Wednesday, July 23, 2014. Last Update: Wed 3:17 PM EST

The Audit

Mark-to-Market and the Last Honest Man

Jonathan Weil over at Bloomberg finds a great way to illustrate the see-no-evil-hear-no-evil policy being instituted by the accounting-standards board... More

“Too Big to Fail”: The Debate

Felix Salmon (over at his new digs at Reuters) and Kevin Drum of Mother Jones are having a back-and-forth over... More

Accounting Funny Business

A reader emails to point out a good Slate column from the 2002 era of Enron, WorldCom, Tyco, Global Crossing,... More

Journal Good on FASB but Should Be Better

The Journal is good today in showing how the proposed new rule gutting mark-to-market accounting would be counterproductive to healing... More

Failing on “Too Big to Fail”

The Journal, Bloomberg, and Reuters have stories on a Fed president, Gary Stern, saying the government is to blame for... More

Fresno Bee On the Ground with the New Joads

The Fresno Bee goes to the "unemployment capital of California" and returns with some stark imagery, scenes that conjure the... More

Boston Globe Is Excellent on Pension Insurer’s Bad Bets

Yesterday, The Boston Globe unloosed a superb piece of accountability reporting, writing that the Bush administration decided to move* the... More

BusinessWeek: Unemployment’s Worse Than You Think

BusinessWeek runs a nice story looking at the unreliability of unemployment statistics and how they're underestimating actual unemployment—something I criticized... More

Thinning Out the Journal’s Front Page

This Wall Street Journal A1 story today takes a rubbery strand of data about consumer borrowing and stretches it past... More

The Journal Games Out Depression Scenarios

I like this Wall Street Journal piece today looking at the odds of entering a depression, what that would mean,... More

Bloomberg on Papering Over Banks’ Losses

Bloomberg reports that the proposed changes to mark-to-market accounting rules could boost paper profits at banks by 20 percent. Hey,... More

NYT: Heads They Win, Tails They Win a Bit Less

The Times looks at a piece of the unaccountability culture in corporate America: Changing stock-option strike prices (legally) to make... More

Just What’s Left in the Metro Dailies?

NYU prof and Press Thinker Jay Rosen has had it with what he calls "replaceniks"—those who throw out the red... More

WaPo Scoop Shows Government’s Bailout Conflicts

The Washington Post fronts a pretty big scoop on friction at Freddie Mac caused by its untenable straddling between responsibility... More

Journal’s Good Effort on the Immigration Backlash

The Wall Street Journal has a really good story today on the government discouraging companies from hiring foreign workers. First... More

How Forbes got to $475 million - That’s what a Hong Kong investor has agreed to pay for a firm that two years ago had trouble paying its rent

Are female journalists up to the job of a Jill Abramson interview? - Reporters avoid unflattering discussion about her firing

How to check if that viral video is true - Journalists don’t always verify user-generated content, so readers need to learn how to verify what they see online

The Grand Dame of Florida reporting has retired twice, but she’s still causing trouble - A conversation with the Tampa Bay Times’ Lucy Morgan

Brick by brick - After years of shrinking ambition at The Washington Post, Jeff Bezos has the paper thinking global domination


Insufferable parenthetical asides, ranked (The Hairpin)

18. (strictly for the mise-en-scene)

You are now entering the demented kingdom of William T. Vollmann (TNR)

“Franzen tells a hilarious story of being a young writer in New York, meeting Vollmann, becoming fast friends, and inaugurating a draft swap. A while later, they exchanged work. Franzen gave Vollmann a dozen chiseled pages. Vollmann gave Franzen an entire novel.”

39 pieces of advice for journalists and writers of color (BuzzFeed)

“Make yourself indispensable. Dispel any rumors, however quiet, that you are just there for a ‘quota’”

Bloggingheads

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

  • If you like the magazine, get the rest of the year for just $19.95 (6 issues in all).
  • If not, simply write cancel on the bill and return it. You will owe nothing.

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.