The Gerald Loeb Award is given annually for multiple categories of business reporting. The "Magazine" category is one of the two original categories awarded in 1958 (the other being "Newspaper"), with the last award given in 2014. The category included articles published the prior year in national and regional periodicals until 2008, when it was expanded to include magazine supplements to newspapers. Previously, newspaper magazine supplements were entered into an appropriate newspaper category. The "Magazine" and "Large Newspaper" categories were replaced by the "Feature" category in 2015.
Winners (1958–2014)
1958: "Cooperation of Businessmen and Municipal Government" by Werner Renberg, Business Week
He was awarded for his series on the maintenance and development of prosperous American cities through cooperation between municipal governments and businesses.
1959: Ernest Havemann, Life
Article: "What's Happened to the Business Boom", January 6, 1958
1960: "Pricing Ourselves Out of the Market?" by John A. Conway, Newsweek 1961: Leonard S. Silk, Business Week
Article: "The United States Invents a New Way to Grow", January 23, 1960
1962: "The Incredible Electrical Conspiracy" by Richard Austin Smith, Fortune
Articles in series: April 1961 May 1961
Special Achievement: "History of American Business" by John Chamberlain, Fortune Special Achievement: "The Coming Bust in the Real Estate Boom" by Daniel M. Friedenberg, Harper's Magazine 1963: "The Stock Market's wildest week – will the rally keep rolling?" by Sandford Brown, Newsweek Special Achievement: Gilbert H. Clee, Harvard Business Review Special Achievement: Robert W. Murray Jr., House & Home 1964: John Brooks, The New Yorker
The article describes the May 28, 1962, stock market decline.
Article: "The Fluctuation", August 31, 1963 Special Achievement: John Maughan, Business Week Article: "The Negro Drive for More Jobs", August 17, 1963 Special Achievement: Max Ways, Fortune Article: "Labor Unions Are Worth the Price", May 1963 1965: Lee Silberman, The Harvard Business Review
Article: "Critical Examination of S.E.C. Proposals", November–December 1964
1966: "Technology and the Labor Market" by Charles E. Silberman, Fortune
Articles in Series: "The Real News About Automation", January 1965 "The Comeback of the Blue Collar Worker", February 1965
1967: Max Ways, Fortune
Article: "Antitrust in an Era of Radical Change", March 1966
1968: Michael Laurence, Playboy
Article: "Playboy Plays the Commodities Market", August 1967
1969: "In Defense of Sterling" by John Brooks, The New Yorker
Articles in Series: "Annals of Finance: In Defense of Sterling – I", March 23, 1968 "Annals of Finance: In Defense of Sterling – II", March 30, 1968
1970: John F. Lyons, Investment Banking and Corporate Financing
Article: "Earnings: Can Anyone Believe the Numbers?", Autumn 1969
1971: Chris Welles, International Investor
Article: "Is More Less? Is Faster Slower? Is Bigger Smaller", September 1970
1972: Kenneth Auchincloss, Newsweek
Article: "Nixon's Frozen, Fleeting Dollar", August 30, 1971
1973: Everett Mattlin, Corporate Financing
He was awarded for an article on real estate in the November–December issue.
1974: Carol J. Loomis, Fortune
Article: "How the Terrible Two Tier Market Came to Wall Street", July 1973
1975: Marshall Loeb, Time
Article: "Faisal and Oil", January 6, 1975
1976: "Capital Crisis" by Gordon Williams, Business Week
"Capital Crisis" was a special issue of Business Week magazine examining the ability of U.S. businesses to generate $4.5 trillion in new capital to maintain economic growth over the subsequent 10 years at the existing rate.
1977: "Inflation Is Too Serious a Matter To Leave to the Economists" by David Warsh and Lawrence Minard, Forbes 1978: Lewis Lapham, Harper's
Article: "The Energy Debacle", August 1977
1978: (Honorable Mention) William Tucker, Harper's
Article: "Environmentalism and the Leisure Class", December 1977
1979: William Tucker, Harper's 1979: (Honorable Mention) Robert Heilbroner, The New Yorker 1980: "Demography's Good News for the Eighties" by Walter Guzzardi Jr., Fortune 1981: William Tucker, Harper's
Article: "The Wreck of the Auto Industry", November 1980
1982: "An American Fortune" and "Silver Thursday" by L. J. Davis, Harper's
He was awarded for a two-part series on the Hunt brothers attempt to corner the world silver market.
Articles in Series: "An American Fortune", April 1981 "Silver Thursday", May 1981
1983: Joseph Nocera, Texas Monthly
His story examines American business mergers.
Article: "It's Time to Make a Deal", October 1982
1984: "Quarterly Reports" by Andrew Tobias, Playboy
He was awarded for a series on personal finance.
1985: "The Golden Boy" by Richard L. Stern, Forbes
The story is an exposé on Robert Brennan and First Jersey Securities.
1985: "Full Speed Ahead - Damn the Torpedoes" by Howard Rudnitsky and Allan Sloan, Forbes
They were awarded for an investigative piece on Financial Corporation of America.
1986: "The Crisis in Management: Where Do You Draw the Line?" by Barbara Donnelly, Institutional Investor 1987: "Trouble!" William C. Symonds and editorial team, Business Week 1988: "Hard Times" by Robert Heilbroner, The New Yorker 1989: Eric Schurenberg and Lani Luciano, Money
The story is an exposé on the American Association of Retired Persons.
Article: "The Empire Called AARP", October 1, 1988
1989: Carol J. Loomis, Fortune
The story is about the investment firm Kohlberg Kravis Roberts & Co.
Article: "Buyout Kings", July 4, 1988
1990: "The Litigation Scandal" by Peter Brimelow and Leslie Spencer, Forbes
This investigative piece describes how injury lawyers skirt ethical lines to collect $10–$20 million a year in contingency fees.
1991: "Series of Articles on the IRS" by Joseph S. Coyle, Frank Lalli, Denise Topolnicki, Elizabeth MacDonald, and Robert Wool, Money 1991: "The World of Business: Deal of the Year" by Connie Bruck, The New Yorker
The story is about the Time-Warner merger.
1992: "Series of Articles on the BCCI Scandal" by Jonathan Beaty and S. C. Gwynne, Time 1992: "Scientology: The Cult of Greed" by Richard Behar, Time 1993: "The Job Drought" by Brian O'Reilly, Fortune 1994: "Divided Dynasty" by Bryan Burrough, Vanity Fair
The story is about the Haft family business feud.
1995: "The Politics of Wind" by Phillip Longman, Florida Trend 1996: "Fatal Litigation" by Joseph Nocera, Fortune 1997: "Abuse of Power" by Mark Maremont and Jane Sasseen, Business Week 1998: "New Economy" by Michael Mandel and Dean Foust, Business Week
They were awarded for providing intuitive and on-target economic analysis.
1999: "Bull Marketing" by Shane Tritsch, Chicago 2000: "Cheap Car Parts Can Cost You a Bundle" by Jeff Blyskal, Consumer Reports
His article exposed and added valuable data on a major problem in the automotive industry that confuses consumers.
2001: "AOL's Rough Riders" by Gary Rivlin, The Industry Standard 2002: "The Numbers Game, Why Earnings Are Too Rosy" by David Henry and Nanette Byrnes, Business Week
Articles in Series: "The Numbers Game", May 14, 2001 "Why Earnings Are Too Rosy", August 13, 2001 "Confused About Earnings?", November 26, 2001
2003: "Nationalities of Convenience" by Hal Lux, Institutional Investor
His article on offshore corporations led to follow-up reporting by others as well as proposed congressional legislation.
2004: "Is Your Job Next? / The Rise of India” by Aaron Bernstein, Pete Engardio, and Manjeet Kripalani, BusinessWeek
Articles in Series: "Is Your Job Next?", February 3, 2003 "The Rise Of India", December 8, 2003
2005: "The Toll of a New Machine" by Charles Fishman, Fast Company 2005: "Why We're Losing the War on Cancer (and How to Win It)" by Clifton Leaf, Fortune 2006: "Why Carly's Big Bet Is Failing, How the HP Board KO'd Carly" by Carol Loomis, Fortune
Her story proves that the HP-Compaq merger was a bust.
2007: "How Many Lightbulbs Does It Take to Change the World? One." by Charles Fishman, Fast Company
His "beautiful and persuasive" story is about energy conservation and personal responsibility. It is a "wonderful example of explanatory journalism."
2008: "House of Junk" by Allan Sloan Fortune
His story about the subprime crisis stood out "in depth of reporting and quality of writing." He dissected a subprime mortgage deal to succinctly describe what happened and why. The story illustrated the conflicts of interested on Wall Street as firms sold subprime mortgages to investors while shorting similar investments.
2008: (Honorable Mention) "In Nature's Casino" by Michael Lewis, The New York Times Magazine
His story made the complex subject of catastrophe and insurance accessible and entertaining by focusing on a hedge fund manager's risk calculations designed to ensure the market absorbs the costs of large-scale disasters instead of the insurance industry alone.
2009: "Obamanomics" by David Leonhardt, The New York Times Magazine 2010: "How Bernie Did It" by James Bandler, Nicholas Varchaver, and Doris Burke, Fortune
The story explained the Ponzi scheme perpetrated by Bernie Madoff.
2011: "End-of-Life Warning at $618,616 Makes Me Wonder Was It Worth It." by Amanda Bennett and Charles R. Babcock, Bloomberg Businessweek
The story was about the death of Bennett's husband.
Articles in Series: "End-of-Life Warning at $618,616 Makes Me Wonder Was It Worth It", March 4, 2010 "Chest Scan Costs $550 to $3,232 in Opaque Market for Radiology", March 4, 2010 "Avastin Dose Costing $6,600 became $27,360 in Hospital Billing", March 4, 2010
2012: "Inside Pfizer's Palace Coup" by Peter Elkind, Jennifer Reingold, and Doris Burke, Fortune 2013: "Cashier du Cinema" by Connie Bruck, The New Yorker 2013: "Why Things Fail" by Robert Capps, Wired 2014: "Stranded: An iPhone Tester Caught in Apple's Supply Chain" by Cam Simpson, Bloomberg Businessweek
References
External links Gerald Loeb Award historical winners list