Wednesday, December 17, 2014. Last Update: Wed 1:10 PM EST

The Audit

Reuters: Bureaucrats Fighting Consumer Agency to Protect Turf

Getting a Consumer Financial Protection Agency passed is going to be hard enough, given how the still-extremely-powerful banking industry has... More

The LA Times’s Incomplete Swipe at Credit Cards

The LA Times columnist David Lazarus reports this morning that credit-card companies are doing an "end run" around impending regulation... More

A Code Theft at Goldman Is a Tantalizing Story

Reuters' Matthew Goldstein broke a fascinating story on Sunday, reporting that a Goldman Sachs computer programmer stole at least part... More

The WSJ Gives Its Well-Off Readers a Glimpse of Poverty

It may seem obvious, but not everybody gets that increasing government safety nets during a downturn pumps money directly into... More

The FT Finds Wall Street Up to Its Old Tricks

And dog bites man, but it’s still important news

The Financial Times led its front page with a major story today on the return of those dread words "financial... More

The AP Is Too Optimistic on Obama’s Too Big To Fail Plans

The Associated Press looks at Obama's regulatory-reform plan and finds reason for hope on its approach to tackling Too Big... More

Miami Herald Finds Florida Fudged for Stanford

The Miami Herald has a great investigation on the Allen Stanford scandal, reporting that a Florida regulator allowed the conman... More

Amplifying the Drumbeat on the “Overdraft Protection” Racket

The issue picks up momentum in the financial press

It's The New York Times turn to do a nice story on "overdraft protection" practices. The Journal had one yesterday... More

Journal: Wall Street Pay Could Set Records

That didn't take long. The Journal reports this morning that Wall Street compensation is on track to possibly outdo 2007... More

WSJ Shows How Personal-Finance Pieces Ought to Be Done

It's rare to read a genuinely good personal-finance story, so I was glad to see Karen Blumenthal's column in The... More

NYT: Banks Gearing Up to Kill New Consumer-Protection Agency

Continuing the theme of the press focusing on the lobbying efforts of the financial industry to keep the status quo,... More

ProPublica, Post Watchdog Senator’s TARP Meddling

ProPublica and the Washington Post are making a nice little team this week. On Monday they wrote about how General... More

NY Times Chugs the Dr Pepper

How can The New York Times be this gullible? The paper writes about Dr Pepper Snapple outsourcing its information technology... More

LAT Raises the “Nexus” Sales-Tax Issue

The LA Times has an interesting article today on an overlooked aspect of tax policy: The "nexus" exemption for Internet... More

ProPublica, the Post Bring GE Into the Light

Props to ProPublica and the Washington Post for a joint story on how General Electric has benefited from $74 billion... More

Hey millionaire tech bros: Have patience with the editorial process - Chris Hughes probably wanted to enable great journalism at first. Then the dust settled and before you know it, he’s shaking everything up again

Serial creators don’t know what will happen to Adnan Syed - New developments in his legal case suggest that the outcome is wide open

Price hike at UC Berkeley’s journalism school - Governing body approves additional fee of $7,500 starting 2016

Will Denver really have a newspaper war? - As a billionaire floats reviving the Rocky Mountain News, The Denver Post might buckle its chin strap

FOIA reform dies while the press looked the other way - RIP Improvement Act of 2014


NBC news producer’s sons were in the besieged school in Peshawar (NBCnews.com)

“I remained silent and didn’t know what to say — I know how such attacks on schools usually end”

Hero mom calls into CSPAN to berate her arguing pundit sons (WaPo)

“This was not planned. She called in on the normal line.”

Dick Cheney doesn’t want to call it torture but the media doesn’t have to follow (Vox)

“People deserve to know that the American government (proudly!) did things that in any other context are called torture”

Lessons from factchecking, and the limits of journalism (Feministing)

“Fact-checking taught me a lot, and here’s one thing I learned: One of the main purposes of fact-checking is to correct journalism’s bias toward a ‘good story’ above all else”

Bloggingheads

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

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A report from the Columbia University Graduate School of Journalism

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