Sunday, November 23, 2014. Last Update: Fri 2:45 PM EST

The Audit

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

Audit Notes: Journalists Subpoenaed, Private Pension Woes, Galleon

Matthew Goldstein of Reuters reports that several business journalists are caught up in the crossfire between Fairfax Financial and hedge... More

The WSJ Overreaches On Wisconsin Democrats Story

The Wall Street Journal went A1 with a big scoop this morning that "Democrats to End Union Standoff" in Wisconsin.... More

Audit Notes: Fox on the Overpaid, Winkler Smiles, FT Ads

The Fox News propaganda machine has been ramped up to portray $700 a week teachers and other government employees as... 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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A report from the Columbia University Graduate School of Journalism

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