Wednesday, December 17, 2014. Last Update: Wed 1:10 PM EST

The Audit

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

The NYT Shows Why Cuomo’s After Rattner

Emails show ex-private-equity investor and car czar misled investigators early in the probe

The New York Times fronts an excellent story on the Steven Rattner scandal this morning. If you wondered why Andrew... More

Andrew Ross Sorkin: Fraud Triggered the Financial Crisis

A more important statement than you might think from the NYT’s Wall Street guy

There was a tough column in The New York Times yesterday on how the feds' are going after the minnows... More

Slate Takes on Amazon’s Unfair Advantage

The retailer manipulates nexus law to give customers tax breaks competitors can’t offer

Slate's Farhad Manjoo wrote last month about how online retailers like Amazon get a huge unfair advantage over their bricks... More

The $100 hamster wheel

Back on October 1, the Fed put out a short, bland press release announcing "a delay in the issue date... More

NYT, Jamie Dimon, and Too Big to Fail

Felix Salmon already dissected Roger Lowenstein's, as he called it, "credulous" New York Times Mag profile of press favorite Jamie... More

Can Rolling Stone Claim Blankenship’s Scalp?

Can Rolling Stone claim another scalp? Six months after ending the career of Stanley McChrystal, Rolling Stone published Jeff Goodell's... More

Michael Kinsley Takes Issue with an Audit Criticism

Michael Kinsley writes to say I missed the point of his column asking "Are we poorer than we used to... More

Crain’s Calls Out the Bank of New York

With Peter Eavis having left the WSJ, who will join Jonathan Weil and David Reilly in taking on the job... 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


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”

Lessons from factchecking, and the limits of journalism (Feministing)

“Fact-checking taught me a lot, and here’s one thing I learned: One of the main purposes of fact-checking is to correct journalism’s bias toward a ‘good story’ above all else”

Bloggingheads

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