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Business reporters confess news sins while U.S. economy collapsed

In a windowless room at the Westin Hotel in downtown Denver, leading business journalists and editors explained how the media "blew it" in covering the economic meltdown. They admitted, on one hand, to falling under the sway of free-market ideology and celebrating risk-taking financial leaders and, on the other, to missing the complex story of the rupturing system by only reporting it in parts and to almost no effect for the past decade.