New York Magazine ‘s Vanessa Grigoriadis does a great job deconstructing Gawker—which I’m too important to read—and its business model. The headline is perfect: “Everybody Sucks.”

Krugman (he who needs no first name) delivers a good explanation today of how the new Treasury-backed superfund may be masking problems, rather than solving them.

I also like this Louise Story story in the Times on trying to measure Web site audience size, something I suspect every web-based media outlet wrestles with. We certainly do.

We are trying to suppress our hatred of profit long enough to turn one.

Dean Starkman writes and edits The Audit. He is CJR's Kingsford Capital Fellow.