Morning Links: It’s Friday in August, Do You Know Where Your Editor Is?

Fox Business published a lengthy investigation of their nemesis Media Matters’ tax-exempt status–How can they attack another business under the

Fox Business published a lengthy investigation of their nemesis Media Matters’ tax-exempt status–How can they attack another business under the guise of education or charity?–but everyone agrees that even non-profits have the first amendment, reports Politico.

Tory MP Louise Mensch called for all British papers to come forward with their dodgy methods; a Guardian reporter copped to phone hacking for a story about a corrupt arms company. Did Allen Rusbridger know about it?

“We don’t have anything further to add and will be providing all information necessary within the proper context of the judicial inquiry set up by Lord Leveson,” a spokesperson told Metro.

Piers Morgan will have to testify before lawmakers as well, reports The New York Times.

WWD surveyed magazine editors’ Hamptons habits, which is 90% fodder for class warfare, and 10% GQ editor Jim Nelson is redeeming the whole industry. He doesn’t even like the Hamptons.

“Can I hear it for New Jersey, the most maligned, misunderstood and underrated state in the Union?” says Jim Nelson, editor in chief of GQ. He spends most weekends at his house on the Delaware River in Jersey, in a town with no traffic lights. “It feels right and good to spend the whole summer blowing off the Hamptons,” says Nelson. But he will make an exception for the North Fork. “It feels lush and unspoiled, and at times you can almost fool yourself that you’re in California,” he points out.

Remember the other day, how incredulous we were that media companies like Time, Inc. and CBS had posted two-digit gains? Yesterday media stocks fell harder than other kinds, according to Poynter. Morning Links: It’s Friday in August, Do You Know Where Your Editor Is?