Monday, July 28, 2014. Last Update: Fri 5:17 PM EST

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CDOs

NYT Reports Bear Stearns Wasn’t Alone on Putbacks

Plus, Wall Street saw fraud signs, demanded money back, then kept buying loans

The New York Times has a very good look today at what the Ambac lawsuit against JPMorgan Chase could mean... More

Audit Notes: Lobbying Both Ways, SEC Scrutiny, Steve Jobs,

The banks have been carping about the complexity of the Volcker Rule, which aims to prevent them from making risky... More

Audit Notes: Toxic Assets, Foreclosure Mills, SEC (Finally) Looking at CDOs

What ever happened to that pile of toxic assets that the banks were sitting on? Wall Street Journal reporter Michael... More

Charlie Rose’s Weak Q&A With the SEC’s Khuzami

Audit contributing editor Felix Salmon, writing this morning about Channel 4 reporter Krishnan Guru-Murthy's tough questioning of Larry Summers, asked,... More

Goldman Exec’s “Rough Language” on Manipulating the Market

Senator Carl Levin released emails yesterday showing a Goldman Sachs executive exhorting his traders to engineer a short-squeeze The Wall... More

HuffPost: An SEC Wrist Slap for Fleecing an Indian Tribe (UPDATED)

Wachovia dinged with a small settlement, and no individuals are charged

Good for The Huffington Post's Shahien Nasiripour for giving us a closer look at Wachovia's settlement for defrauding an Indian... More

ProPublica Shows Merrill Paid Traders to Take Its CDOs

An important story on how Wall Street kept the bubble going

I really hate when news organizations drop big stories over the holidays. For one, they have far less chance of... More

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The Times gives the SEC’s Khuzami a parting kiss

The enforcement chief still gets the “new sheriff in town” treatment

It's at least easy to understand the logic, however icky, of the beat sweetener, that staple of news coverage that... More

Wall Street Running Out the Clock on Crash Charges (UPDATED)

Prosecutors finally focus on CDOs as the statute of limitations is running out

The housing bubble popped five years ago. The securitization market went haywire four years ago, shortly after the derivatives market... More

Wall Street’s Toxic Touch

Bloomberg View's Mark Whitehouse points to a fascinating report on new evidence showing how badly Wall Street screwed investors in... More

How Forbes got to $475 million - That’s what a Hong Kong investor has agreed to pay for a firm that two years ago had trouble paying its rent

Are female journalists up to the job of a Jill Abramson interview? - Reporters avoid unflattering discussion about her firing

How to check if that viral video is true - Journalists don’t always verify user-generated content, so readers need to learn how to verify what they see online

The Grand Dame of Florida reporting has retired twice, but she’s still causing trouble - A conversation with the Tampa Bay Times’ Lucy Morgan

Brick by brick - After years of shrinking ambition at The Washington Post, Jeff Bezos has the paper thinking global domination


The White House deploys minders to interviews all the time (WaPo)

“Almost every officially sanctioned exchange between reporters and the proverbial ‘senior administration officials’ is conducted in the presence of a press staffer”

The down-and-dirty history of TMZ (BuzzFeed)

“TMZ’s real engine — what defines its mission, what legitimizes it and sets it apart — is a unique and controversial mix of scandal mongering and investigative journalism”

The 10 worst New Yorker longreads (Gawker)

“[A]pparently [Adam] Gopnik did not know you could bake fancy breads from France and other cultures. So he got his mom to teach him how to bake them. A fine anecdote, maybe, to tell a friend or a therapist. But in this case he wrote about it for the New Yorker, a magazine.”

Bloggingheads

Greg Marx discusses democracy and news with Tom Rosenstiel of the American Press Institute

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Who Owns What

The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

Study Guides

Questions and exercises for journalism students.