Steven Pearlstein

Doom and Gloom Opining Wins WashPo Columnist a Pulitzer Prize

By Jeff Poor | April 7, 2008 - 18:30 ET

Congratulations to The Washington Post's Steven Pearlstein - being on the "economy is destined for calamity" bandwagon early. It has won you a Pulitzer Prize.

Pearlstein was named as one of the recipients of the 2008 Pulitzer Prizes, for his columns on the nation's economic problems. Granted, Pearlstein called the fundamental problems with some of the shenanigans going on in the home mortgage early. But, he hasn't stopped there.

If you keep banging the downbeat economy drum, you'll be rewarded. According to the Pulitzer Prize citation for his award, Pearlstein was awarded the most coveted award in print journalism for "his insightful columns that explore the nation's complex economic ills with masterful clarity."

Post Business Columnist Hopes Financial Markets 'Burn, Baby, Burn'

By Nathan Burchfiel | February 20, 2008 - 18:23 ET

The financial sector must “burn, baby, burn” to teach financial professionals a lesson about priorities and motives, according to a reporter-turned-columnist for The Washington Post.

Steven Pearlstein, a one-time reporter for the Post who now pens a column for the newspaper, wrote February 20 that “the best thing that could happen to our economy is for a dozen high-profile hedge funds to collapse; for investment banking to enter a long, deep freeze; for a major bank to fail; and for the price of a typical Park Avenue duplex to fall by 30 percent.”

“For only then,” Pearlstein wrote, “might we finally stop genuflecting before the altar of unregulated financial markets and insist that Wall Street serve the interest of Main Street, rather than the other way around.”

He didn’t explain how hedge funds collapsing or banks failing would help Americans. Instead, he opted to cheer for a situation that would see millions of people suffer, admitting his was a “harsh and vengeful solution, and there will be lots of collateral damage.”

WaPo's Pearlstein: Fred Thompson a 'Joke,' and a 'Nothing-burger'

By Dan Gainor | October 10, 2007 - 11:51 ET

Never doubt the left-wing tilt of the Washington Post - even the Business section. Today's Steven Pearlstein column delivered the almost universal left-wing outlook on yesterday's GOP debate.

It was bad enough that moderator Chris Matthews didn't ask enough business/economy questions - choosing instead to dwell on capturing Osama or inside baseball about politics. But Pearlstein took a noxious outlook on the debate and blasted former Sen. Fred Thompson in a chat that followed.

"The truth is, when you compare Ron Paul to Fred Thompson on substance, Thompson comes across as a nothing-burger," Pearlstein said during the Post chat. Later on, he got even more mean-spirited.