Investigations of the rich and powerful, the multinational corporations and monopoly industries, have all but dried up, say a coterie of journalists still trying to ply their trade. To be sure, enterprise reporting on the network level is far from dead. Investigations are, for instance, still staples at 60 Minutes and PBS's Frontline. But the days of news divisions rich with staff and resources claiming multiple hours a week of primetime real estate with newsmagazines are now history. Producers have felt the sting of contracting budgets and swelling corporate concern over the bottom line. Such conditions have been most inhospitable to reporters working on investigations requiring time and resources; these stories are often magnets for legal action.
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