Contact:	Fred Knubel	
		Director of Public Information
		212-854-5573,		FOR IMMEDIATE USE

1997 Knight-Bagehot Fellows Named at Columbia

Eight Knight-Bagehot Fellows in Economics and Business Journalism for 1997-98 have been named by the Columbia University Graduate School of Journalism. They include journalists at The Patriot Ledger of Quincy, Mass., the Lexington-Herald-Leader of Lexington, Ky., the San Jose Mercury News of San Jose, Calif., Bloomberg News in Miami, Fla., and The Nation. The mid-career fellowships provide full tuition and a living stipend of $22,000 for experienced journalists to take graduate courses at Columbia's Schools of Business, Law and International and Public Affairs. Fellows also attend special seminars at the Journalism School led by scholars and business experts during the nine-month program, which begins in August. The program is open to journalists with at least four years' experience. Founded in 1975, the fellowships are named for John S. and James L. Knight, brothers who established the Knight Foundation, and Walter Bagehot, the 19th century British economist and editor of The Economist. They are administed by the Columbia Journalism School and directed by Terri Thompson, a former associate editor of U.S. News & World Report and reporter for Business Week. Funds are provided by an endowment from the Knight Foundation and by grants from foundations and corporations, which have included The McGraw- Merrill Lynch & Co. Foundation, Inc., State Street Foundation, Time Inc., and Pfizer Inc. These are the 1997-1998 Knight-Bagehot Fellows in Economics and Business Journalism: Sarah L. Bachman, 39, is the foreign policy writer on the editorial board of the San Jose Mercury News, where she writes columns on topics ranging from international trade to child labor. She has worked in a variety of countries, including Bangladesh, China and Japan, and reported from Tokyo forThe Daily Yomiuri and the Associated Press. After graduating cum laude from Yale College in 1980, she worked and travelled in South Asia and freelanced and in 1983 joined The Herald Everett, Wash., as an editorial writer. Jacalyn Carfagno, 44, has been a business reporter since 1991 for the Lexington Herald-Leader in Kentucky, where she covers the equine industry beat. Previously, she worked for the Arkansas Gazette with a specialty in retailing and while at the Gannett paper wrote briefly for the Money section at USA Today. A native of Arkansas, she worked in Little Rock as an investigator in the Attorney General's antitrust division and later as an administrator in the state's historic preservation program while completing her B.A. in history from the University of Arkansas-Little Rock. Karl Taro Greenfeld, 32, is a correspondent for The Nation and author of Speed Tribes: Days and Nights with Japan's Next Generation (HarperCollins, 1994). Born in Kobe, Japan, of an American father and a Japanese mother, he grew up in Los Angeles and went to college in New York, graduating from Sarah Lawrence in 1987. Before joining The Nation in 1991, he reported for Asahi Evening News, the English-language spin-off of Tokyo's leading daily newspaper, and was managing editor of Tokyo Journal, a monthly city magazine. He has freelanced for The New York Times Magazine, The Wall Street Journal, Vogue, Details and other publications. Michael Molinski, 34, has worked for Bloomberg News since 1992, most recently as Senior Latin America correspondent based in Miami covering regional business and economic issues. After graduating from the University of Southern California with a B.A. degree in print journalism and international relations in 1985, he reported for six years for United Press International from Los Angeles; San Jose; Washington, D.C., Nicaragua and Brazil. Bolaji Ojo, 34, has been a correspondent for Asia, Inc., a Hong Kong-based business magazine, since 1993. A graduate of University of Lagos in Nigeria, he worked as a broadcast journalist from 1984 through 1989 in the regional office of the Nigerian Television Authority and for Ogun Radio in western Nigeria. He has reported from a half-dozen countries in Europe, and from Hong Kong, Thailand and Indonesia, and, while based in South Africa, travelled extensively in sub-Saharan Africa. After completing a graduate program at Obafemi Awolowo University, he joined Newswatch, a Lagos- based news magazine, in 1991 as a staff writer and shifted his focus to business reporting. Claire Serant, 34, has spent most of her professional life as a general assignment reporter with the New York Daily News. Starting as a part- time copyperson in 1984 while working full-time as a caseworker with the city's Human ResourcesAdministration, she joined theNews staff full-time in 1986 as an editorial clerk in the Features Department. By 1989, she was a full- fledged reporter covering crime in New York City, and she now covers small business in Queens. A graduate of St. John's University with a B.S. in journalism, she has also freelanced for Black Enterprise and Essence magazines. Colin Stewart, 49, is business editor and columnist of The Patriot Ledger of Quincy, Mass., and has been a journalist since 1972, starting as a reporter trainee for the Durham, N.C., Morning Herald. After graduating with a masters degree in English from the University of North Carolina, Chapel Hill, he worked for two years at The Christian Science Monitor, and then spent 11 years as editor and then executive editor for small-town weekly newspapers run by MPG Communications, based in Plymouth, Mass. He joined The Patriot Lawrence Strauss, 38, is editor of The Hartford Business Journal, a five-year-old weekly magazine. Previously, he worked for six years as a staff writer for The Hartford Courant. He also has worked as a community reporter for The Journal Inquirer in Manchester, Conn., The Tulsa Tribune in Oklahoma, The Daily Sitka Sentinel in Alaska, and the Croton Cortlandt News in Croton, N.Y. He is a graduate of Connecticut College and Columbia Graduate School of Journalism. 5.30.97 19,143