Comment The flip side of the coin (Score 4, Insightful) 60
Propublica is pretty awesome, and their recent piece about Magnetar, and the market crash is a great example of that. http://www.propublica.org/feature/the-magnetar-trade-how-one-hedge-fund-helped-keep-the-housing-bubble-going
And with the recent videos released by wikileaks of the US military mowing down civilians, it seems more and more, it is alternative media which is doing real journalism.
Newspapers claim they are loosing money because of internet news and thus can't afford to do investigative reporting. Propublica and wikileaks are the other side of that coin.