Saturday, December 20, 2014. Last Update: Fri 5:42 PM EST

The Audit

Pearlstein: On China Trade, an Eye for an Eye

Of all the commentary this week on China, none got to the heart of the problem anywhere near as well... More

The NYT Throws Gasoline on the State-Bankruptcy Flames

Talk of introducing legislation allowing states to declare bankruptcy began in earnest in November. A speech by Newt Gingrich was... More

Inc.’s Excellent Story on Entrepreneurship in Norway

Max Chafkin has a fantastic story in Inc magazine about how to structure an economy so as to encourage entrepreneurship,... More

Audit Notes: The Too Big to Fail Get Bigger, News Corp. Scandal, FT on Fire

The Huffington Post reports that the Obama administration, far from splitting up the too-big-to-fail banks, will allow them to get... More

DealBook Leaves Out the Links in Its Goldman Story

DealBook and Footnoted—the very epitome of professional financial blogs—have collaborated in a big investigation of Goldman Sachs's regulatory filings and... More

Yet Again, Fannie and Freddie Didn’t Do It

Michael Hudson writes one of the most convincing Fannie and Freddie Didn't Do It pieces yet. Actually, my soundbite isn't... More

Adventures in Markets Reporting

European stocks went up today, and European bonds went down. That happens, sometimes. But there was lots of news floating... More

Audit Notes: Bad Times with FINRA, Apple, and Co-bylines

The New York Times's DealBook drops a beat sweetener profiling the new head of FINRA, that toothless in-house regulator of... More

The Dead Source Who Keeps on Giving

Fortune joins the WSJ in putting Jerome York on the record after his death

Back in March, I noticed The Wall Street Journal appearing to burn an off-the-record source a few days after he... More

The Euro-Default Drumbeat Loudens

The drumbeat for debt restructurings on Europe's periphery is becoming too loud to ignore. The Economist has now come out... More

The NYT Tosses Off a Paywall Story

The New York Times has a brief report today raising hopes about the prospects of a pay model for newspapers.... More

Audit Notes: Beer Buys Off the ‘Burg?, Apple As Bully, Bank Propaganda

This New York Times story, which reports that residents of Brooklyn's Williamsburg protested a Duane Reade chain store coming into... More

The Groupon Bubble

NYT reports Wall Street pitching a $15 billion to $20 billion debut

If you doubted, even after Facebook's recent $50 billion valuation, that there's a mini-bubble inflating in tech land, this morning's... More

Audit Notes: Financial Capture, Homeless, Amy Chua Criticizes WSJ

Simon Johnson notes something big that Goldman Sachs dances around in its report on its internal culture released this week... More

Remapping the Debate on China’s Industrial Policy

Our rival has one. Where’s ours?

Remapping Debate has an interesting piece on how the U.S. finds itself at the mercy of the Chinese for a... More

Hey millionaire tech bros: Have patience with the editorial process - Chris Hughes probably wanted to enable great journalism at first. Then the dust settled and before you know it, he’s shaking everything up again

Serial creators don’t know what will happen to Adnan Syed - New developments in his legal case suggest that the outcome is wide open

Price hike at UC Berkeley’s journalism school - Governing body approves additional fee of $7,500 starting 2016

Will Denver really have a newspaper war? - As a billionaire floats reviving the Rocky Mountain News, The Denver Post might buckle its chin strap

FOIA reform dies while the press looked the other way - RIP Improvement Act of 2014


The traffic lure of outrage (Slate)

“I didn’t become a journalist to peddle indignation on Facebook. But it sells—the page views don’t lie.”

NBC news producer’s sons were in the besieged school in Peshawar (NBCnews.com)

“I remained silent and didn’t know what to say — I know how such attacks on schools usually end”

Hero mom calls into CSPAN to berate her arguing pundit sons (WaPo)

“This was not planned. She called in on the normal line.”

Dick Cheney doesn’t want to call it torture but the media doesn’t have to follow (Vox)

“People deserve to know that the American government (proudly!) did things that in any other context are called torture”

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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