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Cuban invests in new journalism site

Billionaire Mark Cuban is financing a new journalism site focused on exposing corporate fraud, Sharesleuth.com, which will be run by St. Louis Post-Dispatch reporter Chris Carey.

"It will be a blog-style news operation dedicated to exposing securities fraud and corporate malfeasance. We're going to identify questionable companies and tell compelling, deeply researched stories about the people behind them," Carey told CNET News.com.

The new site is raising eyebrows, though, because Cuban says he plans to use the information gathered by the site's reporters to buy and sell stocks before stories are published.

Jun 18, 2006 | E-MAIL | SAVE | PRINT | PERMALINK | DISCUSS(0)



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