Friday, August 02, 2013. Last Update: Fri 2:50 PM EST

The Audit

Audit Notes: Bloomberg on Why It’s Hard Being Green; K Street Roll Call; Reuters on AIG’s latest, etc.

--Bloomberg has a smart take on the problem of subsidizing green jobs: a lot of them are created in China.... More

The Journal Reveals Yet Another Mortgage Bug

This is just a good story by Carrick Mollenkamp in the Journal this morning, showing one more trapdoor in the... More

Audit Notes: WSJ v. Pay-to-Play; NIM(Budget)BY; Limousine Liberal, etc.

--Pay-to-play is a scourge of local and state government, and the Journal does a good job ferreting it out this... More

Toyota No Longer Attacking the L.A. Times

The business press has done well documenting Toyota’s spiraling problems, including this morning’s news that U.S. regulators are accusing the... More

Audit Notes: Reuters Withdraws; Leaving Las Vegas; Reregulation, etc.

--Talking Points Memo had a nice catch of Reuters pulling a story headlined "Backdoor taxes to hit middle class" after... More

Target-Rich Environment

We’re all for flood-the-zone coverage of the budget, so a tip of The Audit’s green eyeshade to The Wall Street... More

Volcker Pushed Back

When Wall Street doesn’t like something, one thing is certain: the public will hear about it. The pushback on the... More

Audit Notes: Times Nicked; Defining Populism; Special Dividends; Intrepid Blogger, etc.

--NYTPicker, an anonymous site devoting to giving the Times a hard time, has an interesting item that says the paper... More

On Paulson’s Sole-Source Account in the WSJ’s News Pages

On page 350 of Too Big To Fail, Andrew Ross Sorkin reports on how Hank Paulson reacted that fateful Sunday,... More

NYT’s AIG Story Puts Spotlight on State Insurance Regulation

The anachronism that is state-based insurance regulation has basically gotten a pass in the financial crisis—what with all the problems... More

Audit Notes: Uh Oh, Joe Cassano; Asian Markets; BW Hires

Reuters reports that AIG may have misled investors on material information related to its exposure to subprime mortgages. Investigative reporter... More

Mortgage Securitization in the Roaring Twenties

Floyd Norris has a fascinating column today on new research that shows, yet again, that there's nothing new under the... More

Bloomberg’s Reilly Wrecks the Lex on Fed/AIG

Bloomberg's David Reilly has a terrific column up today on the New York Federal Reserve and what's wrong with its... More

Audit Notes: Lex Dreck, Recourse, Extend and Pretend

This is a bad sentiment for a journalist to have: Postmortems are revealing. But too much poking is damaging. That's... More

Goldman, Gawker, and the Journal

Here's a good example of reporting by old media getting amplified and expanded upon by new media. The Wall Street... More

Old TNR vs. New TNR

In one tweet

Luke Russert is the Golden Boy of DC

And it drives young journalists crazy

Oh, #Florida!

Why does Florida produce so much weird news? Experts explain

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