Saturday, August 02, 2014. Last Update: Fri 4:08 PM EST

The Audit

Audit Notes: The Swipe-Fee Battle, Homeless Kids, Angelides on Fire

Bloomberg News has an excellent recount of how the debit-card swipe-fee battle was waged. Its headline is just about perfect:... More

Bank of America’s Big Countrywide Settlement

Bank of America is going to fork over $8.5 billion to mortgage-bond investors lied to by Countrywide Financial, the Wall... More

Pioneer Press On a Renting Crisis and the Almost-Homeless

The St. Paul Pioneer Press does a good job looking at how a serious lack of affordable housing and the... More

A Bloomberg Investigation Exposes Cisco’s Tax Hypocrisy

CEO pushes for a repatration holiday while working hard to move profits overseas

Cisco's billionaire CEO John Chambers has led the recent campaign to let multinationals repatriate their overseas profits to the U.S.... More

Audit Notes: Pogue Problems, Wall Street Arrest, Mortgage Assets Crashing Again

Jim Romenesko scoops that a PR newsletter is selling $159 tickets to watch David Pogue say what pitches he likes... More

Bribery Without Bribers

James B. Stewart brings up an undercovered story; Tyson Foods executives walked

James B. Stewart got off to a strong start this weekend with his new New York Times column, which fills... More

An NYT Default Story Has Finance Industry Tunnel Vision

The paper gets it all wrong on Argentina’s lessons for Greece

The New York Times posted a truly awful story online yesterday headlined "Argentina's Default Offers a Cautionary Tale for Greece."... More

Reuters Brings a Deustche Derivatives Whistleblower to the Surface

Reuters's Matthew Goldstein has an eye-raising scoop today, reporting that Deutsche Bank fired a top credit default swaps trader in... More

Audit Notes: Magnetar Misled, Anonymous But On the Record, WSJ Jet Probe

I wrote about JPMorgan's Magnetar settlement this morning, but it's important to note that it shows once and for all... More

Fraud Without Fraudsters; Fraud Without “Fraud”

The SEC’s settlement with JPMorgan Chase on a Magnetar deal

How is it possible to file a civil fraud lawsuit against a bank without filing them against a banker? That's... More

Audit Notes: Wall Street’s Trib Bust, Pro-Union U.S., Authoritarian Wal-Mart

David Carr looks at James O'Shea's new book on Sam Zell's Tribune Company fiasco and zooms in on O'Shea's reporting... More

Gannett’s Multimillionaires Regret to Inform 700 Workers of Their Layoffs

Imagine if these six execs scrapped the “multi” and took low seven figures

Gannett says "we need to take further steps to align our costs with the current revenue trends," so it's laying... More

Stock Market Chart of the Day: Socialism vs. Cowboy Capitalism

In the appendix of that report on executive compensation and inequality that the Washington Post wrote about the other day,... More

Nocera vs Sorkin, Bank Capital Edition

One of the consequences of Joe Nocera's move to the NYT op-ed page is that his column now appears on... More

Executive Compensation As the Driver of Inequality

A well reported Washington Post story makes a solid case

The Washington Post leads off its new series on inequality with a killer anecdote: It was the 1970s, and the... 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

Journalists subpoenaed in ‘pink-slime’ suit - BPI wants emails from NYT’s Michael Moss, public-health lawyer Michele Simon, and others

Bloomberg struggles to break out of the box - Justin Smith’s ambitious digital transformation hits some bumps

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

Embedded with the Koch brothers - Hometown reporters get rare access to the media-shy oilmen, with mixed results


James Fallows on David Frum’s asserted, then retracted, charge the NYT ran fake photos of Gaza

“For all their blind spots and flaws, reporters on the scene are trying to see, so they can tell, and the photographic and video reporters take greater risks than all the rest, since they must be closer to the action. For people on the other side of the world to casually assert that they’re just making things up—this could and would drive them crazy.”

The 60-second interview: Marty Baron (Capital New York)

CAPITAL: I just noticed that the most-read story right now on your website is an aggregated piece about a Russian lizard sex station in space. BARON: [Laughs] Is that right?

Your iPhone can now make free encrypted calls (Wired)

The beginning of the end of burner phones?

The new face of Richard Norris (GQ)

“‘Richard?’ I say. ‘Richard?’ I shove his shoulder and nothing happens. He is dead. He is on my watch and he is dead. I hear gurgling. Breathing. He’s on my watch and he is not dead.”

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.