Wednesday, November 26, 2014. Last Update: Tue 4:35 PM EST

The Audit

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Audit Notes: Bloomberg FX scoop, Coke and Swaziland, WSJ.com

A new wrinkle on the foreign-exchange trading scandal

Bloomberg News has a great scoop on the potentially Libor-scale foreign-exchange scandal: FX traders used day traders to launder their... More

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John Paton, the Gorbachev of paywalls

Digital First Media will roll out meters across its newspaper portfolio

No doubt about it, word from CEO John Paton that his Digital First Media will implement paywalls across its portfolio... More

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A troubling suspension at Bloomberg News

The crisis grows over a China story that hasn’t run

When in a hole, the best course is usually to stop digging. Instead, Bloomberg has deepened the intrigue surrounding a... More

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Advice for the next owners of Forbes

Reclaiming the legacy of the legendary James Michaels should be the first order of business

The news, broken by Bloomberg's Edmund Lee, that once mighty Forbes is going on the block after 96 years of... More

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In Obama’s Wall Street-friendly cabinet, a clean sweep for finance

Tim Geithner goes private equity, surprising The New York Times

The New York Times, covering the hiring of former Treasury Secretary Tim Geithner by private equity giant Warburg Pincus, writes... More

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Audit Notes: Chris Christie and Stevie Cohen, euro zombie lies, clickbait

Governor dines with SAC honcho hours after firm pleads guilty

Fox Business's Charlie Gasparino gets a wild scoop on Stevie Cohen, whose SAC Capital pleaded guilty to mass insider trading... More

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Walmart already stepped on Thanksgiving

A mess of fact errors on the giant retailer opening on turkey day

Did you know Walmart is opening earlier than ever this Thanksgiving? You would if you read stories in the Chicago... More

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The annual press flubbing of Thanksgiving dinner

Journalists find a way to mishandle a yearly farm bureau press release

Come this time of year, the business press gets a press release from the American Farm Bureau Federation reporting how... More

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When men on the street become spokesmen for a cause

Anecdote laundering from the left on the $15 minimum wage fight

I wrote about astroturfing the other day, noticing how anti-minimum wage and anti-Obamacare activist Joe Olivo shows up repeatedly in... More

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Audit Notes: SAC’s returns sink, two-track recovery, Wall Street pay

The New York Post shows Steve Cohen’s results fell to earth as feds investigated

The New York Post's Michelle Celarier has a great piece of enterprise reporting on Stevie Cohen's SAC Capital. She finds... More

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Don’t feed the bubble, please

Mashable and Time.com show how not to cover tech IPO mania

Much of the press coverage I've seen in the wake of Twitter's eye-watering IPO has been responsibly skeptical or, at... More

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Audit Notes: 60 Minutes correx flops, sharing economy, paywalls

CBS News must resolve the serious remaining questions about Lara Logan’s debacle

Jay Rosen has a must-read piece on 60 Minutes' and Lara Logan's disastrous Benghazi report based on the lies of... More

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Bloomberg News at a crossroads

Allegations that it spiked a China investigation shine a light on its business model

Just a few months ago, Bloomberg News was faced with a potential crisis after Wall Street clients complained—publicly—that Bloomberg news... More

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Audit Notes: Oklahoma Pre-K, servants, Martin Wolf on Germany

The state finds a government program it likes

Nicholas Kristof gives a rare bit of positive press to my home state—for a government program, of all things. Kristof... More

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Astroturfing The New York Times and Wall Street Journal

A New Jersey businessman hits the media circuit again, with lobbying connections undisclosed

The New York Times writes about New Jersey voters raising the state's minimum wage a buck to $8.25 an hour... More

Serial creators don’t know what will happen to Adnan Syed - New developments in his legal case suggest that the outcome is wide open

The press is responsible for ignoring Bill Cosby rape allegations - Where were journalists 10 years ago when claims originally surfaced against him?

Journalism has a plagiarism problem. But it’s not the one you’d expect - Fareed Zakaria’s case highlights news organizations’ ethical grey areas

4 topics John Oliver explained more clearly than television news - The political satirist brings explainer comedy to HBO viewers

Will radio save science journalism? - WNYC will soon have a new health unit


CNN reporters in Ferguson provide coverage of CNN reporters in Ferguson (Slate)

“[T]here was little that justified CNN’s egocentric coverage”

Which media outlets use ‘illegal immigrant’? (Fusion)

“[I]n spite of all the good reasons not to use the phrase, it is still very easy to find in the US press, even in headlines”

Jack Shafer on losing his job (Capital New York)

“Right now, my immediate plan is to go to work as a lay therapist at The Intercept to bring the healing there so John Cook and Matt Taibbi can return. I have great interpersonal skills.”

On outlets that continue to call unknown drone victims ‘militants’ (The Intercept)

“Like the US drone program itself, this deceitful media practice continues unabated”

Bloggingheads

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

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