Saturday, December 20, 2014. Last Update: Fri 5:42 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

Hey millionaire tech bros: Have patience with the editorial process - Chris Hughes probably wanted to enable great journalism at first. Then the dust settled and before you know it, he’s shaking everything up again

Serial creators don’t know what will happen to Adnan Syed - New developments in his legal case suggest that the outcome is wide open

Price hike at UC Berkeley’s journalism school - Governing body approves additional fee of $7,500 starting 2016

Will Denver really have a newspaper war? - As a billionaire floats reviving the Rocky Mountain News, The Denver Post might buckle its chin strap

FOIA reform dies while the press looked the other way - RIP Improvement Act of 2014


The traffic lure of outrage (Slate)

“I didn’t become a journalist to peddle indignation on Facebook. But it sells—the page views don’t lie.”

NBC news producer’s sons were in the besieged school in Peshawar (NBCnews.com)

“I remained silent and didn’t know what to say — I know how such attacks on schools usually end”

Hero mom calls into CSPAN to berate her arguing pundit sons (WaPo)

“This was not planned. She called in on the normal line.”

Dick Cheney doesn’t want to call it torture but the media doesn’t have to follow (Vox)

“People deserve to know that the American government (proudly!) did things that in any other context are called torture”

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.