Saturday, August 23, 2014. Last Update: Fri 2:50 PM EST

The Audit

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Introducing Best Business Writing 2012

Columbia Journalism Review Books has just published Best Business Writing 2012, featuring pieces by Paul Krugman, Martin Wolf, Matt Taibbi,... More

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Audit Notes: bad banks edition

Too big to behave or to fail

Gretchen Morgenson writes about how the interest-rate swaps Wall Street encouraged government agencies to take out are costing governments billions... More

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Owens’s straw man army

A commentator takes 10 swings at paywalls, and misses each time

Howard Owens's 5,200 word CJR riposte to David Simon on paywalls deserve a reply of its own (outside of its... More

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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

Why Obama’s statement on reporters’ arrests in Ferguson is hypocritical - The president defends reporters in Ferguson, but demands compliance from James Risen

Apple can’t hide from a 20-year-old reporter - The University of Michigan student gets behind the tech titan’s newest products

Finding James Foley - This 2013 story takes a look at GlobalPost’s search for the photojournalist

Gannett cribs from Advance Publications playbook for struggling newspapers - Staff compete for fewer jobs; ‘readers become the assignment editor’

First Look runs headlong into journalism’s two big problems - Growing pains at the Omidyar/Greenwald venture


The McDonald’s in Ferguson (LAT)

“Lately, the restaurant has taken on the appearance of a battered frontier outpost”

Tour guide wars at a Paris cemetery (WSJ)

“Because dead men tell no tales, visitors to Père Lachaise cemetery lend their ears to Bertrand Beyern”

Last call (Medium)

“The death of newspapers is sad, but the threatened loss of journalistic talent is catastrophic. If that’s you, it’s time to learn something outside the production routine of your current job.”

Maureen Dowd on James Risen (NYT)

“Risen may be trapped in Ibsen, but Obama is channeling Orwell”

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.