Sub prime crisis predictor Journalist Mark Pittman passed away

Mark Pittman one of the only award-winning financial journalists who brought Federal Reserve under the scanner died on November 25th in Yonkers, New York. Mark aged 52 was believed to be suffering from heart ailment. In 2007 Pittman wrote stories predicting the imminent collapse of the banking system which led Bloomberg News to win a court case against the central bank. He won Gerald Loeb Award from the UCLA Anderson School of Management, the highest honour in financial journalism.

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