Earlier this month, the U.S. Treasury Department acknowledged that blogs provide authoritative content when they invited approximately 20 financial bloggers to a two-hour round table discussion. Eight of the invited financial bloggers attended the round table on November 2, 2009 with the Treasury secretary, Tim Geithner, and other senior Treasury Department officials.
Among the financial bloggers in attendance were several whose authoritative content is distributed through Newstex, including:
- Michael Panzner of Financial Armageddon (read my interview with Michael from earlier this year here)
- Yves Smith of Naked Capitalism
- David Merkel of The Aleph Blog
- Accrued Interest
You can read their blog post recaps of the round table discussion with the Treasury Department officials in the following posts:
- Curious Meeting at the Treasury from Naked Capitalism
- My Visit to the Treasury from The Aleph Blog Part 1, Part 2, Part 3, Part 4, Part 5, Part 6, Part 7
- A Few Observations of My Own from Financial Armageddon
- Financial Regulation: How Would You Have It Work? from Accrued Interest
According to an article in The New York Times, the financial blogger audience surprised the Treasury officials who found them to be better informed than the groups the Treasury officials are used to talking to.
That’s just one more verification of what we already knew — bloggers can produce highly Authoritative Content!