Wednesday, April 16, 2014. Last Update: Wed 3:22 PM EST

The Audit

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A welcome spotlight on trade deals

Reuters’s Johnston goes to Korea to look at the prospects of a new agreement

In March, the Obama administration implemented a trade agreement with South Korea that it promised, implausibly, would create tens of... More

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Audit Notes: Auditor conflicts, Frannie holdup, London Whale pressured

The latest money-laundering scandal points to problems with a business model

Francine McKenna looks at Deloitte's role in the latest money-laundering scandal and how it points to conflicts of interest in... More

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Audit Notes: Singing on Libor, another bank scandal, Star Tribune

The NYT on how banks are turning each other in

The New York Times, in a good page-one story, reports that giant banks are selling each other out trying to... More

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Audit Notes: California’s Enron echoes, Sox toolbox, the Dow’s decade

LAT on allegations that JPMorgan manipulated markets

— Michael Hiltzik had a good column two weeks ago on allegations that JPMorgan Chase manipulated California energy markets: The... More

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The Washington Post’s not-so-good earnings report

The paper puts a positive spin on another poor quarter

Here's how the Washington Post covers its namesake parent company's dismal second-quarter earnings report: Washington Post Co. second-quarter profit up... More

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Audit Notes: Taibbi on TBTF, the paranoid rich, Olympics

An NYT op-ed elides some critical context

It's unclear why The New York Times is running op-eds on finance from a guy who is still operating under... More

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The Times airbrushes Tiger Fund’s flop

A needlessly flattering hedge fund profile omits the basics

The New York Times posts a flacktacular Business Day piece on a new hedge fund named Falcon Edge. This new... More

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Audit Notes: News Corp.’s board, Romney’s taxes, NBC’s Olympics

The paper reports prosecutors are examining whether to charge Murdoch’s directors

The Guardian's Nick Davis, with David Leigh, has another stunner on the hacking scandal. They report that Britain's Crown... More

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Audit Notes: Twitter’s censors, NYT apology, Craigslist’s aggregators

Twitter gave itself a serious black eye today, censoring a journalist for reporting the easy-to-figure-out corporate email address of NBC... More

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Digital goes first at the FT (Updated)

The Financial Times now has more digital subscribers than print ones; running the numbers

Like them or not, newspaper paywalls continue better-than-expected performances, the latest good (for some of us) news coming from The... More

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Audit Notes: more NOLA rumblings, Journatic, well-squawked

A new buyer emerges in New Orleans, Quick and Sorkin did good, etc.

—Can we agree at this point that Advance Publications’s attempt to sell its plans for dramatic newsroom cuts and... More

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A Washington reporter’s review of Barofsky’s book is unintentionally revealing

Shield’s up!

Jackie Calmes's review of Neil Barofsky’s new book, Bailout, to me, says so much more about Washington press culture... More

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Audit Notes: Macabre probe, Wall Street lethargy, linkless hype busters, ‘Chairman of the Fed,’ etc.

A compelling cross-border probe into the body parts business

“When my daughter-in-law touched it, she said that his foot was empty.” That’s right. Someone stole the inside... More

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A WSJ ‘A-hed’ covers the same topic twice

Tapping on the glass of a barometer for quality

Back when News Corp. took over Dow Jones & Co., which some of us didn’t think was a particularly... More

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Audit Notes: UK edition

On hack-gate and the paper that broke it open

Make no mistake about it: the criminal charges unveiled yesterday against former top News Corp. officials mark a major... More

It doesn’t add up - A science writer questions the conventional wisdom of US-born STEM workers

#Realtalk: Dear reader - For small sites, loyalty might be a better path to pageviews

Falling for internet hoaxes - Some people who share satire don’t realize they’re missing the punchline

Digital First plans layoffs (Updated) - High-level executives and high-profile digital projects targeted

Nobody’s that lucky’—except in Florida’s lottery? - Palm Beach Post ferrets out lottery fraud, prompts tightening of “meager” safeguards


The future of Facebook may not say ‘Facebook’

The future of the social network is apps—lots and lots of apps

Bitcoin creator ‘Satoshi Nakamoto’ unmasked-again?

A linguistics analysis suggests that Nick Szabo, a well known name in cryptography circles, is the mysterious father of the digital currency

The Center for Public Integrity’s response to ABC News

“I urge you to go to your reporters and engage in serious self-examination”

The slaughter bench of history

How war has made the world safer and richer

New Jersey’s good government

Despite the bridge scandal, Chris Christie’s state is relatively transparent and accountable. CJR’s Greg Marx talks to Gordon Witkin

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