Saturday, July 26, 2014. Last Update: Fri 5:17 PM EST

The Audit

The Wall Street Journal Pooh-Poohs Bank Transfer Day

This Wall Street Journal story on Bank Transfer Day, the push to get people to move their money out of... More

WSJ On MF Global and Window Dressing

It looks like Jon Corzine's MF Global tried to hide how much risk it was taking on by temporarily lowering... More

Audit Notes: Toledo Blade Series, Chait on Pethokoukis, Censorship Inc.

The Toledo Blade is running a very good series on middle class people descending into poverty. What I like about... More

Bernanke Calls for Government Spending and Much of the Press Ignores It (Again)

Federal Reserve Chairman Ben Bernanke called for more fiscal stimulus yesterday in his most direct plea yet for the government... More

The Journal Fizzles on Occupy Oakland Protest

Several thousand Occupy movement protestors shut down the Port of Oakland yesterday, a week after Oakland police attacked the protest... More

Bloomberg on How a European AIG Would Hit the U.S.

Big U.S. banks are upping their exposure to Europe by selling credit-default swaps

Bloomberg News has an important report on how sovereign defaults in Europe could infect the U.S. banking system via ye... More

Audit Notes: Bloomberg Goes Wallison, Friedman, Golden Parachutes

Mayor Bloomberg is supposed to be the technocratic mayor of New York City—the anti-wingnut. So what's he doing saying things... More

Subprime Déjà Vu

The Los Angeles Times investigates the Buy Here Pay Here car market

In this market, the companies handing out loans make money whether you pay them back or not. Agents trick hard-luck,... More

More on the Myth of Income Equality

James Pethokoukis of the American Enterprise Institute responds to my criticism of his misleading post on "why income inequality is... More

Audit Notes: The Occupy-Rwanda Connection, Reckless Blame, Jarvis For Dummies

Speaking of Fort Smith's City Wire, the website reports on a talk by former Alltel CEO Scott Ford to the... More

Flack-Driven Local Coverage of a Factory Closure Fails

Fort Smith’s Southwest Times Record blows it on a huge loss to the community

Whirpool is laying off more than a thousand employees in Fort Smith, Arkansas, and shipping the work to Mexico and... More

Weak Coverage of SEC Settlement With Wall Street’s Self-Regulator

This morning's coverage of the SEC's settlement with Wall Street self-regulator FINRA is frustrating. We're told that FINRA, which was... More

Audit Notes: Debt Collector Scams, Occupy Oakland Coverage, Jest

The Washington Post reports on two FTC complaints against California debt collector companies, which "highlight an increase in complaints about... More

Cataloging the Banks’ Crimes and Misdeeds

This excellent Daily Beast piece by Gary Rivlin catalogs the major crimes of the four biggest U.S. banks plus Goldman... More

Audit Notes: More on Inequality, Les Hinton’s Memory

The inequality I talked about earlier today has been caused on a couple of levels. While the market income of... 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

Are female journalists up to the job of a Jill Abramson interview? - Reporters avoid unflattering discussion about her firing

How to check if that viral video is true - Journalists don’t always verify user-generated content, so readers need to learn how to verify what they see online

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

Brick by brick - After years of shrinking ambition at The Washington Post, Jeff Bezos has the paper thinking global domination


The White House deploys minders to interviews all the time (WaPo)

“Almost every officially sanctioned exchange between reporters and the proverbial ‘senior administration officials’ is conducted in the presence of a press staffer”

The down-and-dirty history of TMZ (BuzzFeed)

“TMZ’s real engine — what defines its mission, what legitimizes it and sets it apart — is a unique and controversial mix of scandal mongering and investigative journalism”

The 10 worst New Yorker longreads (Gawker)

“[A]pparently [Adam] Gopnik did not know you could bake fancy breads from France and other cultures. So he got his mom to teach him how to bake them. A fine anecdote, maybe, to tell a friend or a therapist. But in this case he wrote about it for the New Yorker, a magazine.”

Bloggingheads

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

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The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

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Questions and exercises for journalism students.