Huffington Post launches investigative journalism effort

Here is a remarkable development from the Huffington Post. Does anyone in Canada have $1.75 million for a similar venture?

NEW YORK — The Huffington Post said Sunday that it will bankroll a group of investigative journalists, directing them at first to look at stories about the nation's economy.

The popular blog is collaborating with The Atlantic Philanthropies and other donors to launch the Huffington Post Investigative Fund with an initial budget of $1.75 million. That should be enough for 10 staff journalists who will primarily coordinate stories with freelancers, said Arianna Huffington, co-founder and editor-in-chief of The Huffington Post.

full story