Scot J. Paltrow
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Scot J. Paltrow is an American
journalist A journalist is a person who gathers information in the form of text, audio or pictures, processes it into a newsworthy form and disseminates it to the public. This is called journalism. Roles Journalists can work in broadcast, print, advertis ...
. In a career devoted to
investigative reporting Investigative journalism is a form of journalism in which reporters deeply investigate a single topic of interest, such as serious crimes, racial injustice, political corruption, or corporate wrongdoing. An investigative journalist may spend m ...
, Paltrow worked for the Washington bureaus of
The Los Angeles Times The ''Los Angeles Times'' is an American daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo since 2018, it is the sixth-largest newspaper in the U.S. and the larges ...
, The
Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
, then
Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...
global investigative group. Paltrow is from
New York New York most commonly refers to: * New York (state), a state in the northeastern United States * New York City, the most populous city in the United States, located in the state of New York New York may also refer to: Places United Kingdom * ...
. He received his
bachelor's degree A bachelor's degree (from Medieval Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate degree awarded by colleges and universities upon completion of a course of study lasting three to six years ...
from the
Cornell University College of Arts and Sciences The Cornell University College of Arts and Sciences (CAS or A&S) is an academic college at Cornell University. It has been part of the university since its founding in 1865, although its name has changed over time. It is the largest of Cornell Univ ...
and a
master's degree A master's degree (from Latin ) is a postgraduate academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional prac ...
from the
London School of Economics The London School of Economics and Political Science (LSE), established in 1895, is a public research university in London, England, and a member institution of the University of London. The school specialises in the social sciences. Founded ...
. Paltrow's journalism career began in 1977 when he joined the ''
Memphis Commercial Appeal ''The Commercial Appeal'' (also known as the ''Memphis Commercial Appeal'') is a daily newspaper of Memphis, Tennessee, and its surrounding metropolitan area. It is owned by the Gannett Company; its former owner, the E. W. Scripps Company, also ...
'' as a reporter. The following year, he joined the ''
Los Angeles Herald-Examiner The ''Los Angeles Herald Examiner'' was a major Los Angeles daily newspaper, published in the afternoon from Monday to Friday and in the morning on Saturdays and Sundays. It was part of the Hearst syndicate. It was formed when the afternoon ' ...
'', where his investigative series on
corruption Corruption is a form of dishonesty or a criminal offense that is undertaken by a person or an organization that is entrusted in a position of authority to acquire illicit benefits or abuse power for one's gain. Corruption may involve activities ...
in
Industry, California The City of Industry is a city in the San Gabriel Valley, in eastern Los Angeles County, California, United States. The city is almost entirely industrial, containing over 3,000 businesses employing 67,000 people, with only 264 residents as of ...
, "The City of Insiders," resulted in federal and state criminal probes and several
conviction In law, a conviction is the determination by a court of law that a defendant is Guilty (law), guilty of a crime. A conviction may follow a guilty plea that is accepted by the court, a jury trial in which a verdict of guilty is delivered, or a ...
s. In 1981, Paltrow moved to the ''
Washington Star ''The Washington Star'', previously known as the ''Washington Star-News'' and the ''Washington'' ''Evening Star'', was a daily afternoon newspaper published in Washington, D.C., between 1852 and 1981. The Sunday edition was known as the ''Sunday ...
'', where he covered federal courts. After the ''Star'' shut down the same year, Paltrow moved to the ''
Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'', where he was a reporter in the Los Angeles bureau. In 1985, Paltrow became a European correspondent for the ''Journal'' based in
Brussels Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalit ...
. In April 1988, Paltrow returned to the United States as New York financial bureau chief for the ''
Los Angeles Times The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...
''. During this period he did numerous investigative stories on
Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...
investment bank Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...
s, markets and the
insurance industry Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
." While at the ''Times'', Paltrow won a 1993
George Polk Award The George Polk Awards in Journalism are a series of American journalism awards presented annually by Long Island University in New York in the United States. A writer for Idea Lab, a group blog hosted on the website of PBS, described the awar ...
for Financial Reporting. Paltrow returned to the ''Wall Street Journal'' in May 1997 and served as senior special writer based in New York and writes for the paper's Washington bureau. In 2007, following
Rupert Murdoch Keith Rupert Murdoch ( ; born 11 March 1931) is an Australian - American retired business magnate, investor, and media mogul. Through his company News Corp, he is the owner of hundreds of List of assets owned by News Corp, local, national, a ...
's purchase of
Dow Jones & Company Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', '' MarketWatch'', ''Mansion Global'' ...
(which owns the ''Wall Street Journal''), Paltrow left the paper and joined Condé Nast's Portfolio.com as a contributing editor, starting September 1, 2007, following another longtime ''Journal'' journalist who moved to Portfolio.com, Peter Waldman. In September 2010, Paltrow moved to
Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...
, where he and fellow financial journalist Mark Hosenball were brought on as "key hires" in an effort to expand Reuters' "coverage of business, Wall Street and Washington."Betsy Rothstein
Reuters Makes 'Key Hires' in D.C.
(September 15, 2010). FishbowlDC.
Paltrow joined Reuters to cover "
financial crimes Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an ...
, specifically covering criminal and civil investigations related to the
2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...
, as well as the effort to more closely regulate and police the financial world." In 2012, Paltrow won a Society of American Business Editors and Writers Best in Business Awards in the Explanatory/News Agency category for his investigation into banks' use of
robo-signing The 2010 United States foreclosure crisis, sometimes referred to as Foreclosure-gate or Foreclosuregate, refers to a widespread epidemic of improper foreclosures initiated by large banks and other lenders. The foreclosure crisis was extensively ...
. Paltrow has written a report, ''The Case for a Stronger Federal Role in Insurance Regulation: Weak State Regulation Highlights the Need for Federal Oversight of Health Premiums'', for the
Center for American Progress Action Fund The Center for American Progress (CAP) is a public policy think tank, research and advocacy organization which presents a Modern liberalism in the United States, liberal viewpoint on Economic policy, economic and social issues. CAP is headquarter ...
.Scot J. Paltrow. ''The Case for a Stronger Federal Role in Insurance Regulation: Weak State Regulation Highlights the Need for Federal Oversight of Health Premiums'' (June 25, 2010). Center for American Progress Action Fund. Paltrow has received the 1994
Gerald Loeb Award The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was e ...
for Large Newspapers for an investigative series on Prudential Securities. Paltrow won 1992 and 1993 John Hancock Awards for Excellence in Business & Financial Journalism, the 1994 Los Angeles Times Editorial Award, the Unity Award in Media, and a 2001 Deadline Club Award from New York City Chapter of the
Society of Professional Journalists The Society of Professional Journalists (SPJ), formerly known as Sigma Delta Chi, is the oldest organization representing journalists in the United States. It was established on April 17, 1909, at DePauw University,2009 SPJ Annual Report, lette ...
.


References


Further reading

* — Examines "how the Pentagon’s record-keeping dysfunction results in widespread pay errors that inflict financial hardship on soldiers and sap morale." * — The "second installment in a series in which Reuters delves into the Defense Department’s inability to account for itself." Reports on the U.S.
Defense Finance and Accounting Service The Defense Finance and Accounting Service (DFAS) is an agency of the United States Department of Defense (DOD), headquartered in Indianapolis, Indiana. The DFAS was established in 1991 under the authority, direction, and control of the Under S ...
,
Defense Contract Audit Agency The Defense Contract Audit Agency (DCAA) is an agency of the United States Department of Defense under the direction of the Under Secretary of Defense (Comptroller). It was established in 1965 to perform all contract audits for the Department o ...
,
Defense Logistics Agency The Defense Logistics Agency (DLA) is a combat support agency in the United States Department of Defense, United States Department of Defense (DoD). The agency is staffed by more than 26,000 civilian and military personnel throughout the world. ...
, Business Transformation Agency, Letterkenny Army Depot, Eastern Distribution Center in Pennsylvania; and the private-sector
Computer Sciences Corporation Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with the Enterprise Services line of business of HP Ente ...
of Virginia.


External links


Scot J. Paltrok Feed
from
Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...
{{DEFAULTSORT:Paltrow, Scot J. Cornell University alumni American business and financial journalists American male journalists George Polk Award recipients Journalists from New York (state) Year of birth missing (living people) Living people The Wall Street Journal people Los Angeles Times people Reuters people Gerald Loeb Award winners for Large Newspapers