Friday, August 01, 2014. Last Update: Fri 4:08 PM EST

The Audit

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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

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Audit Notes: Facebook IPO edition

Why the flop matters

Joe Nocera glosses over the problem with Facebook's IPO in arguing that we shouldn't care whether its shares plunged after... More

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The private-equity problem with Romney and GS Technologies (UPDATED)

Loading up a company with debt to ensure Bain’s own profits

It's seriously grating to see an Eton and Oxford-educated ambassador's son who works for the Council on Foreign Relations rant... More

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Sorkin’s Glass-Steagall straw man

Of course its repeal contributed, directly and indirectly, to the financial crisis

Here's the headline for Andrew Ross Sorkin's column on Tuesday about Glass-Steagall and the financial crisis: Reinstating an Old Rule... 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

Journalists subpoenaed in ‘pink-slime’ suit - BPI wants emails from NYT’s Michael Moss, public-health lawyer Michele Simon, and others

Bloomberg struggles to break out of the box - Justin Smith’s ambitious digital transformation hits some bumps

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

Embedded with the Koch brothers - Hometown reporters get rare access to the media-shy oilmen, with mixed results


James Fallows on David Frum’s asserted, then retracted, charge the NYT ran fake photos of Gaza

“For all their blind spots and flaws, reporters on the scene are trying to see, so they can tell, and the photographic and video reporters take greater risks than all the rest, since they must be closer to the action. For people on the other side of the world to casually assert that they’re just making things up—this could and would drive them crazy.”

The 60-second interview: Marty Baron (Capital New York)

CAPITAL: I just noticed that the most-read story right now on your website is an aggregated piece about a Russian lizard sex station in space. BARON: [Laughs] Is that right?

Your iPhone can now make free encrypted calls (Wired)

The beginning of the end of burner phones?

The new face of Richard Norris (GQ)

“‘Richard?’ I say. ‘Richard?’ I shove his shoulder and nothing happens. He is dead. He is on my watch and he is dead. I hear gurgling. Breathing. He’s on my watch and he is not dead.”

Bloggingheads

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

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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.