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Columbia Journalism Review

From the Columbia Journalism Review:

RS Strikes Again: CJR’s Peterson Fellow, Felix Salmon, asks:  Can Rolling Stone claim another scalp? Could be. Six months after ending the career of Stanley McChrystal, Rolling Stone published Jeff Goodell’s blistering, 7,600-word profile of Don Blankenship, the CEO of Massey Energy. Entitled “The Dark Lord of Coal Country,” it’s powerful stuff.

Crains v. BONY:  With Peter Eavis having left the WSJ, Salmon wonders: Who will join Jonathan Weil and David Reilly in taking on the job of poring over banks’ balance sheets to expose their crazy accounting? Crain’s New York Business’s Aaron Elstein, that’s who! He pulls no punches in a recent story on Bank of New York.

Kinsley v. Chittum: Michael Kinsley writes to say that Audit Deputy Chief Ryan Chittum missed the point of his column asking “Are we poorer than we used to be?”  Ryan replies and, at the end of an interesting exchange, they’ll have to agree to disagree.

Weak on Dimon  (Part II): Salmon already dissected Roger Lowenstein’s “credulous” New York Times Mag profile of press favorite Jamie Dimon.  But Chittum says a couple of other problems stuck out for him that also need addressing, including that Dimon is scarcely challenged on the crucial issue of “too big to fail.”

Amazon’s Unfair Edge: Slate’s Farhad Manjoo wrote about how online retailers like Amazon get a huge unfair advantage over their bricks and mortar counterparts. Chittum walks through this good piece on an important subject. http://www.cjr.org/the_audit/slate_takes_on_amazons_unfair.php

$100 Hamster Wheel: Back on October 1, Salmon says, the Fed put out a short, bland press release announcing “a delay in the issue date of the redesigned $100 note.” Sometimes, there’s a great little story hidden behind such news, and in this case it was CNBC’s Eamon Javers who found it. Javers had time to put together his story, and it shows. But according to some weird rule of journalism, the minute that CNBC ran the story, a full nine weeks after the original press release came out, everybody else felt that they had to have it too, and immediately. Thus it became another example of  “hamster wheel” journalism.

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