Friday, July 25, 2014. Last Update: Thu 3:45 PM EST

The Audit

Audit Notes: Picturing the Turmoil, WSJ vs. SmartMoney, Long Crisis

Lots of people are linking the Brokers With Hands On Their Faces Blog in the midst of the market turmoil... More

SmartMoney Makes a Hash of the Downgrade

Says borrowers face higher rates, despite sinking Treasury yields

Speaking of the Journal overhyping the S&P downgrade of U.S. Treasurys, its sister magazine SmartMoney has a doozy of a... More

The Journal Hypes the Downgrade

A three-day-old story gets the overkill treatment

That Standard & Poor's downgraded the U.S. from AAA to AA+ is a big story no doubt. But The Wall... More

Audit Notes: Murdoch’s Board, Hedge Funds Selling

How awful is News Corporation's corporate governance (among other things)? Bloomberg News on Viet Dinh, the guy who wrote the... More

The Long Crisis

The current tumult had its origins in the housing bust and Crash of 2008

The Wall Street Journal's new Money & Investing chief, Francesco Guerrera, has an awfully narrow perspective about "Why This Crisis... More

Market Mess

Troubles pile up for the financial system and the economy

What happened in the markets today? Good luck figuring that out (you can't, really). Let's just say it's some combination... More

Blaming the Audience: Almost Always a Bad Idea

Marketplace's Heidi N. Moore lays into a listener for getting upset about Wall Street wanting to cut her entitlements. In... More

Audit Notes: Decline and Fall, Inflation Falls Again, Stress Indicators

Your Decline and Fall Moment of the Day comes from Standard & Poor's, the credit-ratings firm that was a core... More

Audit Notes: Panic in the Markets

The Dow Jones Industrial Average plunged 512 points today, some 4.3 percent, as panic takes hold in global markets. The... More

Excellent Reporting on the Revolving Door By American Banker

Paper’s FOIA request shows a former FHA commish palling around with his future employer

American Banker has a terrific story on the revolving door, digging into the records of former Federal Housing Authority commissioner... More

Audit Notes: Some Recovery, Tom Watson Profiled, Debt Myths

Calculated Risk gives us four indicators the National Bureau of Economic Research uses to call and date recessions and recoveries.... More

WSJ Fronts Amazon’s Tax Avoidance Strategy

Color-coded maps tell employees which states are safe, bad, and neutral

It's nice to see The Wall Street Journal take a page-one look at Amazon's aggressive tax avoidance, something I've written... More

The Wall Street Journal: Murdochification Watch

The paper runs a thinly sourced, and quickly denied, scoop on non-News Corp. bribes

Rupert Murdoch's Wall Street Journal, unsurprisingly, hasn't done a whole lot of digging on the News Corp. hacking scandal. Or... More

Despite Debt Ceiling Deal, Wishy-Washy Stock Market Stories

The House approved the debt-ceiling/spending cuts deal after markets closed yesterday, and the Senate passed it today. The Dow is... More

Audit Notes: The Murdoch Lobby at Work, Davies in America, Audit Radio

Roger Cohen, author of one of the worst Murdoch apologies of the hacking scandal, heads to David Cameron and Rebekah... 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 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.”

Insufferable parenthetical asides, ranked (The Hairpin)

18. (strictly for the mise-en-scene)

You are now entering the demented kingdom of William T. Vollmann (TNR)

“Franzen tells a hilarious story of being a young writer in New York, meeting Vollmann, becoming fast friends, and inaugurating a draft swap. A while later, they exchanged work. Franzen gave Vollmann a dozen chiseled pages. Vollmann gave Franzen an entire novel.”

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.