Sunday, December 21, 2014. Last Update: Fri 5:42 PM EST

The Audit

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

The SEC’s Khuzami and That Citigroup Settlement

An anonymous letter adds to questions about a wrist slap

Bloomberg News reported on Monday that the SEC's inspector general is investigating Robert Khuzami, its chief enforcement official, after getting... More

WSJ Spotlights Wage Declines of the Laid Off

The Wall Street Journal is excellent today with this front-page examination of what the recession is doing to wages of... More

Bloomberg News Oversells and Underperforms on Toyota’s Decline

Bloomberg News has a good idea to do a step-back on Toyota and how it's faring a year after its... More

Audit Notes: Ibanez Implications, The Daley Problem, Sbarro Sliced

The Ibanez verdict in Massachusetts Supreme Court is yet more confirmation that the foreclosure scandal will have serious repercussions for... More

The Wall Street Journal Plays Stenographer to Chris Christie

Is this a news story in The Wall Street Journal or a press release from the Office of the Governor... More

The NYT Questions the Value of a Law Degree

David Segal is the best writer on the NYT's business desk, so it's a good thing that he was chosen... More

Audit Notes: Pension Woes, Inequality, Another Ratings Fiasco

Yves Smith takes on the media's reporting on state pension woes: "If you live in the world according to the... More

Daley Latest in a Long Line of Business-Friendly Obama Picks

A “conciliatory” move in an administration that’s seen plenty of them

The press is calling President Obama's appointment of JPMorgan Chase's William Daley as his new chief of staff a conciliatory... More

Audit Notes: Goldman’s Sophisticated Investors, Abacus Emails, Deindustrialization

The New York Times gets an interesting scoop on the Goldman Sachs deal for a stake in Facebook—one that values... More

ProPublica Shows Merrill Paid Traders to Take Its CDOs

An important story on how Wall Street kept the bubble going

I really hate when news organizations drop big stories over the holidays. For one, they have far less chance of... More

Hiltzik Takes on the FCC on the Comcast-NBC Deal

John Dunbar has a must-read piece in the current issue of Columbia Journalism Review on why the Comcast-NBC Merger is... More

Vanity Fair’s Odd HuffPo Story

What to make of Bill Cohan's big Vanity Fair piece on a slightly skeevy lawsuit where a pair of Democratic... More

Audit Notes: Goldman and Facebook, Chainsaws, Hudson on Tax History

Francine McKenna sums up the problem with Facebook's Goldman Sachs investment pretty succinctly over at Forbes: Facebook wants the public’s... More

Bloomberg Continues to Hit Corporate Tax Schemes

Jesse Drucker of Bloomberg has been doing some excellent reporting of the corporate-tax system and how companies are manipulating it... 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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