Best business reporting from abroad in magazines
YEAR: 2003
AWARD NAME: The Morton Frank Award 2003
RECIPIENT: David McClintick
AFFILIATION: Institutional Investor
HONORED WORK: “Inside the Crédit Lyonnais Scandal”
McClintick’s dogged reporting of the scandal at Crédit Lyonnais brought clarity to an important subject — international bank fraud on a massive scale. He produced a tale illuminating the machinations of one of the world’s biggest banks as well as the behind-the-scenes maneuvering of the French and U.S. governments. His documentation of the Crédit Lyonnais fraud illustrates the wrongdoing at the bank and the underside of the politics of international prosecution.
Citation for Excellence:
Pete Engardio, Manjeet Kripalani, Aaron Bernstein
BusinessWeek
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