them the information they need? If you read the WSJ you will realize that there is a section called "Heard It on the Street" which has various rumors which are circulating around Wall Street. There is always interesting information in that small column, and I suppose it is one of the most read pieces in their daily financial newspaper.
Perhaps it is for this reason that they hope to expand that by asking their readers to send them more information on what's really going on behind the scenes. I'd say I would trust the Wall Street Journal over WikiLeaks not to put out information which would be detrimental to our economy, our government, or large corporations, but would rather help out with true transparency and better insight to help investors make better decisions.
All the WSJ has to do now is figure out a way to collect the whistleblower information and protect their sources at the same time, I imagine they are working out those security details now. That will be a tricky thing to do, but for an innovative company with increasing subscribership it looks to me as if it is a brilliant move. Indeed I hope you will please consider all this and think on it.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes writing 23,100 articles was a lot of work - because all the letters on his keyboard are now worn off..
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