Tuesday, November 25, 2014. Last Update: Tue 4:35 PM EST

The Audit

Audit Notes: Say What, CME?; Magnetar Wrong; A Monster, All Right

Felix Salmon examines the newly released unredacted version of the Valukas Report and finds what he calls a scandal in... More

Audit D.C. Notes: The Post Explains Competing Stern Narratives; NYT on the Revolting Revolving Door, John Kay on the Failures of Economics

Since Politico’s Ben Smith reported Andy Stern’s planned exit from SEIU on Monday, there have been competing narratives applied to... More

How 60 Minutes Missed on Chevron

A piece on the oil giant and the rainforest last year relies too much on innuendo

"Play CBS Video." The arrow is superimposed on an image of old, rusting oil barrels emblazoned with Texaco's name. "Chevron... More

Chittum, CJR Tweet Fleet Caught Napping

New York Times business editor Larry Ingrassia and TalkingBizNews's Chris Roush take me to the woodshed this morning for an... More

Audit Notes: Lehman Inquiries Spike, Salmon on Blogging, Derivatives

Charlie Gasparino of Fox Business News reports that investigators are now zooming in on three areas of Lehman's accounting, including... More

The WSJ’s Pulitzer Shutout is Bad for the Country

As Alexander Cockburn theorized in a 1984 Wall Street Journal column, the Pulitzers are a kind of show business, a... More

Krugman Throws Stone at Sorkin from His Glass House

It's New York Times columnist vs. New York Times columnist. Paul Krugman hammers his colleague Andrew Ross Sorkin for getting... More

WaPo, with Optimistic-but-Anonymous Officials, Spins Deficit Story Forward

The Washington Post’s page-one story about the federal deficit is generating a lot of buzz, as it should. It’s got... More

More Shades of Enron in NYT’s Lehman Scoop

Lehman Brothers is smelling an awful lot like Enron these days. The New York Times splashes a scoop by Louise... More

Audit Notes: Median American Family, Bank Hole, A Wolff in Wolf’s Clothing

Listen up, business press: Zero Hedge runs a great guest post by Graham Summers looking at why Average Joe and... More

Audit D.C. Notes: Salon Asks Where the Women Are; WaPo on the American Dream, Revised; AP on “Years of Protocol”

Salon has a smart follow-up to a Politico piece we noted last week about a new generation of pundits. While... More

Columnists Call the Turn, Wonder Why the Rest of Us Don’t

There’s a new view taking hold in the commentariat: the U.S. economy is in much better shape, but the public—and... More

Old-Fashioned WSJ Leder Spotted in the Wild

The Wall Street Journal goes back to its roots with an excellent old-fashioned leder this morning. It's a well-told tale... More

ProPublica Humdinger on a Diabolical CDO Scheme

Investigation shows in detail how hedge-fund Magnetar gamed the system and kept the bubble going

Jesse Eisinger and Jake Bernstein of ProPublica have a fantastic investigation out today of Magnetar, a short-selling hedge fund that... More

“And now, more than 4,000 posts later…”

More tales from the journalism hamster wheel

A funny thing is happening right now on Michael Calderone’s Politico blog: nothing. That’s because Calderone, prolific chronicler of the... 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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