Monday, November 24, 2014. Last Update: Mon 10:55 AM EST

The Audit

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

Audit Notes: Mortgage Servicers, Ghost Mall—China Style; The Joneses

Andy Kroll of Mother Jones takes a look (UPDATE: took a look, I should say. This story is from a... 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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