Obviously these are two examples that illustrate both the good and bad sides of citizen journalism. The good being closer interaction with the audience, potentially closer exposure to events as they are unfolding and the speed at which events are reported. The bad being that there is no controls over the quality of the information being reported - it may be true, it may not. Also, citizen journalists may unwittingly or deliberately trample over the rights of the people being reported on.

I think that reputation is the panacea for the problems described above. Journalists have a reputation to consider when they are reporting. This keeps them focused on reporting the facts and ethically constrained (obviously something has gone horribly wrong at Fox News). As online reputation becomes more of a consideration for Joe or Jill Plumber, hopefully it will mean they too will be more concerned with "getting it right", as far as their tweets, blog posts, and Facebook updates go.

Related posts:

1. Social Collapse – Best Practices
2. The Death of Blogging
3. Rewiring the Brain

• The Aleph Blog - Investment strategies and advice (seems pretty US-centric)
• The Epicurean Deal Maker - Sarchastic, sardonic and humerous insight into Wall Street
• Going Private - The Sardonic Memoirs of a Private Equity Professional - This is an absolutely hilarious blog about the world of Private Equity. Excellent!
• A Fist-full of Euros - An interesting blog focusing on European finance/economics/politics.

Related posts:

1. Financial Blogs
2. Financial models need more complexity?
3. How the Market Cap of Financial Firms has changed

• Robert Peston at the BBC
• AlphaVille from the FT
• Calculated Risk
• Econbrowser

I'm getting more and more information from blogs and forums these days, so I want to try and get as many diverse and informative sources as I can.

Related posts:

1. More Financial Blogs
2. Financial models need more complexity?
3. Seminal Papers on Finance