Friday, August 01, 2014. Last Update: Fri 6:50 AM EST

The Audit

What About Private Equity?

The industry is getting off easy while it destroys companies and jobs

This from The Wall Street Journal's Overheard on the Street is the stat of the day (okay, it ran yesterday):... More

Justice Says Wall Street Colluded to Gouge Cities and States

Bloomberg scoops (and Dow Jones follows without crediting) that the Justice Department says JPMorgan Chase, Bank of America, and General... More

Audit Notes: Cramer Creamed, Elizabeth Warren, BofA Mods

Reason No. 5 billion not to listen to Jim Cramer or other market snake-oil salesmen: Jim Cramer said on CNBC's... More

The Times Goes Big, and Only a Little Scary, on Social Security

Ten days ago, the AP reported that Social Security “is projected to pay out more in benefits than it collects... More

LA Times Sees an Oncoming Option ARM Wave

The Los Angeles Times looks at the possible impending Option-ARM crisis, something we've asked for more coverage of for a... More

Newspaper Ads Tumbled to 1963 Levels Last Year

But iPad ads show an early glimmer of hope

The New York Times reports that newspaper advertising tanked by more than 27 percent last year, shedding $10 billion from... More

Audit Notes: Tax Break, Lehman CEO, WSJ Sports

The Journal is good to front a story on tax goodies for corporations, noting that JPMorgan Chase is about to... More

Audit D.C. Notes: Kinsley v. Krugman v. Kinsley v….; the Post on Upping Exports; Boutique Bats

A lot of journalism is just asking the big, dumb question, and Michael Kinsley did a good job of that... More

Too Big to Fail and Reform

Simon Johnson of Baseline Scenario points to a tough amendment to the not-so-tough Dodd financial-reform bill (so not-so-tough, in fact,... More

A Fresh Angle on Health Care? Leonhardt Delivers

We’ve given the Times’s David Leonhardt credit before for economic writing that threads the tricky “news analysis” needle, and, in... More

The Long Short

Bloomberg has an interesting tale about hedge-fund biggie Bill Ackman's "greatest short ever," in an excerpt of a forthcoming book... More

Audit Notes: Hapless SEC, Murdoch’s Mega-Losses, BofA Repo 105

Just when you thought your opinion of the SEC couldn't get any lower, the Washington Post goes and looks at... More

Wall Street Stayed Put Despite Pay Fixes

Wall Street is a slippery beast. Whenever it's faced with the prospect of regulatory circumscription, it threatens to take its... More

Audit Notes: Greenspan’s Gall, Presidentializing Markets, Megabanks

Barry Ritholtz wrote an excellent post explaining to Alan Greenspan why, yes, his low-interest-rate policies were critical in the creation... More

Murdoch’s Unhealthy Obsession

Taking on The New York Times isn’t risk-free for the Journal

Richard Pérez-Peña has several interesting bits in his piece on the soon-to-commence Battle for New York between his own New... More

How Forbes got to $475 million - That’s what a Hong Kong investor has agreed to pay for a firm that two years ago had trouble paying its rent

Journalists subpoenaed in ‘pink-slime’ suit - BPI wants emails from NYT’s Michael Moss, public-health lawyer Michele Simon, and others

Bloomberg struggles to break out of the box - Justin Smith’s ambitious digital transformation hits some bumps

The Grand Dame of Florida reporting has retired twice, but she’s still causing trouble - A conversation with the Tampa Bay Times’ Lucy Morgan

Embedded with the Koch brothers - Hometown reporters get rare access to the media-shy oilmen, with mixed results


The 60-second interview: Marty Baron (Capital New York)

CAPITAL: I just noticed that the most-read story right now on your website is an aggregated piece about a Russian lizard sex station in space. BARON: [Laughs] Is that right?

Your iPhone can now make free encrypted calls (Wired)

The beginning of the end of burner phones?

The new face of Richard Norris (GQ)

“‘Richard?’ I say. ‘Richard?’ I shove his shoulder and nothing happens. He is dead. He is on my watch and he is dead. I hear gurgling. Breathing. He’s on my watch and he is not dead.”

How to be a decent entertainment reporter (Eric Danton)

“Here’s how not to suck at it: Don’t write like an entertainment reporter”

Bloggingheads

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

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Who Owns What

The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

Study Guides

Questions and exercises for journalism students.