ProPublica, the new investigative journalism outfit based in New York, launched its new website today. Check it out.

From the editors:

Five months ago, ProPublica was an idea, a rudimentary Web site and a nearly empty office in Lower Manhattan. Today, we take our first concrete step in building an investigative publishing platform that will produce original stories focusing on betrayal of the public trust and abuse of power.

Our goal is to do stories that would otherwise escape notice and to follow up on work done by others that demands change or is being overlooked.

This is the beginning of what we see as an experiment and we invite your comments and suggestions on stories, or on how we can make our organization more useful to readers.

We have nearly completed our hiring (more than 20 out of perhaps 27 news staff) and reporters are at work on some promising avenues of inquiry. You will see those results in the months ahead.

In the meantime, we offer what we hope will a thorough, thought-provoking look at investigative stories that are breaking elsewhere.