In that vein, the ascension of Laurie Hays to head special projects, including investigations, will bear watching. Hays oversaw the paper’s superb post-9/11 coverage, a monstrously difficult job. However, investigations are closest to The Audit’s heart. Nothing the paper—any paper—does is more important. I don’t see how this new layer helps investigative teams headed by Mike Siconolfi (one of the best in the business) and Mark Maremont, who just helped lead and write the tremendous stock-options series that won the Pulitzer for Public Service.

1. See the deeply weird: “Hitting the Skids: As Old Pallets Pile Up, Critics Hammer Them As a New Eco-Menace—They Can Deliver the Goods, But They Clog Landfills And Gobble Up Trees—A Hilton for the Furry Set,” April 1, 1998.

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Dean Starkman Dean Starkman runs The Audit, CJR's business section, and is the author of The Watchdog That Didn't Bark: The Financial Crisis and the Disappearance of Investigative Journalism (Columbia University Press, January 2014). Follow Dean on Twitter: @deanstarkman.