Scot J. Paltrow is an American

journalist A journalist is an individual that collects/gathers information in form of text, audio, or pictures, processes them into a news-worthy form, and disseminates it to the public. The act or process mainly done by the journalist is called journalism ...

. A

financial journalist Business journalism is the part of journalism that tracks, records, analyzes and interprets the business, economic and financial activities and changes that take place in societies. Topics widely cover the entire purview of all commercial acti ...

, Paltrow currently works for

Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...

. Paltrow is from

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

. He received his

bachelor's degree A bachelor's degree (from Middle Latin ''baccalaureus'') or baccalaureate (from Modern Latin ''baccalaureatus'') is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to six ...

from the

Cornell University College of Arts and Sciences The College of Arts and Sciences (CAS or A&S) is a division of Cornell University. It has been part of the university since its founding, although its name has changed over time. It grants bachelor's degrees, and masters and doctorates through af ...

and a

master's degree A master's degree (from Latin ) is an 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 practice.

from the

London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 millio ...

. 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 which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain. Corruption m ...

Industry, California 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 ...

, "The City of Insiders," resulted in federal and state criminal probes and several

conviction In law, a conviction is the verdict reached by a court of law finding a defendant guilty of a crime. The opposite of a conviction is an acquittal (that is, "not guilty"). In Scotland, there can also be a verdict of "not proven", which is consid ...

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 Star ...

'', where he covered

federal courts Federal court may refer to: United States * Federal judiciary of the United States ** United States district court, a particular federal court Elsewhere * Federal Court of Australia * Federal courts of Brazil * Federal Court (Canada) * Federal co ...

. After the ''Star'' shut down the same year, Paltrow moved to the ''

Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...

'', where he was a reporter in the Los Angeles bureau. In 1985, Paltrow became a European correspondent for the ''Journal'' based in

Brussels Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, Région de Bruxelles-Capitale; nl, link=no, Bruss ...

. In April 1988, Paltrow returned to the United States as New York financial bureau chief for the ''

Los Angeles Times The ''Los Angeles Times'' (abbreviated as ''LA Times'') is a daily newspaper that started publishing in Los Angeles in 1881. Based in the LA-adjacent suburb of El Segundo since 2018, it is the sixth-largest newspaper by circulation in the Un ...

''. During this period he did numerous investigative stories on

Wall Street Wall Street is an eight-block-long street in the Financial District of Lower Manhattan in New York City. It runs between Broadway in the west to South Street and the East River in the east. The term "Wall Street" has become a metonym for t ...

investment bank Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is ...

markets Market is a term used to describe concepts such as: * Market (economics), system in which parties engage in transactions according to supply and demand * Market economy *Marketplace, a physical marketplace or public market Geography *Märket, a ...

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 hedge ...

." 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 award ...

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-born American business magnate. Through his company News Corp, he is the owner of hundreds of local, national, and international publishing outlets around the world, including ...

's purchase of

Dow Jones & Company Dow Jones & Company, Inc. 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'', ''Financial News'' and ''Private Equ ...

(which owns the ''Wall Street Journal''), Paltrow left the paper and joined Condé Nast's

Portfolio.com Portfolio.com was a website published by American City Business Journals that provideed news and information for small to mid-sized businesses (SMB). It was previously the website for the monthly business magazine ''Condé Nast Portfolio'', pub ...

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

, where he and fellow financial journalist

Mark Hosenball Mark Hosenball is an American national security correspondent and investigative reporter at ''Reuters''. Prior to joining Reuters in September 2010, he worked for ''Newsweek''. He started there in November 1993, after working at Dateline NBC as ...

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 Financial crime is crime committed against property, involving the unlawful conversion of the ownership of property (belonging to one person) to one's own personal use and benefit. Financial crimes may involve fraud (cheque fraud, credit card frau ...

, specifically covering criminal and civil investigations related to the

financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...

, 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 The Society for Advancing Business Editing and Writing is an association of business journalists. Originally founded as the Society of American Business Editors and Writers, in 2018, it changed its name "as part of a broader effort to embrace a g ...

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 extensivel ...

. 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 research and advocacy organization which presents a liberal viewpoint on economic and social issues. It has its headquarters in Washington, D.C. The president and chief executive office ...

.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 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. The award was estab ...

for Large Newspapers for an investigative series on

Prudential Securities Prudential Securities, also formerly known as Prudential Securities Incorporated (PSI), was the financial services arm of the insurer, Prudential Financial. In 2003, Prudential Securities was merged into Wachovia Securities, a division of Wachovi ...

. 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, letter ...

References

External links

Scot J. Paltrok Feed
from

{{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

References

Further reading

External links