Thursday, July 31, 2014. Last Update: Wed 2:50 PM EST

The Audit

Supremes Rule for Bloomberg Over the Banks

A big press win as Mark Pittman’s lawsuit pries bailout records from the Federal Reserve

Chalk one up for the people's right to know over the bank arm of the government's right to spend our... More

Bloomberg Keeps Its Documents to Itself

Caleb Newquist has a great post up at Going Concern showing how important it is for news organizations to publish... More

ProPublica and NYT Are Confusing On Second Liens (UPDATED)

Jesse Eisinger has a conspiracy theory about the way that second liens are treated in the proposed mortgage settlement: The... More

The New York Times Paywall Looks Good

Leaky enough to preserve traffic and ads, but strong enough to add incremental revenue

The New York Times paywall is here, and it's about time. Don't ask me why it took so long and... More

The Journal Shines a Light on Modern Debtors’ Prisons

The paper finds creditors, including folks like AIG, getting thousands thrown in jail

The Wall Street Journal has an excellent story today reporting on the country's modern-day debtors' prisons, which I'd thought were... More

The Libor Lag

Why are investigators only now looking into things that happened three and four years ago?

The business papers all report news that the Department of Justice, SEC, and Commodities Futures Trading Commission (and apparently other... More

Gingrich’s Disingenuous Journal Op-Ed

Misleading on Obama, the Bush tax cuts, and the economy

Newt Gingrich is no doubt a smart man. So he surely knows better than to write what he and his... More

Audit Notes: Two Economies, Red-Handed Raj, Life at SXSW

Steven Pearlstein of the Washington Post comments on a new study out from an NYU prof that shows how globalization... More

As the Revolving Door Turns

The Wall Street Journal reports today that the head of the Federal Housing Administration, David H. Stevens, will become CEO... More

Audit Notes: When a Loss Isn’t a Loss, Lehman, WSJ on Nukes

You're going to hear a lot about all the "losses" insurers are going to be taking on the catastrophe in... More

Breakingviews Misses on the Fed’s Debit Card Rules

The banking lobby is pushing back bigtime against the Federal Reserve rules that would force it to stop gouging consumers... More

Watchdogs Eye the AG’s Foreclosure Fraud Settlement

Gretchen Morgenson yesterday criticized the states attorneys general for their proposed foreclosure fraud settlement, writing that it's a slapdash rush... More

Audit Notes: Lehman’s Green Monster, Sands Storm, Amazon Taxes

Bloomberg's Christine Harper Richard and Bob Ivry circle back to the Fenway deal Lehman Brothers made with Hudson Castle that... More

A Zombie Lie Is Born

CNBC’s false welfare-state story spreads far and wide

Two days ago I fisked a false report from CNBC that said more than a third of all wages and... More

The WSJ Flags an Accounting Trick on Private Pensions

The Wall Street Journal had an excellent story yesterday on how major companies are playing around with their pension accounting... 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


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.”

How to be a decent entertainment reporter (Eric Danton)

“Here’s how not to suck at it: Don’t write like an entertainment reporter”

A First Look update (First Look Media)

“[R]ather than immediately launching a large collection of digital ‘magazines’ based on strong, expert journalists with their own followings, as we imagined earlier, we’ll begin by building out the two we’ve started and then explore adding new ones as we learn”

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.