Tuesday, July 29, 2014. Last Update: Tue 6:50 AM EST

The Audit

Audit Notes: It’s Wall Street’s Deficit, Dimon Steps In It, Red-Faced Mortgage Bankers

Simon Johnson looks at the "Ruinous Fiscal Impact of Big Banks" over at The New York Times's Economix blog: First,... More

WSJ on Harry Markopolos’ Whistleblowing Shell Companies

The Wall Street Journal has a very interesting scoop this morning on a lawsuit accusing banks of gouging pensioners and... More

Beware the WSJ’s Pay Statistics

This is getting to be a habit: today's WSJ article claiming that Wall Street pay has hit a new record... More

Audit Notes: Hacked Off Tabs, A Mirage Economy, Wall Street’s Record Pay

The New York Times has another interesting story on News Corporation and its hacking scandal, this time reporting on a... More

Leonhardt’s Good Look at the Corporate Tax Landscape

David Leonhardt gives us a nice roundup of the corporate-tax issue, which you're bound to be hearing a lot more... More

Audit Notes: Hamster Wheel Manifesto, Shorts and the Bubble, Economy Picks Up

Business Insider got hold of an AOL document laying out the company's "master plan" for its content farm. I think... More

Some Very Bad Housing Advice in The Philly Inquirer

Erin Arvedlund -- yes, that Erin Arvedlund -- has a pretty crazy column in the Philadelphia Inquirer, under the headline... More

Bloomberg News Pops the Meredith Whitney Bubble

The analyst can’t back up key 60 Minutes assertions that worsened a muni-bond panic

Bloomberg News lands some real blows on analyst Meredith Whitney in a terrific story this morning. Whitney, famously—or infamously—went on... More

Audit Notes: WSJ on BP, U.S. Props Up Egypt’s Mubarak, NFL Subsidies

The Wall Street Journal continues to lead on the BP disaster. It reported this weekend on emails showing that land-based... More

Just How Anti-Gay Marriage is That Chikin?

The New York Times' story in yesterday's paper about the Southern chicken chain Chick-fil-A leaves much to be desired. Here's... More

Bloomberg Talks to a Cassandra at Davos

I really like how Bloomberg puts together this story on a financial consultant warning the end is nigh from the... More

Audit Notes: Politico’s Goldman PR, ProPublica Vindicated, Mark to Myth

The Huffington Post's Peter S. Goodman points to a bizarre report in Politico this morning: Much was made of a... More

Financial Crisis Inquiry Commission FAIL

Mostly lackluster coverage of a lackluster report

The Financial Crisis Inquiry Commission released its report yesterday and the press play indicates that it's either an utter failure... More

Audit Notes: Baffled Wall Street Historians, Too Much Demand, Deficits to Shrink

Here's your Quote of the Day, from The New York Times's story on the Financial Crisis Inquiry Commission report. Wall... More

Fact Checking the Fact Checkers

PolitiFact is half right on two State of the Union truth-o-meters

Commenter James asked me to take a look at a couple of verdicts from PolitiFact on the State of the... 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

Are female journalists up to the job of a Jill Abramson interview? - Reporters avoid unflattering discussion about her firing

How to check if that viral video is true - Journalists don’t always verify user-generated content, so readers need to learn how to verify what they see online

The Grand Dame of Florida reporting has retired twice, but she’s still causing trouble - A conversation with the Tampa Bay Times’ Lucy Morgan

Brick by brick - After years of shrinking ambition at The Washington Post, Jeff Bezos has the paper thinking global domination


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”

The White House deploys minders to interviews all the time (WaPo)

“Almost every officially sanctioned exchange between reporters and the proverbial ‘senior administration officials’ is conducted in the presence of a press staffer”

The down-and-dirty history of TMZ (BuzzFeed)

“TMZ’s real engine — what defines its mission, what legitimizes it and sets it apart — is a unique and controversial mix of scandal mongering and investigative journalism”

The 10 worst New Yorker longreads (Gawker)

“[A]pparently [Adam] Gopnik did not know you could bake fancy breads from France and other cultures. So he got his mom to teach him how to bake them. A fine anecdote, maybe, to tell a friend or a therapist. But in this case he wrote about it for the New Yorker, a magazine.”

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.