Friday, July 16, 2010

CJR top comments, Goldman Sachs Settlement, Oil Spill Fish Contamination, Deficits, Bad Loan Outlook, Argentine's Kirchner Allows Same Sex Marriage

Tags: CJR top comments, Goldman Sachs Settlement, Oil Spill Fish Contamination, Deficits, Bad Loan Outlook, Argentine's Kirchner Allows Same Sex Marriage

CJR Goldman Sachs Settlement, Lies by Murdoch's Wall Street Journal

Murdoch's News Corp takeover of the Wall Street Journal is starting to intrude more into news stories even though there is supposed to be a firewall between the news and editorial opinion. Rupert influenced the reporting by selectively criticizing the news reporting by the reporters. He loves newspapers and actually reads articles when he has time and comments on them to the reporter.

I love the Columbia Journalism Review because I get the straight story instead of propaganda and editorial control of the reporters at the NY Times and Wall Street Journal. As I said many times, they control by printing or not reporter's works, emphasize or not emphasize stories by keeping them on or off the front page. The editors control the headlines and the front page emphasis of what they want and either remove or put the information on the jump page which very few read now days. That is why blogs are so important such as,,, and

Magazines you might like: Bloomberg Business Week, Rolling Stone, The Atlantic, Harper's, The New Yorker, and Mac/Life for those with a Mac and iphone. I found Bloomberg Business Week much better than the former Business Week. Often you get regular news stories with more truthful facts on political policy implications on economics because money trumps everything else. That is why I read the Financial Times which I get through the mail at a special offer of about $8-9/month for one year. I get it one day late, but no matter because the analysis is quite good.

Jim Kawakami, July 16, 2010,

On Jul 16, 2010, at 10:31 AM, CJR wrote:

Dear reader,

We hope your summer is going well, and that you have time to enjoy some of today's selection from The Audit, the online business desk of the Columbia Journalism Review.

Mostly fine: The Audit's Ryan Chittum surveys coverage of the Goldman Sachs/SEC settlement and finds is mostly on target, with a few caveats and concerns.

FinReg foul ball: Ryan Chittum demonstrates how The Wall Street Journal blew it big time with a piece seeking to demonstrate how the financial reform bill has "hit" farmers; mostly the piece instead demonstrates several journalism pathologies traceable to News Corp.'s takeover.

A Bloomberg miss: In Audit Notes, Chittum duly notes that the financial wire put a strangely positive spin on a Goldman Sachs story about IPOs, and the blogosphere called them out on it.

Work to do: With all the buzz about cutting the deficit, the press should be all over the job of explaining how much gets spent on what, so the reading public understands the choices at hand. But as CJR's Holly Yeager ably-but-depressingly explains, it sure doesn’t look like that’s the case.

Bad-loan lookout: Chittum compliments the WSJ for keeping an ear to the ground for lenders relapsing into the slopping lending practices that got them into trouble not so long ago.

Win some: And in our Audit D.C. Notes, Yeager also compliments the WSJ for good work on Countrywide lending to pols, knocks it for pedestrian tax-cut debate coverage.


Pay wall for comments: The Sun Chronicle, a paper in Massachusetts with a circulation of about 15,000, has come up with an original and interesting idea for raising the quality of reader comments. CJR's Lauren Kirchner checks it out.
Blago calling: Wait until you read what The Springfield Illinois State Journal-Register is offering its readers as downloadable ring tones. Our Clint Hendler bleepin' reports.

We hope you enjoy these,

the editors

Note: the Columbia Journalism Review is a prizewinner in print as well as online. Why not try a subscription? Very reasonable. Click here.

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