Friday, August 02, 2013. Last Update: Fri 2:50 PM EST

The Audit

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CNBC graphic of the day, Greek bond yield edition

Martin Wolf, the anti-CNBC, makes an appearance

Martin Wolf appeared on CNBC today, which is never a good idea. Between all the swishing noises and flashing... More

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Audit Notes: Decline of Labor Edition

Unions, inequality, and billionaires versus organized workers

The New Yorker's John Cassidy writes a smart post on the aftermath of labor's big defeat in Wisconsin and what... More

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The Disingenuous WSJ Opinion Pages

Bogus arguments from Phil Gramm, Glenn Hubbard, and Peggy Noonan

Phil Gramm and Columbia B-school Dean and Romney economic adviser Glenn Hubbard take to the op-ed pages of The Wall... More

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Audit Notes: Whither The Guardian, Blodget breathes fire, CNBC flop

The New Statesman profiles editor Alan Rusbridger

This long New Statesman profile of Guardian editor Alan Rusbridger, which also delves into the financial woes of his paper,... More

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The Seattle Times sinks a local polluter

Investigating the sketchy background of a capsized ship’s owner

Most business investigations focus on corporations and investors. And for good reason: They're the ones with the money and the... More

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Audit Notes: Amazon turns on the A/C, Fairfax’s taxes, Ponzify

The Morning Call's Spencer Soper follows up on his Amazon sweatshop investigation, and reports that the company has since spent... More

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Audit Notes: that 1930s feeling, Facebook small fry, Carter’s Grove

Martin Wolf’s hair is on fire

Martin Wolf's hair is on fire in the Financial Times: Suppose that in June 2007 you had been told that... More

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David Cay Johnston’s excellent corporate-welfare column

What a proposed mall project illustrates about subsidizing developers

Reuters's David Cay Johnston has a great column on corporate welfare that mixes reporting and analysis to show why subsidies... More

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Audit Notes: seaside villas, paywall past, Citi fraud

Line of the day goes to Bloomberg News for this gem from Robert Benmosche, CEO of government-owned AIG (emphasis mine):... More

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Bank of America’s Merrill scandal reignites

The NYT reports former CEO Ken Lewis admits shareholders got bad information

The New York Times's Gretchen Morgenson has a big story today on how Bank of America fooled shareholders into approving... More

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Responding to Shirky on the Washington Post

Transformation is required, and transformation takes investment

Thanks to Clay Shirky for responding to my piece on the financialization of the Washington Post Company, which during the... More

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Audit Notes: the rise of circulation, LAT’s Facebook trend, mobile ads

This Ken Doctor piece on how circulation is becoming the most-important revenue stream at newspapers is a must-read: Unexpectedly, newspapers... More

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Amazon’s California tax squeeze

A WSJ follow story waters down an LAT scoop from two weeks ago

Amazon's long run of not paying collecting state and local sales taxes is coming to an end as legislatures finally... More

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WaPo must transform to survive

Clay Shirky disputes The Audit’s take on the Washington Post’s financial future

Ryan Chittum's "The Washington Post Co.'s Self-Destructive Course" is a blistering attack on the paper's management of its journalistic mission... More

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Audit Notes: Google’s stonewalling, Moody’s spin clinic, USDA mortgages

An NYT story on how the company tried to stymie investigators of its Street View program

This New York Times story is a few days old, but worth flagging. The paper reports on Google's roguish reaction... More

Old TNR vs. New TNR

In one tweet

Luke Russert is the Golden Boy of DC

And it drives young journalists crazy

Oh, #Florida!

Why does Florida produce so much weird news? Experts explain

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