— Michael Hiltzik had a good column two weeks ago on allegations that JPMorgan Chase manipulated California energy markets: The Federal Energy Regulatory Commission, the regulator of the ISO and its trading markets, has started a formal investigation into Morgan’s allegedly manipulative energy deals in California and with the Midwest ISO, which covers 11 states
The Washington Post’s not-so-good earnings report
Here’s how the Washington Post covers its namesake parent company’s dismal second-quarter earnings report: Washington Post Co. second-quarter profit up 13.6 percent Here’s how everybody else covers the Washington Post’s erns: Bloomberg News: Washington Post Profit Drops as Education Business Falters The Wall Street Journal: Washington Post’s Revenue Falls 5% Reuters: Education business, fewer print












