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April 6, 2011 08:17 PM
Audit Notes: BizWeek Soars, Barofsky in Fortune, A Picture of Deflation
It's been more than a year now since Bloomberg took over BusinessWeek, rebranded it, expanded it, and put Josh Tyrangiel at the helm. How's the new Bloomberg BusinessWeek doing? By the ad numbers, it's stomping Fortune and Forbes. The Association of Magazine Media has the first quarter numbers on revenue and ad pages for major magazines. Bloomberg BusinessWeek's ad pages...
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February 22, 2012 01:38 AM
Audit Notes: Fed Transparency, Carp Invasion, Chinese Imports
The Wall Street Journal is good to bird-dog the Federal Reserve on transparency, and it gets results even before publishing its story. The paper reports that the central bank, which doubles as a bank regulator, has all but quit having public meetings on new rules: The Fed is making these sweeping changes—the most dramatic since the Great Depression—almost completely without...
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November 16, 2010 08:02 PM
Audit Notes: ProPub vs. BofA, Wall Street in the White House, Short-Armed
I love to see the press just flat-out say somebody's full of it. ProPublica's Karen Weise does that today, calling out a Bank of America executive for testifying before Congress that it can't modify more mortgages because investors won't let it (it's worth noting that The New York Times this morning parroted the BofA line): Desoer’s testimony echoes what homeowners...
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February 9, 2011 07:02 PM
Bloomberg and BusinessWeek’s Problematic WikiLeaks Story
Red flags aflutter as the news outfit runs with seriously questionable evidence
How many red flags can we count in this Bloomberg BusinessWeek piece on WikiLeaks? First there's the headline: Is Wikileaks Hacking For Secrets? I, like my colleague Lauren Kirchner, have a real problem with question headlines, which seem to have proliferated in recent years. On the bright side, they're good leads for critics like us: It's a sure sign that...
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November 6, 2012 11:00 AM
Lemmings like us
Businessweek’s climate-change broadside is powerful, but ignores the allure of waterfront property
Hurricane Sandy finally got the media talking about climate change last week, but Bloomberg Businessweek spoke the loudest with a bold, red cover that featured a picture of a flooded New York City street and the words, “It’s Global Warming, Stupid,” in big, black letters above it. As the cyclone spun up the eastern seaboard, I warned against making overstatements...
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May 17, 2011 02:37 PM
Lowenstein Lets Wall Street Off the Hook
Not so fast.
Roger Lowenstein has a big piece out in Bloomberg BusinessWeek, an apology for Wall Street—duly celebrated by The New York Times's Andrew Ross Sorkin on Twitter as "courageous" and "probably right"—arguing "Wall Street: Not Guilty." What's with our elite financial journalists? Problem is, this piece is based on a straw man: that fire-breathing critics of Wall Street like Taibbi and,...
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