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CBS, PBS Win Big in News Emmys

By Paige Albiniak -- Broadcasting & Cable, 12/5/2003 7:00:00 AM EST

CBS News and PBS split the take when the National Academy of Television Arts and Sciences doled out its first annual News and Documentary Emmy Awards for business and financial reporting in New York on Thursday.

Veteran newsmagazines 60 Minutes and 60 Minutes II won three awards between them. 60 Minutes won for correspondent Steve Kroft’s coverage on how Merrill Lynch analysts touted stocks to investors that would benefit Merrill’s business. The show also won an Emmy for correspondent’s Ed Bradley’s story on fraud and patient endangerment within Tenet Healthcare Corp. Correspondent Charlie Rose of 60 Minutes II and his producing team won CBS’s third news Emmy for a story on online auction company, EBay. F

Finally, PBS’s Frontline took home an Emmy for a report on how Wall Street mislead the public about the telecom boom, profiting on inflated stock prices while letting investors lose $2 trillion in the deflated telecom market.

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