Richard Ravitch, who served as New York’s Lieutenant Governor in 2009-10 and currently advises the judge overseeing Detroit’s fiscal crisis, has made a very interesting move. Per a report by Crain’s New York, Ravitch made a donation to CUNY for the purposes of teaching journalists how to better cover the subject of finance. The inaugural one-week intensive is set for August 18 at the Graduate School of Journalism:
“I decided the reporting was not very comprehensive on the subject,” Ravitch said. “Nobody was connecting the dots on the federal budget issues and state and local budget issues…”
“One of the more useful things I could do with my good fortune was to train journalists to write about this subject seriously.”
The Ravitch Fiscal Reporting Program will, additionally, host two-day seminars on various subjects. Ravitch told Crain’s he plans to host a dinner for journalists participating in the program, to be guided by the school’s director of business reporting (and Crain’s alum) Greg David. Application here.