Tuesday, January 27, 2015. Last Update: Tue 10:57 AM EST

Tags

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

jamie_dimon1.jpg

Audit Notes: Wall Street fraud and coverup

JPMorgan “flouted quality controls and ignored problems, sometimes hiding them entirely”

The New York Times has a tough report on newly uncovered emails that show Jamie Dimon's JPMorgan Chase knowingly misled... 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

khuzami.jpg

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

Virginian-Pilot journalists: Corporate management pressure is stifling coverage - “Lovers of journalism in this newsroom are pissed. It’s bad.”

Paper files public records request—and city’s response is a lawsuit - Local officials argue Montana courts should strike balance between privacy and disclosure

BBC Pop-Up reports from small town America - A small team is traveling across the United States for six months in hopes of finding underreported local stories

What game design can do for journalism - Three newly selected fellows at American University talk about the medium’s future

Timeline, an app based on ‘the history of…’ - But chronology doesn’t reveal everything


We should all step back from security journalism (Medium)

“It should be made clear, in law, that the tasks security reseachers do to make the net more secure and journalists do to understand and contextualize the truth for the public are not crimes”

Trust In Business And Media Is Declining, But People Have Faith In Search Engines (Buzzfeed)

People have become less trusting of major institutions, according to the annual Edelman Trust Barometer. And large majorities doubt that businesses want to make the world a better place.

With New Charlie Hebdo Cover, News Value Should Have Prevailed (NYT)

Public editor Margaret Sullivan on why the paper should have published the images.

An Old Fogey’s Analysis of a Teenager’s View on Social Media (Medium)

“I feel the need to offer my perspective as someone who is not a teenager but who has thought about these issues extensively for years.”

Bloggingheads

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

  • If you like the magazine, get the rest of the year for just $19.95 (6 issues in all).
  • If not, simply write cancel on the bill and return it. You will owe nothing.

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.