So Goldman takes a big hit on the loans, but gets a big equity stake in the investment at a big discount. The company says it formed an “independent” board with outside investors, but it should never be in this position in the first place (These kinds of conflicts are more prevalent than you might expect: Wall Street firms have done both sides of deals, and commercial real-estate firms sometimes represent buyer and seller or tenant and landlord).
Good for the Journal for pointing this out.
‘See you on the other side’ - Meet Jessica Lum, a terminally ill 25-year-old who chose to spend what little time she had practicing journalism
#Realtalk: This is the best moment to be in journalism - The old stuff isn’t coming back, but that’s okay
Streams of consciousness - Millennials expect a steady diet of quick-hit, social-media-mediated bits and bytes. What does that mean for journalism?
Sticking with the truth - How ‘balanced’ coverage helped sustain the bogus claim that childhood vaccines can cause autism
An ink-stained stretch - Can Aaron Kushner save the Orange County Register—and the newspaper industry?
This is the best moment to be in journalism (25)
The WSJ editorial page hits rock bottom (19)
The New York Times told me to take this down
“If you wouldn’t mind using another publication to advertise your infringement tool, we’d appreciate it”
In AP, Rosen investigations, government makes criminals of reporters
“[A]s flagrant an assault on civil liberties as anything done by George W. Bush’s administration”
Jay Carney press briefing blues
“Reporters are increasingly skeptical about Carney’s demeanor and the veracity of some answers”
Jaron Lanier wants to build a new middle class on micropayments
A future where writers can gain wealth through a “freelance economy”
CJR's Guide to Online News Startups
Uptown Messenger – Hyperlocal news for a neighborhood in New Orleans
Who Owns What
The Business of Digital Journalism
A report from the Columbia University Graduate School of Journalism
Questions and exercises for journalism students.
