E._Reckard

E. Scott Reckard

Financial writer, The Associated Press and Los Angeles Times

E. Scott Reckard spent more than 30 years as a journalist for The Associated Press and the Los Angeles Times. He became the AP’s Los Angeles business writer in 1989, just as prosecutors ramped up criminal fraud cases against Charles H. Keating Jr. and others involved in the savings and loan debacle. He also has written about such notorious financial figures as Michael Milken, the fallen king of junk bonds; Barry Minkow, the teen tycoon whose ZZZZ Best carpet cleaning company was exposed as a huge con job; Robert Citron, the Orange County treasurer whose interest rate bets ended in an enormous municipal bankruptcy; and Angelo Mozilo, whose Countrywide Financial was the nation’s biggest subprime home lender before its collapse ushered in the financial crisis.

A 2005 Times series by Reckard and Michael Hudson, exposing rampant fraud at subprime giant Ameriquest Mortgage Co., was described by The Columbia Journalism Review as 'the unicorn of business coverage' at a time when most regulators and news operations seemed oblivious to the corruption and recklessness that spawned the Great Recession. Reckard’s 2013 Wells Fargo coverage won a “Best in Business” award from the Society of American Business Editors and Writers, and was a finalist in the 2014 Gerald Loeb Awards for distinguished financial journalism. Now working as a consultant for a financial technology firm, he lives in Laguna Beach, Calif., with his wife, Andrea, the editor of a local newspaper.


Appearances

  • Thumbnail for Hard Sell, Hard Fall: The Wells Fargo Phony Accounts Debacle
    Identification
    FVC1759
    Date
    November 14, 2017
    The inside story of how the Los Angeles Times brought to light the unrelenting sales pressure that led Wells Fargo bankers to open millions of unwanted bank and credit card accounts, resulting in hundreds of millions of dollars in fines and settlements and the exit in disgrace of the bank’s longtim…

    Speaker

    Speaker Image for E. Reckard
    Financial writer, The Associated Press and Los Angeles Times
    $49
    Standard Price

This site uses cookies to store information on your computer. Some are essential to make our site work, others help us improve, the user experience. By using the site, you consent to the placement of these cookies. Visit our Privacy Center to learn more.