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Crisis by any other name. (Comment).


LAST week's most important news story was the mess over at the ports. In terms of an event that had the greatest consequences of the largest number of people, both locally and around the world, it wasn't even a contest.

Last week's most well covered story was the shooting spree in the Washington, D.C. area. Frightening, mysterious, sensational sen·sa·tion·al  
adj.
1. Of or relating to sensation.

2. Arousing or intended to arouse strong curiosity, interest, or reaction, especially by exaggerated or lurid details:
 and located in the second largest concentration of journalists in the country, this too wasn't even a contest.

At the risk of generalizing about the way the news business works, there are usually two types of stories - ones that reporters and editors want to cover and ones that they are obliged o·blige  
v. o·bliged, o·blig·ing, o·blig·es

v.tr.
1. To constrain by physical, legal, social, or moral means.

2.
 to cover. Any thing involving crime, sex and politics usually fall into the first category, while most everything having to do with the economy winds up in the second.

Such editorial decision-making is a big deal because it helps shape perceptions and with it, viewpoints. That's too bad "That's Too Bad" is the debut single by Tubeway Army, the band which provided the initial musical vehicle for Gary Numan. It was released in February 1978 by independent London record label Beggars Banquet.  because by the end of last week, the prevailing message going out was that the dockworkers were back at work and the crisis-if indeed there ever had been a crisis-was over.

Never mind that the two sides remain miles apart from cutting a deal, The media world is pretty selective about the types of stories it chooses to saturate sat·u·rate
v. Abbr. sat.
1. To imbue or impregnate thoroughly.

2. To soak, fill, or load to capacity.

3. To cause a substance to unite with the greatest possible amount of another substance.
 and international trade isn't about to make the cut.

Actually, the port story never really had a chance to make it big on several counts. It certainly wasn't telegenic tel·e·gen·ic  
adj.
Having a physical appearance and exhibiting personal qualities that are deemed highly appealing to television viewers: "Do we insist on a telegenic President?" William F.
 enough for the broadcast types; a bunch of angry dockworkers and ships stuck in the Pacific Ocean aren't much match against cops in search of a mad killer.

The lockout's effects also haven't been quantifiable Quantifiable
Can be expressed as a number. The results of quantifiable psychological tests can be translated into numerical values, or scores.

Mentioned in: Psychological Tests
 enough. All week long economists were throwing around $1 billion a day, then $2 billion a day, but these turned out to be guesses and besides, no one seemed to know what such numbers really meant anyway.

Perhaps most important, there was a "too big to fail" mindset mind·set or mind-set
n.
1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations.

2. An inclination or a habit.
 - basically the notion that unlike a terrorist threat, where you're dealing with crazy people liable to do anything to get their way, a labor dispute, no matter how ugly, eventually gets sorted out because it's in everyone's best interest.

Compare the modest attention on the ports with the hour-by-hour "team" coverage of this summer's baseball talks. You would have thought that the future of the republic was hanging in the balance. No surprise, really, because sports - and show business - long have been the news media's spoiled kids and as such, they get covered to death.

The ports, meanwhile, are routinely ignored because it is considered inherently boring, many miles from most newsrooms, and with its nontalkative, non-glamorous players, confusing con·fuse  
v. con·fused, con·fus·ing, con·fus·es

v.tr.
1.
a. To cause to be unable to think with clarity or act with intelligence or understanding; throw off.

b.
 and difficult to cover. So it should come as no surprise that when a big story finally comes along, the reportage is superficial and simplified, even by the biggest papers. It also should come as no surprise that coverage is quickly receding into the back pages.

But while the TV crews are back from San Pedro and the network anchors are again focusing on Iraq, there is still plenty of action at the ports - namely a contract to iron out and dozens of boats hat require unloading Unloading

Selling securities or commodities whose prices are dropping to minimize loss.
. There are also truckers and wholesalers and warehouse companies that will be taking a pretty big hit from the stoppage stoppage - /sto'p*j/ Extreme lossage that renders something (usually something vital) completely unusable. "The recent system stoppage was caused by a fried transformer."  at a time when they can least afford it.

An important local economic story? You bet.

A well-covered story? Not likely.

Mark Lacter is editor of the Business Journal.
COPYRIGHT 2002 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:Company Brief; coverage of current events
Author:Lacter, Mark
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Oct 14, 2002
Words:584
Previous Article:A Tale of two unions: LLWU has advantages UAW lacks.(United Auto Workers Union)(International Longshore and Warehouse Union )(technology)(Company...
Next Article:Ripple effects from the docks. (LABJ Forum).(West Coast port closure)
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