Tuesday, September 23, 2014. Last Update: Mon 3:04 PM EST

The Audit

The WSJ Spotlights Working Class Woes

The Wall Street Journal puts the woes of the working class front and center (on page one) today, using the... More

The Deal’s Audit Gotcha

Trade-mag editor falsely implies that we pull punches at CJR

Anyone who's read half an Audit post would find it laughable to think that we bow down to Wall Street.... More

The Daily Show Gets Jim Cramer Again (and Bernie Goldberg)

But they’re not alone in their credulity on former baseball-star Lenny Dykstra

If you haven't seen Jon Stewart's evisceration of former-baseball-star-turned-investment-guru-turned-bankrupt Lenny Dykstra, as well as some of his fawning admirers in... More

Ugly Numbers on Toxic-Asset Prices Signal More Trouble

I've long called for more reporting on a critical question in the financial crisis: how much the toxic assets clogging... More

NYT’s Ben Stein Hawks Misleading Credit Score Site

Felix Salmon is right: What's a New York Times business columnist doing in an ad for a company that uses... More

Fortune Looks at Automated Trading After a Code Theft

It's been a week and a half since news broke of the computer-code theft at Goldman Sachs threw the automated-trading... More

Goldman Sachs to the Forefront

Rolling Stone, a computer-code theft, and boffo profits focus attention on the bank

The Goldman Sachs story is just getting bigger, and I get the sense it may be AIG time for Goldie.... More

Bloomberg Gets a Scoop on a Too Big to Fail Tax

Bloomberg reports today that the Obama administration—or at least parts of it—are planning to levy fees on giant financial institutions... More

The Times on the Real Unemployment Crisis

The New York Times David Leonhardt this morning shines a spotlight on the real conditions in the labor markets—ones that... More

Audit Interview: James L. Bothwell

The author of a definitive ‘94 GAO derivatives report talks about industry pushback and financial-press complacency

A few months back, The Audit's Elinore Longobardi took a a long look at how the press failed in its... More

Time Gets the Stimulus Wrong

I wrote yesterday that The Wall Street Journal had been too accommodating of White House spin on stimulus spending. Today,... More

Obama Spins New Stimulus Spending Line into the WSJ

The Journal this morning regurgitates some abject spin from the White House on the economy. It's clearly part of a... More

Journal: Option ARMs Doing Worse than Subprime

The Journal has an interesting little news story this morning on option adjustable-rate mortgages, reporting that these time bombs now... More

Bloomberg’s Weil Asks the Right Questions on Goldman

Jonathan Weil zeroes in on the incredible statement by the prosecutor in the Goldman Sachs code-theft case that if Goldman's... More

Slate Takes on the Prosperity Gospel Peddlers

Slate is good to take a fresh look, in the second year of the financial crisis, at the "Prosperity Gospel,"... More

Stop using ‘Brooklyn’ to mean hipster neighborhoods - Elite-oriented outlets typically only cover the borough’s most affluent, Manhattan-adjacent neighborhoods

The Reporters Committee is about to start suing people to help journalists - Katie Townsend joins the organization as its first litigation director

How a Nebraska newspaper kicked off a major prison sentencing scandal - The Omaha World-Herald found that hundreds of inmates were being released early

On media freedom, United Nations plays by its own rules - Months of international crises raises the stakes for reporting on the UN, but investigative journalists remain without a right to information

Keep calm and write a headline worth reading - Ease up on the exaggerations because someday you may need those explosive adjectives when a truly big story lands


Female sportscasters are speaking up (NYT)

“[i]n the wake of the recent scandals, women have been driving the story, providing a perspective that their male counterparts simply cannot”

Adviser of high school paper that refused to use ‘Redskins’ suspended (Student Press Law Center)

“Amid a months-long battle with administrators for editorial control … the Playwickian’s faculty adviser was suspended for two days this week”

Apple’s ‘warrant canary’ disappears (GigaOm)

Apple included language in its first Transparency Report to say that it had not been subject to a Section 215 Patriot Act request. That language is now gone.

Trend Piece (New Yorker)

Buzzword, buzzword, buzzword. Isn’t the buzzword on your mind now? Perhaps it is on other people’s minds? Read on or you’ll be clueless, dated, and without any friends in the world. Buzzword again!

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.