Thursday, August 28, 2014. Last Update: Thu 2:50 PM EST

The Audit

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

Audit Notes: More Murdoch, Hiltzik on the Social Security Trust Fund

A couple of weeks ago, Allan Sloan wrote about Rupert Murdoch is using $673 million of his shareholders' money to... More

Corporate Cousins

A walk down memory lane with the Murdoch media

Daniel Gross brings up the fact that it's been two years since Michael Boskin's editorial in The Wall Street Journal... More

Conflating Social Security and Medicare/Medicaid

Meanwhile, while we're pointing out games journalists play and the question of whether Social Security is welfare, WaPo's Robert J.... More

CNBC Misleads on “Welfare State” Dominance

Bad math overstates government payouts

(UPDATE: See my follow-up post here: A Zombie Lie Is Born: CNBC’s false welfare-state story spreads far and wide.) There... More

The Times Ups the Ante on the SEC’s Madoff Mess

The New York Times has a great scoop this morning advancing the ball on the SEC's entanglement with Bernie Madoff.... More

Deal Myopia in the WSJ and NYT on Hard Drive Merger

Here's a good example of how poorly the business press covers acquisitions that could hurt competition. The Wall Street Journal... More

The NYT Tilts Toward the Banks on Debit Interchange Fees

Edward Wyatt has a big piece in The New York Times on the banks' last-ditch attempts to weaken the rules... More

Apple can’t hide from a 20-year-old reporter - The University of Michigan student gets behind the tech titan’s newest products

Al Jazeera America struggles to get off the margins - A quality-first strategy faces huge hurdles

Finding James Foley - This 2013 story takes a look at GlobalPost’s search for the photojournalist

Gannett cribs from Advance Publications playbook for struggling newspapers - Staff compete for fewer jobs; ‘readers become the assignment editor’

Cop corruption probe sparks newspaper feud - A spiked story is at the center of a bitter fight between Philadelphia’s two dailies


The impact of watching executions (PSmag)

“[E]xecutions, even for people who support capital punishment, and even when the criminals being put to death evoke little personal sympathy because of the nature of their crimes, take a toll on witnesses”

Times of India demands employee social media passwords (Quartz)

The company will possess log-in information and will be free to post any material to the account without journalists’ knowledge

Reconnecting with a story source, 17 years later (Hartford Courant)

“People who say reporters exploit people? You are right, we do. We parachute into people’s lives, sidle up, convince them that we care — and then disengage when the story is over. But that doesn’t mean we don’t connect, in a genuine way.”

The McDonald’s in Ferguson (LAT)

“Lately, the restaurant has taken on the appearance of a battered frontier outpost”

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

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Questions and exercises for journalism students.