aTypical Joe: a gay New Yorker living in the rural South

Tuesday, June 27, 2006

AJC’s “Borrower Beware” recognized

I didn’t know - but it doesn’t surprise me - that Georgia has “notoriously anti-consumer lending laws.”

Tipped off by Romenesko, I see that an Atlanta Journal-Constitution series on those laws has won a Loeb Award, (named for Gerald Loeb, a founding partner of E.F. Hutton):

The Associated Press won a Loeb award, the highest honor in business journalism, for a story examining a government loan program, and the Atlanta Journal-Constitution won for its series on Georgia’s notoriously anti-consumer lending laws.

The Journal-Constitution’s Ann Hardie, Carrie Teegardin and Alan Judd wrote “Borrower Beware,” which documented links between state lawmakers, regulators and the lending and auto industry. The series also revealed that the state often blamed consumers for the unscrupulous tactics to which they fell prey.