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Updated 9:30 AM September 8, 2009

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  Graham Hovey Lecture
Investigative Web reporter exposes fraud, white-collar crime

Christopher Carey, founding editor and president of, a pioneering investigative business journalism Web site, will deliver the 24th Graham Hovey Lecture, "Going It Alone Online: It Worked for Me."

The talk is planned for 5 p.m. Sept. 17 at Wallace House, 620 Oxford Road.

Carey designed his project for developing "independent Web-based reporting aimed at exposing securities fraud and corporate chicanery" while a Knight-Wallace Fellow (2005-06). Sharesleuth, now the leading Web site in the field, is a direct outgrowth of his study topic during his year of sabbatical exploration: "The Criminal Subculture in the U.S. Securities Industry.'' Carey had been a business reporter for the St. Louis Post-Dispatch, where he wrote a highly regarded series on global stock fraud in June 2004. Those stories, he says, helped him win the journalism fellowship at U-M.

While at Wallace House, Carey approached billionaire businessman and Dallas Mavericks owner Mark Cuban via e-mail to underwrite his idea. Cuban was interested and became the majority partner in the venture. The Web site was launched in July 2006, two months after the end of Carey's fellowship. In October 2008 a second Web site,, was launched to "track the government's purchase, and eventual sale, of bad mortgages and other distressed assets."

Carey graduated from Indiana University and worked at several newspapers including the Messenger-Inquirer in Owensboro, Ky., the Orlando Sentinel, the Indianapolis Star and finally the Post-Dispatch. He is the recipient of numerous regional, state and national awards.

Named for a previous director of the Knight-Wallace Fellows program, the Hovey lecture honors alumni whose subsequent careers exemplify the benefits of sabbatical studies at U-M.

The lecture is open to the public. A reception hosted by John L. King, vice provost for academic information, will follow the lecture. For more information and to RSVP, call 734-998-7666.

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