Binyamin Appelbaum

Binyamin Appelbaum is a Washington correspondent for The New York Times.[1] He covers the Federal Reserve and other aspects of economic policy. Appelbaum has previously worked for The Florida Times-Union, The Charlotte Observer, The Boston Globe and The Washington Post.[2] He graduated in 2001 from the University of Pennsylvania with a B.A. in history.[3] He was executive editor of the student newspaper, The Daily Pennsylvanian.

In 2007 Appelbaum was part of a team of reporters at The Charlotte Observer that helped shed light on the area's high rate of housing foreclosures and questionable sales practices by Beazer Homes USA, one of the United States' largest homebuilders. The Observer′s series led to FBI, IRS, SEC, and HUD investigations of Beazer Homes, which has since stopped making mortgage loans nationwide and stopped building homes in Charlotte, North Carolina.[4][5][6]

The series won a Gerald Loeb Award, a George Polk Award and was a finalist for the 2008 Pulitzer Prize in public service.[7]

A profile of his reporting on the subprime mortgage crisis described how, well before the nation knew about the coming crisis in mortgage lending, Appelbaum "noticed a strange pattern while compiling a list of foreclosed homes in North Carolina’s Mecklenburg County—clusters were concentrated in new developments. Appelbaum wondered if faulty loans were behind the trend".[8]

References

  1. ↑ Brauer, David (16 February 2012). "How the New York Times got the Chisago County entitlements story". minnpost.com. Minneapolis Post. Retrieved 28 May 2015.
  2. ↑ Michael Calderone, "NYT Building Economic Team; Hires Appelbaum", Politico, March 9, 2010.
  3. ↑ Christine Huang, "NY Times Reporter Calls for Improved Financial Literacy" Archived May 29, 2015, at the Wayback Machine., The Daily Pennsylvanian, April 9, 2013.
  4. ↑ Rick Thames, "Observer series named Pulitzer finalist; 'Sold a Nightmare' couldn't have been done without readers", Charlotte Observer, April 8, 2008.
  5. ↑ Don Aucoin, "Globe writer wins Pulitzer Prize for criticism", Boston Globe, April 7, 2008.
  6. ↑ "Globe arts writer Feeney wins Pulitzer", The Boston Globe, April 8, 2008
  7. ↑ "Observer foreclosure series awarded Loeb". Charlotte Observer. 2 July 2008. Retrieved 28 May 2015.
  8. ↑ Kelly Carr, "The Charlotte Observer’s 'Sold a Nightmare'" Archived June 6, 2008, at the Wayback Machine., Business Journalism, January 2008.
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