Wall Street Journal Closes Its Boston Bureau

EconomicPolicyJournal.com ^

[Kozman]

...Today we told our team in Boston that we are closing the bureau in its present form. The economic background to the closure is painfully obvious to us all. An investigative function will remain in Boston, but the core reporting team will be disbanded, though all nine reporters affected will certainly be able to apply for openings elsewhere on the paper. Coverage of the Boston mutual fund industry will switch to the Money and Investing team and we are creating an enhanced New York-based education team...

[the invisib1e hand]

Boston never struck me as a “Wall Street Journal” kind of town.

[charles1252]

Agreed, Who knew they ever had one?

[muawiyah]

As the Boston commercial district continues its drift into oblivion ~

I do believe there's more going on in the shadow of the Humana hospital in downtown Louisville KY.

[Lonesome in Massachussets]

Boston invented the mutual fund and has a thriving finacial sector, though nothing like Wall Street.

[sig226]

indeed. tons of money in boston - i guess wsj is also feeling the pinch.

[the invisib1e hand]

Thanks for the education. I grew up there. And I reiterate my point.

[Buckeye McFrog]

during the Tech Bubble years it probably made sense to have a bureau in Boston, not anymore.

[Oratam]

Upon careful analysis of their balance sheets, the WSJ asked "What would a prudent man do?"

[SamAdams76]

Chalk one up for the good guys