Friday, July 25, 2014. Last Update: Fri 6:50 AM EST

The Audit

The Times’s Last Goldman Story Mostly Held Up Fine

But it’s not a zero-sum game

Yesterday, I said Goldman had a minor but valid point in spokesman Lucas van Praag's unusual public response to last... More

A Good Counterintuitive Piece on an Ex-Goldmanite

There are a lot of reasons to like this Bloomberg profile of Gary Gensler. First, it's into the weeds of... More

Audit Notes: Bloomberg Day

It’s all-Bloomberg, all-day here on Audit Notes™ --Nobody can manipulate the data ocean in a Bloomberg machine like Bloomberg News,... More

The Times, Goldman and the SocGen Problem

The bank has minor, but valid point in tiff with the paper

The NYT’s Sunday story on the AIG-Goldman collateral fight didn’t break any major news, but it certainly added some useful... More

Audit Notes: BW on Issa; NYT Probes Long-Term “Care”; Eye on CDS; Extreme Tealeaf Reading, etc.

--BusinessWeek has the very good idea to profile Darrell Issa, the California Republican (and wealthiest member of Congress) whom it... More

All Eyes On NHTSA

Press lessons here

The business press continues to turn in devastating reporting on Toyota’s problems and the parallel failures of its main regulator,... More

New Financial Sheriff in Town, Part III

Times highlights SEC’s latest crackdown—on an Estonian brokerage

The Times continues the business-press tradition of hailing new regulators as saviors from the previous bad regulators. "S.E.C. Enforcers Focus... More

Audit Notes: Bloomberg Backs the Buck; WSJ on Future State Taxes; Big Money vs. Student Loansharks; Mortgage Banker Schadenfreude, etc.

Treasury Secretary Tim Geithner did his best on ABC News’s “This Week” to shoot down Moody’s speculation that the U.S.... More

The Wall Street End Game

Barry Ritholtz sees no new news in yesterday’s Times piece recreating the AIG/Goldman talks, which forced the insurer to hand... More

Audit Notes: Wessel on Press Failure; Cohan On a Bailout Mystery Pair; NYT on Student Loans, etc.

--David Wessel, the WSJ's economics editor, displayed admirable candor to a roomful of his financial press colleagues, I thought, in... More

Bond Market Blow-Ups

If another reminder is needed that we should all pay more attention to the bond market, the Greek debt crisis... More

Audit Notes: Bloomberg on Why It’s Hard Being Green; K Street Roll Call; Reuters on AIG’s latest, etc.

--Bloomberg has a smart take on the problem of subsidizing green jobs: a lot of them are created in China.... More

The Journal Reveals Yet Another Mortgage Bug

This is just a good story by Carrick Mollenkamp in the Journal this morning, showing one more trapdoor in the... More

Audit Notes: WSJ v. Pay-to-Play; NIM(Budget)BY; Limousine Liberal, etc.

--Pay-to-play is a scourge of local and state government, and the Journal does a good job ferreting it out this... More

Toyota No Longer Attacking the L.A. Times

The business press has done well documenting Toyota’s spiraling problems, including this morning’s news that U.S. regulators are accusing the... 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

Are female journalists up to the job of a Jill Abramson interview? - Reporters avoid unflattering discussion about her firing

How to check if that viral video is true - Journalists don’t always verify user-generated content, so readers need to learn how to verify what they see online

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

Brick by brick - After years of shrinking ambition at The Washington Post, Jeff Bezos has the paper thinking global domination


The 10 worst New Yorker longreads (Gawker)

“[A]pparently [Adam] Gopnik did not know you could bake fancy breads from France and other cultures. So he got his mom to teach him how to bake them. A fine anecdote, maybe, to tell a friend or a therapist. But in this case he wrote about it for the New Yorker, a magazine.”

Insufferable parenthetical asides, ranked (The Hairpin)

18. (strictly for the mise-en-scene)

You are now entering the demented kingdom of William T. Vollmann (TNR)

“Franzen tells a hilarious story of being a young writer in New York, meeting Vollmann, becoming fast friends, and inaugurating a draft swap. A while later, they exchanged work. Franzen gave Vollmann a dozen chiseled pages. Vollmann gave Franzen an entire novel.”

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.