Saturday, August 23, 2014. Last Update: Fri 2:50 PM EST

The Audit

Audit Notes: Fed Foe of Big Banks, Executive Pay, Credit Tricks

The Huffington Post's Shahien Nasiripour interviews Kansas City Fed President Thomas Hoenig, a fierce opponent of too big to fail,... More

Krugman’s Too Big to Fail Straw Man

Paul Krugman has a poorly argued column today setting up straw men to argue his case for regulation. This is... More

SEC and You Shall Not Find

What is the SEC good for? That's what Bloomberg's Jon Weil asks. Good question. Why did it take a court-appointed... More

(Almost) All-Ivy Audit Notes: The Corporation, Repo 105, Complexity Trap

Justin Fox of the Harvard Business Review has the most interesting read of the day, an interview with historian Brian... More

Reuters’ Imaginary WSJ/NYT Price War

Reuters gets a story on the upcoming Wall Street Journal/New York Times Battle for New York all wrong. And PaidContent... More

Google Is Not a Heroic Defender of Privacy

The New York Times reports that a coalition, including companies like Google, is trying to push tougher privacy laws for... More

Audit Notes: NYTPad, Perp Walks, Warren’s War

What will a newspaper look like on the iPad? Here's a blurry sneak peek of screenshots of The New York... More

Bloomberg on the CDO Shuffle That Helped Break AIG

Bloomberg dropped a major investigation today on the AIG collapse, shedding much-needed light on the conflicted role of CDO managers... More

Big Hole in an NYT Story on Oil Prices

The New York Times writes that oil prices have been remarkably stable over the last year, settling into what it... More

A Tribune Lecture on Indebtedness

The Chicago Tribune scolds the government for taking on too much debt. And the paper knows whereof it speaks. Boy... More

Demolishing the Banks’ Anti-Consumer Spin

The banking industry has helped water down consumer financial protection by arguing that consumer protection is a job best done... More

NYT’s Uncertain Trumpet on States’ Finances

The New York Times starts with a simple premise today: With many states facing debt problems like Greece did—big budget... More

Was the Citi Bailout Really a Good Deal?

Dean Baker pointed out a myopic Washington Post story on Saturday reporting that the Treasury will make a several-billion-dollar profit... More

Audit Notes: Unfair Size Advantage, Bumped Down, WSJ Win

Reuters Breakingviews finds another unfair advantage for the too-big-to-fail banks: They're paying less interest for deposits than their smaller competitors—a... More

Audit D.C. Notes: The FT Talks Turkey Lamb in Greece; Bloomberg Flexes Its Bond Stuff; NYT on Overqualified and Employed

There’s nothing better on a big, complicated story like the Greek debt crisis than heading out for a walk and... More

Why Obama’s statement on reporters’ arrests in Ferguson is hypocritical - The president defends reporters in Ferguson, but demands compliance from James Risen

Apple can’t hide from a 20-year-old reporter - The University of Michigan student gets behind the tech titan’s newest products

Finding James Foley - This 2013 story takes a look at GlobalPost’s search for the photojournalist

Gannett cribs from Advance Publications playbook for struggling newspapers - Staff compete for fewer jobs; ‘readers become the assignment editor’

First Look runs headlong into journalism’s two big problems - Growing pains at the Omidyar/Greenwald venture


The McDonald’s in Ferguson (LAT)

“Lately, the restaurant has taken on the appearance of a battered frontier outpost”

Tour guide wars at a Paris cemetery (WSJ)

“Because dead men tell no tales, visitors to Père Lachaise cemetery lend their ears to Bertrand Beyern”

Last call (Medium)

“The death of newspapers is sad, but the threatened loss of journalistic talent is catastrophic. If that’s you, it’s time to learn something outside the production routine of your current job.”

Maureen Dowd on James Risen (NYT)

“Risen may be trapped in Ibsen, but Obama is channeling Orwell”

Bloggingheads

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

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A report from the Columbia University Graduate School of Journalism

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