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Hancock Award Winners Announced; AP’s Sid Moody Among Them

June 2, 1986

BOSTON (AP) _ Winners have been announced in the 19th annual Awards for Excellence in Business and Financial Journalism, sponsored by the John Hancock Mutual Life Insurance Co.

The winners, who were judged to have contributed significantly to improved understanding of business and finance during 1985, will receive $5,000. Multiple winners in each of the six entry categories will share that award.

The winners were:

-Syndicated and wire service news category, Sid Moody of The Associated Press for a three-part series examining medical malpractice issues. The series, titled ″Malpractice,″ illustrated the polarization between doctors and lawyers resulting from the growing number of malpractice suits.

-National general-interest magazine category, James Fallows of The Atlantic for ″America’s Changing Economic Landscape,″ which discussed the economic decline of some of the nation’s major industrial cities.

-Financial-business newspapers and magazines, Dean Rotbart of The Wall Street Journal for ″Market Hardball,″ which examined the practice of selling stocks short in hopes of profiting from a price decline.

-Newspapers above 300,000 circulation, shared by two teams from the Long Island, N.Y.,-based newspaper Newsday. The team of Brian Donovan and Bob Porterfield won for a seven-part series, ″Public Money, Private Deals,″ which exposed corruption in Long Island’s industrial development loan system.

A team of Irene Virag, Bradford O’Hearn, Paul Vitello, Lawrence Levy, Robert Fresco and Jonathan Isaac Landman won for their six-part series, ″Property Taxes: The Unbalanced Burden,″ which revealed inequities in New York’s property tax system that penalize minorities, owners of low-priced houses and new residents.

-Newspapers with circulation from 100,000 to 300,000, Stephen Dunphy and Peter Rinearson of The Seattle Times for a two-part series, ″The Pacific Rim: Drawing a New Trade Map,″ which examined U.S. business and trade relations with East Asian countries and the economic impact on the United States of advancements in these nations.

-Newspapers under 100,000 circulation, David Hardin and the staff of The Clarion-Ledger of Jackson, Miss., for an eight-part series, ″The State We’re In,″ explaining how changes in the national and international marketplace were affecting the poverty rate, educational system and economy in Mississippi, already the nation’s poorest state.

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