Saturday, July 26, 2014. Last Update: Fri 5:17 PM EST

The Audit

Audit Notes: Fallows on Orszag, The Atlantic in the Black, Google

Obama cabinet official Peter Orszag took a spin through the revolving door and ended up in a million-dollar sinecure at... More

“Uncertainty” Trotted Out in the Journal

Business code for “we may not get our way”

If there's one thing our titans of industry can't stand, it's uncertainty. We've seen that excuse trotted out over and... More

Audit Notes: Risky Business, Two Economies, Google and Monopoly

The New York Times is good to keep an eye on signs of a return of risky lending. Today it... More

Bloomberg Poll: Stick It to Wall Street

Bloomberg News got some stunning numbers polling Americans on whether big bonuses should be banned at Wall Street's bailout recipients,... More

Google’s Search Dominance Comes In Handy for Its Other Businesses

The Wall Street Journal looks at a key competitive issue on the Web.

Google has a near-monopoly on search in the U.S. It uses that dominant position to boost its other businesses at... More

The NYT’s Story Takes On the Derivatives Cartel

Back in September, the Chicago Fed hosted a symposium on OTC derivatives clearing. (Bear with me, don't fall asleep just... More

BusinessWeek Takes Road Already Traveled For Larry Fink Profile

Paul Kedrosky loves playing around with word clouds, and generated this one from the new Bloomberg Businessweek profile of Larry... More

Audit Notes: Herald-Tribune Investigation, Drumbeat, Nothing for the 99ers

Down in Florida, State Farm has exited its coastal hurricane-insurance business, saying it couldn't afford it anymore. But thanks to... More

Goldman Exec’s “Rough Language” on Manipulating the Market

Senator Carl Levin released emails yesterday showing a Goldman Sachs executive exhorting his traders to engineer a short-squeeze The Wall... More

NYT Finds a Mortgage-Mod Program That Works

David Bornstein has a great post about ESOP, an Ohio non-profit which acts as a middleman between homeowners and lenders,... More

Jobless Benefits Extension Will Reduce Unemployment, Not Increase It

Contra a WSJ columnist, the stimulative impact outweighs any negatives

Last week, when I wrote my post on how to boost employment, the list started off unambiguously: The first—and this... More

Audit Notes: Don’t Buy Our Bonds!, Rail FAIL, Orszag to Citigroup

New York Lieutenant Governor Richard Ravitch went off the reservation in a speech today, Bloomberg reports. First, he criticizes state... More

The Obama Administration’s Financial-Fraud Stunt Backfires

The press shows the feds’ numbers are phony and asks where the whales are.

Boy, the Obama administration's slapdash PR effort to show it's cracking down on financial fraud sure looks to be failing—and... More

Audit Notes: Where Are the Coppers?, Obama and FDR, WSJ

Is that the sound of a drumbeat coming out of Andrew Ross Sorkin's DealBook? Sorkin wrote a great piece yesterday... More

The New York Times Demonizes the Bond Market

Did you know there's a fight to the death going on in Europe? The NYT covers it today, under 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


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.