Saturday, September 20, 2014. Last Update: Fri 4:26 PM EST

The Audit

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

WSJ Story Shows Repo 105 Was Just the Beginning

An excellent investigation uncovers Wall Street hiding its true debt levels

This is what you call a great piece of enterprise reporting. The Wall Street Journal this morning has a major... More

Audit Notes: FHLB Bomb, Subprime Fraud, Gannett Is Cheap

Bloomberg's Jon Weil has the Lede of the Day, writing about a "trillion-dollar time bomb": The Federal Home Loan Banks... More

Politico’s Interesting Take on Down-and-Sort-of-Out Rubin

Politico takes a look today at Robert Rubin, declaring him “decidedly out of favor in the nation’s capital.” There’s no... More

Fortune FAIL: One-Source Story on Credit-Card Reform

Ah, the one-source story. Nasty habit of Bloomberg and the Financial Times—and now Fortune. The magazine interviews Wall Street analyst... More

Audit Notes: Waxman Whacks Wolff, Salon Whacks Wolff, Brooks Just Wack

Finally, somebody gets up the nerve to slap a cease-and-desist on Michael Wolff's parasitic Newser. Sharon Waxman and he have... More

Audit D.C. Notes: Newsweek Lets Simpson Speak for Himself; American Banker Connects Politics and Policy, The Hill on the Obvious, Etc.

The bipartisan commission on the national debt established by President Obama is set to start working in a few weeks,... More

Jamie Dimon and JP Morgan on the Dole

How the bank puts politicians and taxpayers over a barrel

The Wall Street Journal's front-page story on Jamie Dimon's efforts to prevent regulatory reform sent me off on a tangent... More

Audit D.C. Notes: National Journal Uncovers Who Makes What on K Street; WaPo on What We Think About Homeownership, NYT on What to Expect, Etc.

What do they make? It’s what everyone wants to know, especially when it comes to the small world of K... More

Stop using ‘Brooklyn’ to mean hipster neighborhoods - Elite-oriented outlets typically only cover the borough’s most affluent, Manhattan-adjacent neighborhoods

The Reporters Committee is about to start suing people to help journalists - Katie Townsend joins the organization as its first litigation director

How a Nebraska newspaper kicked off a major prison sentencing scandal - The Omaha World-Herald found that hundreds of inmates were being released early

On media freedom, United Nations plays by its own rules - Months of international crises raises the stakes for reporting on the UN, but investigative journalists remain without a right to information

Keep calm and write a headline worth reading - Ease up on the exaggerations because someday you may need those explosive adjectives when a truly big story lands


Adviser of high school paper that refused to use ‘Redskins’ suspended (Student Press Law Center)

“Amid a months-long battle with administrators for editorial control … the Playwickian’s faculty adviser was suspended for two days this week”

Apple’s ‘warrant canary’ disappears (GigaOm)

Apple included language in its first Transparency Report to say that it had not been subject to a Section 215 Patriot Act request. That language is now gone.

Trend Piece (New Yorker)

Buzzword, buzzword, buzzword. Isn’t the buzzword on your mind now? Perhaps it is on other people’s minds? Read on or you’ll be clueless, dated, and without any friends in the world. Buzzword again!

This Is How Joanna Coles Changed Cosmo (Refinery29)

The British reporter-turned-editor has made good on her promises to bring politics to the magazine, win some very big-deal journalism awards, and secure the most interesting exclusive interviews

Bloggingheads

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

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The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

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