Thursday, September 18, 2014. Last Update: Thu 6:50 AM EST

The Audit

A Columnist Recants, but the WSJ Edit Page Won’t Hear it

The paper runs a flawed column and declines to publish the retraction

A year and a half ago, George Mason University economics professor Daniel B. Klein wrote a column about his finding... More

Hudson On the Systemic Corruption of the Mortgage Business

The Center for Public Integrity Michael Hudson has another excellent installment of his investigation into the culture of fraud at... More

BW Oversells Its Story on Americans and Dirty Jobs

This Bloomberg BusinessWork cover story from last week on "Why Americans Won't Do Dirty Jobs" takes an uneven look at... More

FT Style Undermines A Good Investigation

The Financial Times has a good investigation today into how hedge funds are stocking their boards with directors in the... More

Audit Notes: Occupy Maybelline, Abramoff on the Revolving Door, News Corp. (UPDATED)

The Occupy Wall Street movement is already having its dissent commodified. As BagNews shows, this Maybelline commercial shows its models... More

Skeptical and Not-So-Skeptical Coverage of Angie’s List

A hot IPO for a dot.com that loses tons of money

Social media site Angie's List IPO'd yesterday, and the market now values it at nearly $900 million. While those are... More

Audit Notes: Net Exposure, Crain’s Chicago Probe, Angelo’s Tumblr

Gillian Tett of the Financial Times shows why banks hedging their European exposure with credit-default swaps aren't necessarily actually hedged.... More

Nonprofit News and the Tax Man

The IRS questions whether journalism startups qualify for tax-exempt status

The future of nonprofit news organizations has hit an unexpected roadblock in the agency that determines their tax-exempt status: The... More

Audit Notes: Fraud Prosecutions Plunge, Robber Barons, Zoning Fight

Here's the chart of the day, from Syracuse's Transactional Records Access Clearinghouse via The New York Times's Catherine Rampell: Prosecutions... More

Reuters On the “Payment Protection” Scam

Plus, an American Banker columnist’s predatory-lending past

Reuters puts the spotlight on the scam that is the multi-billion-dollar credit-card insurance industry, which promises to cover payments if... More

Audit Notes: Farmland Booms, Regulation and Jobs, Euro Sell-off

The Wall Street Journal reports that farming is making something of a comeback on the edges of metro areas amid... More

Confused NYT Coverage of Obama Health Care Law’s Prospects

The New York Times can't make up its mind on what a Supreme Court ruling against Obama health care plan's... More

Bloomberg Gives Newt Another Frannie Headache

Executives contradict Gingrich’s account of his advice

Newt Gingrich has a Frannie problem. The former Speaker of the House used to work for Freddie Mac but is... More

Insider Trading in Congress

A new book puts faces on data suggesting members enrich themselves with nonpublic information

If I could short Congress, I would right now. Last night's 60 Minutes report, based on the work of conservative... More

The Times Eyes New Fees From the Banks

Everybody who skipped Bank Transfer Day ought to read this New York Times story today on how giant banks are... More

The Tea Party is timeless - Richard Hofstadter’s Anti-Intellectualism In American Life reviewed

How misinformation goes viral: a Truthy story - Conservative media’s reaction to an Indiana University project shows how shoddy information can quickly become an online narrative

Do you know Elise Andrew? - The creator of the Facebook page “I fucking love science” is journalism’s first self-made brand

Goodbye and good luck to all of us - Dean Starkman on leaving CJR

When quitting goes viral - Thanks to social media, resignations get a global audience


Trend Piece (New Yorker)

Buzzword, buzzword, buzzword. Isn’t the buzzword on your mind now? Perhaps it is on other people’s minds? Read on or you’ll be clueless, dated, and without any friends in the world. Buzzword again!

This Is How Joanna Coles Changed Cosmo (Refinery29)

The British reporter-turned-editor has made good on her promises to bring politics to the magazine, win some very big-deal journalism awards, and secure the most interesting exclusive interviews

Awareness, #Awareness, and Ray Rice (The Classical)

The coverage of Ray Rice’s punch is not translating into offering information on domestic violence

Bloggingheads

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

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