Saturday, December 27, 2014. Last Update: Fri 6:50 AM 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

Reporters fail to capture implications of pension provision - A ‘big shift’ tucked into the spending bill goes under-examined

The New Republic: A public trust or a business? - How Chris Hughes turned a 100-year-old publication into a “product”

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

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

The problem with sharing uncredited photos - “Just because you put something on the internet does not give people the right to steal it”


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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