Wednesday, October 22, 2014. Last Update: Tue 11:00 AM EST

The Audit

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Audit Notes: JPMorgan and FERC, no NYT dividend, SEC filings

LAT’s Hiltzik hits yet another Wall Street wrist-slap

Michael Hiltzik slams the Federal Electric Regulatory Commission for letting JPMorgan Chase off the hook with a $410 million fine,... More

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Big Mac numbers too good to check—or to correct

Fixes and non-fixes following a Huffington Post story

The Huffington Post has all but retracted the story on Big Macs and wages that I criticized here (as did... More

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The NYT’s $150 million-a-year paywall

Growth slows sharply, but digital-subscriber revenue is propping up the paper

The New York Times's once-torrid paywall growth continued to slow in the second quarter, adding 23,000 digital-only subscribers. That's the... More

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Audit Notes: The unbanked, Paolo Pellegrini, a debt collector pauses

The NYT on the minor mishaps keep people out of the banking system

You've read a lot about how Big Data can save the world and all that. You don't read much (at... More

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Advance’s forced march backwards

The Plain Dealer imposes draconian cuts in the name of an outdated strategy for newspapers

Advance Publications's remorseless campaign to impose a free-online content model on its regional newspapers exacted another heavy toll with... More

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A Big Mac miss by The Huffington Post

Poor reporting on a “study” by a Kansas undergrad

The Huffington Post reports that McDonald's could double its workers wages by raising the price of a Big Mac by... More

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John Stossel’s poor logic on minimum wages and jobs

Fox host fails to explain away Australia’s high wages and low unemployment

Fox Business's John Stossel is a long-time opponent of the minimum wage. I don't mean he opposes raising the minimum... More

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Audit Notes: Robot truckers, Larry Summers, Detroit not America’s future

Computers take on a last haven of blue-collar jobs

The Wall Street Journal's Dennis Berman has an excellent piece on the future of the truck driver, whom he notes... More

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Audit Notes: Meredith Whitney’s press, Steve Forbes, revolving door

An aversion to the press, proclaimed amidst a press tour

Michael Aneiro of Barron's watches Meredith Whitney, the discredited Cassandra of the municipal-bond market, on CNBC. Whitney has been popping... More

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Minimum sense on the minimum wage

A WSJ op-ed from a front group for low-wage employers gets it very wrong

Minimum-wage earners make nearly a third less than minimum-wage earners did 45 years ago. But it's "intellectually bankrupt" to point... More

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Tax overhaul: big numbers, hidden stories

Multinationals have ways to avoid taxes not available to domestic companies, and momentum is building in both parties to fix a flawed system. A few journalists are taking note.

How big corporations pay--or don't pay--their taxes isn't a subject that gets a lot of quality explanatory coverage, though... More

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Goldman swings, misses, at NYT’s commodities exposé

Bank and newspaper, at odds again

I had a hunch that David Kocieniewski's piece on Goldman Sachs's metals maneuvers would stand up in the face of... More

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Sympathy for the Walmart flack

How the PR-afflicted colossus pushes its “jobs” narrative on a credulous press

On some level you have to feel a little bad for the Walmart flack. You try polishing the image of... More

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The revolving door spins for Robert Khuzami

Former SEC enforcement chief lands a $5 million a year gig

Robert Khuzami made the big bucks as Deutsche Bank's general counsel for the Americas during the subprime securitization orgy, which... More

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NYT exposé machine hums along (UPDATED)

Kocieniewski reveals Goldman’s commodity manipulations; one of a series

Dave Kocieniewski's corker in yesterday's Times is just a gorgeous piece of work, as an investigation, a piece of writing,... More

Stop trolling your readers - We know you’re only doing it for clicks

Des Moines Register prepares for a ‘very stressful’ newsroom restructuring - Editor Amalie Nash speaks on turnover, transformation, and a virtual reality adventure

PBS pulls ads from Harper’s Magazine after critical essay - Piece argues public broadcaster has fallen under the sway of political influence and outside money

Should all journalists be on Twitter? - Reasons to take up or forgo the 140-character platform

The Tennessean is borrowing reporters from other Gannett papers - Music columnist Peter Cooper is latest journalist to part ways with Nashville paper


I’m a black journalists quitting media because I’m sick of racism (TNR)

“Among the challenges that make racism so difficult to fix, and so odiously constant, is that white people often don’t even recognize when they’re saying or doing something that cuts their black colleagues to the bone”

High Times hits middle age (NYMag)

After 40 years, every issue still features a weed centerfold

Lawmakers on why they’re mired in place (Esquire)

Mark Warren “spoke with 90 members of the House and Senate about what’s gone so wrong in Congress. Sometimes it got a little emotional.”

My childhood friend, the ISIS jihadist (Mashable)

How a young Danish man turned extremist

Bloggingheads

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

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