Sunday, October 26, 2014. Last Update: Fri 3:49 PM 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The Plain Dealer imposes draconian cuts in the name of an outdated strategy for newspapers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


How one reporter copes inside the ‘Ebola bubble’ (BuzzFeed)

“Bring gloves to give nurses you meet at clinics, even if you’re there for a story. Get small change to give to the kids who have been out of school for months and are selling ground nuts for pitiful sums on the side of road. Hell, give them candy. Violate all the principles of ostensibly good aid stewardship, because the good stewardship of the developed world didn’t get help here in time, and now everyone is dying around you.”

Fake news sites using Facebook to spread Ebola panic (The Verge)

“These sites claim to be satirical but lack even incompetent attempts at anything resembling humor”

How Ben Bradlee dealt with flacks (Washington Post)

“I would like to be sure that you understand that we trust our editors’ news judgement and that we distrust yours”

Ben Bradlee, 93 (WaPo)

“From the moment he took over The Post newsroom in 1965, Mr. Bradlee sought to create an important newspaper that would go far beyond the traditional model of a metropolitan daily”

Bloggingheads

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

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