Author Archive
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The Kicker
Future Telling
April 16, 2008 01:35 PMBloomberg Markets’s Stephanie Baker-Said has a nice cover story this month about Nassim Taleb, author of "The Black Swan: The Impact of the Highly Improbable." His book, which was published almost a year ago and is... Continue reading
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The Kicker
Mortgage Broker Mojo
April 10, 2008 11:22 AMOn Tuesday the Center for Responsible Lending dropped an interesting study that highlighted the role of mortgage brokers in the subprime debacle. The CRL study of 1.7 million loans between 2004 and 2006 found that mortgage brokers steered... Continue reading
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The Kicker
Food (and Energy) for Thought
April 9, 2008 03:19 PMElizabeth Spiers, founder of dealbreaker.com, has some interesting if not totally original things to say about inflation in her column in the latest issue of Fortune. Her point is that the insistence on focusing on... Continue reading
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The Kicker
Soros on Market Myths
April 3, 2008 12:42 PMWriting in today's Financial Times, billionaire and philanthropist George Soros calls out Hank Paulson, the US Treasury Secretary for not doing enough heavy lifting to improve regulation of financial institutions. He calls for new thinking not reshuffling... Continue reading
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The Audit
Debits & Credits: Trashing Borrowers
March 31, 2008 08:32 AMThe Wall Street Journal gets a Debit this week for a flimsy page-one story on supposed buyers’ revenge causing foreclosed homeowners to trash their homes. These days, bankers and mortgage companies often find that by the... Continue reading
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The Audit
Debits and Credits: A Bear Unchallenged
March 17, 2008 08:20 AMQuestions not asked of Bear Stearns ... A Debit to the financial press (The New York Times’ s Gretchen Morgenson is a big exception; see below) for not holding Bear Stearns and its CEO Alan Schwartz to account for... Continue reading
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The Audit
Debits and Credits: WSJ’s Fine Subprime Scoop
March 10, 2008 11:03 AMA big credit to The Wall Street Journal for its scoop Saturday on what will no doubt be a Story to Watch: Countrywide, that always-on-the-up-and-up home lender, is under investigation by the FBI for securities fraud. Here’s... Continue reading
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The Audit
Debits and Credits
March 3, 2008 12:21 PMDebit to Forbes publisher Rich Karlgaard for his sunny-yet-dyspeptic column last week headlined “Four Wrong Reasons for Pessimism.” If you think a U.S. recession is here or imminent, you're in good company. Most Intrade bettors believe this and... Continue reading
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The Audit
Debits and Credits
February 25, 2008 11:35 AMPortfolio disappoints this month with its cover story on the oil boom in Iraq. We had bought the magazine on the newsstand for its cover and were pulled in by the headline, “Boomtown, Iraq.” We read that... Continue reading
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The Audit
Debits and Credits
February 18, 2008 10:00 AMChalk up The New York Times with a debit for not giving a credit. The newspaper makes a small but not insignificant transgression by not name-checking a wire story in its Street Scene column. Last week... Continue reading
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The Audit
Debits and Credits
February 11, 2008 10:34 AMA debit to the Associated Press for getting spun by McClatchy Company on the fourth-quarter earnings of the country’s No. 3 newspaper publisher. The AP headlined its story “McClatchy Swings to a Quarterly Profit.” Problem is, McClatchy... Continue reading
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The Audit
Debits and Credits
February 4, 2008 11:34 AMThe unfolding financial crisis puts the general-interest press in a tough spot. It’s not easy to explain a sprawling and often complex story to an audience unfamiliar with the background, not to mention the arcane terminology (commercial mortgage-backed securities,... Continue reading
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The Audit
Debits and Credits
January 28, 2008 11:43 AMA debit to The Wall Street Journal for its page-one press release for Bill Gates on Thursday headlined “Bill Gates Issues Call For Kinder Capitalism.” We’re not sure what about this scoop—hand-delivered from Microsoft and apparently embargoed to... Continue reading
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The Audit
The End of Clever Angles
January 23, 2008 04:20 PMDavid Leonhardt can't find the counterintuitive angle any more, and for that we can only be grateful. Like the rest of us, he sees the great economic and financial unraveling taking place and can only acknowledges on page one... Continue reading
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The Audit
Debits and Credits
January 21, 2008 10:44 AMA credit to Carrie Johnson and The Washington Post for their page-one story on Tuesday showing how federal prosecutors are setting up former colleagues in government in highly compensated positions with companies accused of malfeasance. The Post not... Continue reading
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The Audit
Debits and Credits
January 14, 2008 01:22 PMA debit to the Associated Press for not getting the joke Wednesday on a nonsensical Katrina-lawsuit number. Its straight-faced story lent credence to the idea that money-grubbing Katrina victims are seeking more than $3 quadrillion from the government.... Continue reading
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The Audit
Debits and Credits
January 7, 2008 12:20 PMA debit to Business Week and its business-celebrity interviewer Maria Bartiromo, for looking the other way in an interview with Richard Perle, an architect of the Iraq war and former director of Hollinger International Inc., the media company... Continue reading
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The Audit
Debits and Credits
December 31, 2007 05:09 AMEditor's note: This Debits and Credits holiday edition reviews the business press from the past two weeks Two days before Christmas The New York Times unwrapped an excellent examination of how broadly the housing bust’s fallout is being... Continue reading
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The Audit
Debits and Credits
December 17, 2007 11:29 AMThe Wall Street Journal has a difficult job covering itself and the radical changes it faces with News Corp.’s takeover of Dow Jones & Co. Even so, it did a poor job last week. The Journal’s Thursday... Continue reading
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The Audit
Debits and Credits
December 10, 2007 01:17 PMFortune published an exclusive interview with Dick Cheney on the economy under the headline, “Why is Dick Cheney Smiling?” The story falls down on a couple of points. We don’t question the news value of the piece—readers can... Continue reading
Desks
The Audit Business
- Reuters’s OKC gusher Its outstanding Chesapeake Energy investigation turns toward the gas driller SandRidge
- Audit Notes: insider trading versus CDO fraud, 401(k)s, lead and crime Rough treatment for inside-trading suspects contrasts with CDO probes
The Observatory Science
- Environment coverage TBD The Times says it’s committed, but only time will tell
- Call in the math club Science reporters can help ward off a “Big Data bubble”
United States Project Politics & Policy
- The Frank Luntz script for Congressional Republicans A guide to phrases journos should look for (and scrutinize)
- Hey readers: They’re bluffing! (maybe) The need to put political bargaining positions in context
Behind the News The Media
- German bill would charge for aggregation The potential law would provide content creators with a portion of the profits search engines make by aggregating them
- Gun permit data wasn’t maximized The choice that faced the Journal News was not simply whether to map gun permit holders’ addresses, but how
Blog
The Kicker last updated: Wed 12:13 PM
- Pass the #popcorn
- Should Center Square Journal shut down?
- Must-reads of the week
- WaPo: Got agency?
- On building trust
The Future of Media
News Startups Guide last updated: Mon 3:27 PM
- ACEsTooHigh.com Reporting on the science, education, and policy surrounding childhood trauma
- ACEsConnection.com A niche social network for professionals working in science, education, and policy related to childhood trauma
