CNBC Wins Two Loeb Awards

We're pretty proud around here.

Last night CNBC won two Loeb awards. One was for breaking news coverage of the Bernard Madoff scandal. The other was for House of Cards, David Faber's in-depth look at the causes behind the financial crisis.

For those who may not be familiar with the Loebs, they were established in 1957 by Gerald Loeb, a financier and founding partner of E.F. Hutton, to encourage quality reporting in business, finance and the economy. In the business news biz, they are a big deal.

“The Madoff Scandal,” was reported by CNBC senior correspondent Scott Cohn, and CNBC reporter Mary Thompson. It won in the category of Television Breaking News for exemplary coverage of a breaking news story. Additional credits include coordinating producer Courtney Ford and producers Wally Griffith and Molly Mazilu.

CNBC’s “House of Cards,” was a CNBC Original reported by CNBC’s award-winning correspondent David Faber. It looked at the reasons behind the greatest financial collapse since the Great Depression and won in the category of Television Enterprise for outstanding in-depth coverage of a business news story. CNBC’s Mitch Weitzner is executive producer and additional credits include producers James Jacoby and Jill Landes, senior producer James Segelstein lead editor Patrick Ahearn and editor Lisa Orlando.