Friday, November 28, 2014. Last Update: Wed 10:50 AM EST

The Audit

News Corp. and Murdoch Swamped By Hacking Scandal News

Revelations come fast and furious in the twenty-four hours after a Guardian bombshell

The Murdoch hacking scandal has metastasized twenty-four hours after The Guardian's bombshell that News Corporation's News of the World tabloid... More

Murdoch’s Hacking Scandal Gets Much Worse

The Guardian shows News Corporation at an all-time low (and that’s saying something)

Sometimes you wonder if Rupert Murdoch's empire could get any viler, and then, sure as the sun will rise in... More

The State of the Blog

Felix Salmon Talks to Alexis Madrigal

I’ve felt for a while now that the kind of blogging I do — one person writing a series... More

Audit Notes: Gutting Blame-the-Borrowers, Geithner Going? Wages and Profits

Barry Ritholtz says "First, Blame the Lenders" in a good post today over at The Big Picture on the crisis... More

Deadspin Is Excellent on a Bogus Tax Break for Wealthy Team Owners

Gawker's sports site Deadspin got hold of some New Jersey Nets financial statements from a few years ago and uses... More

Bank of America’s Disastrous Countrywide Deal

The “dumb” money squandered tens of billions of dollars on Angelo Mozilo’s predatory lender

In The Big Short, hedge fund investor Steve Eisman recalled the time he heard Bank of America CEO Ken Lewis... More

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

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

The press is responsible for ignoring Bill Cosby rape allegations - Where were journalists 10 years ago when claims originally surfaced against him?

Journalism has a plagiarism problem. But it’s not the one you’d expect - Fareed Zakaria’s case highlights news organizations’ ethical grey areas

4 topics John Oliver explained more clearly than television news - The political satirist brings explainer comedy to HBO viewers

Will radio save science journalism? - WNYC will soon have a new health unit


CNN reporters in Ferguson provide coverage of CNN reporters in Ferguson (Slate)

“[T]here was little that justified CNN’s egocentric coverage”

Which media outlets use ‘illegal immigrant’? (Fusion)

“[I]n spite of all the good reasons not to use the phrase, it is still very easy to find in the US press, even in headlines”

Jack Shafer on losing his job (Capital New York)

“Right now, my immediate plan is to go to work as a lay therapist at The Intercept to bring the healing there so John Cook and Matt Taibbi can return. I have great interpersonal skills.”

On outlets that continue to call unknown drone victims ‘militants’ (The Intercept)

“Like the US drone program itself, this deceitful media practice continues unabated”

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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