Saturday, November 22, 2014. Last Update: Fri 2:45 PM EST

The Audit

Skimpy Coverage of Levin-Coburn Report From WSJ, NYT

McClatchy, The Huffington Post, and Bloomberg are much better

If you're looking for second-day coverage of the Levin-Coburn report in The Wall Street Journal or New York Times—as I... More

How Wall Street Elites Read the Business Press

What a story says depends on who exactly is reading it

The Picard complaint against JPMorgan, accusing the bank of being “at the very center “of the Madoff fraud, “and thoroughly... More

Audit Notes: HuffPo Shines, Libor Lineup, An FT Slip

I don't know about you, but the best news story I read today on the Levin-Coburn Report wasn't in the... More

The Levin-Coburn Report Coverage

The WSJ and NYT whiff on possible Goldman Sachs criminal referrals

There's all kinds of stuff to chew on in the new Levin-Coburn report, which looks like the toughest such report... More

A Damning NYT Investigation Into Justice Wall Street Style

Bankers skate as regulators and prosecutors protect financial interests above all else

The New York Times has the story of the week, a superb investigation into why there haven't been prosecutions on... More

Audit Notes: Main Street Corp., The Do-Nothing Deficit Fix, Hugh Grant

The Wall Street Journal runs a banner headline across the top of page one that says: Risk Rule Riles Main... More

Banana Republic

Alt-weekly and mainstream exposés on how the richest Americans game the tax system

David Cay Johnston has a fantastic piece out on "9 Things The Rich Don't Want You To Know About Taxes"... More

The AP Falls For a Bogus Press Release

No excuse for that silly mistake but points for cleaning up the mess

Henry Blodget wants to know if we're going to blast the Associated Press for falling for a hoax press release... More

Audit Notes: Perk Up, Core Inflation, What Passes for News

USA Today takes a long look at CEO perks, but it doesn't do a good job of prioritizing the really... More

Taibbi on a Fed Bailout the Business Press Buried

Matt Taibbi of Rolling Stone zeroes in on an interesting detail from the Federal Reserve's bailouts: The Fed lent big... More

A Ridiculous Take on the Mortgage Settlement

Cheyenne Hopkins of American Banker, who first published the terms of the proposed mortgage servicer settlement in March, has now... More

A Vulture Fund Sob Story

Matt Wirz probably can’t be held responsible for the headline the WSJ put on his story today — “For Vultures,... More

LAT on the U.S. As Low-Wage Offshoring Destination

Where does Ikea build a plant when it wants to offshore work to pay poverty wages, bust unions, force mandatory... More

NYT Eyes a Conflict of Interest at JPMorgan

The bank made a couple billion dollars as its clients lost their shirts

The New York Times looks at a lawsuit over conflicts of interest at JPMorgan and how the bank covered its... More

Audit Notes: Race to the Bottom, More Corporate Welfare, Money Is Fungible

The New York Times is good to take a look at how neighboring states race to the bottom bidding to... More

Why won’t journalists ask Bill Cosby the tough questions? - Sexual assault charges are hardly ever mentioned to the TV star

Knoxville’s alt-weekly wasn’t losing money. It got shut down anyway - Scripps pulls the plug on Metro Pulse in favor of an entertainment supplement for the local daily

Chuck Todd’s Obama book says more about the author than it does about the president - ‘The Stranger’ underscores a broader problem with the way we cover politics

Beware labeling Pope Francis a liberal - Political boxes like liberal/conservative and evolutionist/creationist miss his real significance

The Virginian-Pilot produces a breakthrough investigation amid layoffs - Reporter John Holland discusses how the story came together, newsroom cutbacks, and colleagues who cover for each other


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”

UNITY’s convention is no more (All Digitocracy)

“The organization’s board of directors decided that UNITY will no longer host the quadrennial conferences for which it had become known”

Bloggingheads

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

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