Monday, November 24, 2014. Last Update: Mon 10:55 AM EST

The Audit

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

Audit Notes: Reuters Withdraws; Leaving Las Vegas; Reregulation, etc.

--Talking Points Memo had a nice catch of Reuters pulling a story headlined "Backdoor taxes to hit middle class" after... More

Target-Rich Environment

We’re all for flood-the-zone coverage of the budget, so a tip of The Audit’s green eyeshade to The Wall Street... More

Volcker Pushed Back

When Wall Street doesn’t like something, one thing is certain: the public will hear about it. The pushback on the... More

Audit Notes: Times Nicked; Defining Populism; Special Dividends; Intrepid Blogger, etc.

--NYTPicker, an anonymous site devoting to giving the Times a hard time, has an interesting item that says the paper... More

On Paulson’s Sole-Source Account in the WSJ’s News Pages

On page 350 of Too Big To Fail, Andrew Ross Sorkin reports on how Hank Paulson reacted that fateful Sunday,... More

NYT’s AIG Story Puts Spotlight on State Insurance Regulation

The anachronism that is state-based insurance regulation has basically gotten a pass in the financial crisis—what with all the problems... More

Audit Notes: Uh Oh, Joe Cassano; Asian Markets; BW Hires

Reuters reports that AIG may have misled investors on material information related to its exposure to subprime mortgages. Investigative reporter... More

Mortgage Securitization in the Roaring Twenties

Floyd Norris has a fascinating column today on new research that shows, yet again, that there's nothing new under the... More

Bloomberg’s Reilly Wrecks the Lex on Fed/AIG

Bloomberg's David Reilly has a terrific column up today on the New York Federal Reserve and what's wrong with its... More

Why won’t journalists ask Bill Cosby the tough questions? - Sexual assault charges are hardly ever mentioned to the TV star

Knoxville’s alt-weekly wasn’t losing money. It got shut down anyway - Scripps pulls the plug on Metro Pulse in favor of an entertainment supplement for the local daily

Chuck Todd’s Obama book says more about the author than it does about the president - ‘The Stranger’ underscores a broader problem with the way we cover politics

Beware labeling Pope Francis a liberal - Political boxes like liberal/conservative and evolutionist/creationist miss his real significance

The Virginian-Pilot produces a breakthrough investigation amid layoffs - Reporter John Holland discusses how the story came together, newsroom cutbacks, and colleagues who cover for each other


Which media outlets use ‘illegal immigrant’? (Fusion)

“[I]n spite of all the good reasons not to use the phrase, it is still very easy to find in the US press, even in headlines”

Jack Shafer on losing his job (Capital New York)

“Right now, my immediate plan is to go to work as a lay therapist at The Intercept to bring the healing there so John Cook and Matt Taibbi can return. I have great interpersonal skills.”

On outlets that continue to call unknown drone victims ‘militants’ (The Intercept)

“Like the US drone program itself, this deceitful media practice continues unabated”

UNITY’s convention is no more (All Digitocracy)

“The organization’s board of directors decided that UNITY will no longer host the quadrennial conferences for which it had become known”

Bloggingheads

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

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