Journalists, a cynical lot by nature, are often skeptical of press awards. As prizes have proliferated, they note, so has a certain genre of newspaper story: the multipart series that takes on a big subject, pursues it with crusading zeal and seems to run on forever. Such journalistic tomes frequently seem created as much to please award judges as to satisfy readers. "We're thinking about putting the following helpful advisory over them," syndicated Humor Columnist Dave Barry wrote this month. "'Caution! Journalism Prize Entry! Do Not Read!' "
Still, these projects often are examples of daily journalism at its best: dogged,...