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Finalist: The Philadelphia Inquirer , by Tim Weiner

For his series of reports on a secret Pentagon budget used by the government to sponsor defense research and an arms buildup.

Winners

Prize Winner in Explanatory Journalism in 1988:

Daniel Hertzberg and James B. Stewart

For their stories about an investment banker charged with insider trading and the critical day that followed the October 19, 1987, stock market crash. Explanatory Journalism

Finalists

Nominated as finalists in Explanatory Journalism in 1988:

Athelia Knight

For her account of a year in the life of an urban high school, an in-depth portrait that examined many of the problems facing American education.

Winners in Explanatory Journalism

Jeff Lyon and Peter Gorner

For their series on the promises of gene therapy, which examined the implications of this revolutionary medical treatment.

Staff

For a six-part comprehensive series on the Strategic Defense Initiative, which explored the scientific, political and foreign policy issues involved in "Star Wars."

Jon Franklin

For his seven-part series "The Mind Fixers," about the new science of molecular psychiatry.

1988 Prize Winners

Dave Barry

For his consistently effective use of humor as a device for presenting fresh insights into serious concerns.