I have avoided saying what I am about to say because it really is not crucial to the discussion, but here goes...
The reason he took these risks was for the big prize at the end of the tunnel if he got the "Big Story." What's the big prize? Pulitzer Prize, Cash Money, and Fame. Huge career boost that would pay massive dividends in the future. His desire for these items exceeded the danger of the situation in his mind and he went for it and lost.