Friday, December 19, 2014. Last Update: Fri 5:42 PM EST

The Audit

Missing the Mortgage-Mod Story

Still think The Huffington Post is just an aggregator of lefty opinion and tabloid fluff? Okay, it's still that, but... More

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

Hey millionaire tech bros: Have patience with the editorial process - Chris Hughes probably wanted to enable great journalism at first. Then the dust settled and before you know it, he’s shaking everything up again

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

Price hike at UC Berkeley’s journalism school - Governing body approves additional fee of $7,500 starting 2016

Will Denver really have a newspaper war? - As a billionaire floats reviving the Rocky Mountain News, The Denver Post might buckle its chin strap

FOIA reform dies while the press looked the other way - RIP Improvement Act of 2014


The traffic lure of outrage (Slate)

“I didn’t become a journalist to peddle indignation on Facebook. But it sells—the page views don’t lie.”

NBC news producer’s sons were in the besieged school in Peshawar (NBCnews.com)

“I remained silent and didn’t know what to say — I know how such attacks on schools usually end”

Hero mom calls into CSPAN to berate her arguing pundit sons (WaPo)

“This was not planned. She called in on the normal line.”

Dick Cheney doesn’t want to call it torture but the media doesn’t have to follow (Vox)

“People deserve to know that the American government (proudly!) did things that in any other context are called torture”

Bloggingheads

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

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