Author Archive
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Feature
How ‘Subprime’ Crushed ‘Predatory’
October 12, 2009 09:50 PMWhat is the root cause of the financial crisis? “Lousy loans,” says Elizabeth Warren, the chairwoman of the Congressional Oversight Panel. We agree. And we like the phrase, especially because it provides a nice counterweight to that other double-L... Continue reading
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The Audit
Three Faces of Greeley
August 24, 2009 09:43 AMWhat do you know about New Frontier Bank? We can pretty confidently say, that depends on where you live. If you live in Greeley, Colorado, where New Frontier was based before regulators closed it earlier this year, you know a... Continue reading
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Page Views
Asphalt Jungle
August 19, 2009 01:07 PMWrestling With Moses: How Jane Jacobs Took on New York’s Master Builder and Transformed the American City | By Anthony Flint | Random House | 256 pages, $27 All city dwellers, and especially New Yorkers, owe a debt to... Continue reading
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The Audit
Derivatives Echo Chamber
March 9, 2009 01:26 PMThe Audit wants to know. What role did the press play in diffusing financial warnings in the years leading up to the current crisis? We can’t answer that question in its entirety—especially not in one post—but we can offer an... Continue reading
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The Audit
Frontline Disappoints
February 23, 2009 06:54 AMDismay. That was our response to Frontline’s recent documentary on the financial crisis. And our problem wasn’t even with the crisis. It was with Frontline. We turned our TV to PBS with high expectations—Frontline has earned that—but its... Continue reading
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The Audit
The Business Press and the Cult of Personality
February 19, 2009 04:45 PMIn times of great troubles, it is natural to look for a savior, someone who can get us out of trouble with a wave of the hand and a confident smile. The business media is like that. It is... Continue reading
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Page Views
Two Lives
February 4, 2009 07:00 AMPassing Strange: A Gilded Age Tale of Love and Deception Across the Color Line By Martha Sandweiss | The Penguin Press | 384 pages, $27.95 Passing Strange is one of those books with precisely the right title. It is... Continue reading
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The Audit
A Guide To Bailout Transparency Sites
January 30, 2009 09:35 AMIt is no secret that bailout transparency is a problem. Now that taxpayers have become financiers, we have a right to know where the money is going. In search of organizations with the curiosity and resources to help figure... Continue reading
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The Audit
A City in the Ditch
January 19, 2009 08:05 AMAn Audit Credit to The Weekly Standard for helping to fill one of the business press’s yawning reality gaps: the space between "Detroit," the metaphor, and Detroit, Michigan. In a recent cover story titled “Down & Out in Detroit,”... Continue reading
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The Audit
Losing Lehman
January 8, 2009 09:04 AMThe press has a Lehman problem. We’ve suspected as much for a while now, but only steeled ourselves to trace its outline after we came across an unfortunate New York magazine cover story in early December on former... Continue reading
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The Audit
Ebony on the Fall of Detroit
December 3, 2008 09:59 AMA Credit to Ebony for a piece describing how the tribulations of the U.S. auto industry are hitting African American communities particularly hard. We read a lot of articles on Detroit these days, but this one stands out for... Continue reading
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The Audit
Portfolio: Anybody Home?
November 25, 2008 03:14 PMA Double Debit to Conde Nast Portfolio for offering us an extended portrait of luxury homebuilder Bob Toll as a gutsy CEO who is down but not out, and then following that unfortunate puff piece with another one... Continue reading
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The Audit
New Yorker’s Hot Air on Poverty
November 17, 2008 04:23 PMThings we really don’t like: Articles that pose a question with an obvious answer and then, pretending the answer is not obvious, spend thousands of words arriving at the conclusion we already knew. The New Yorker did this in a... Continue reading
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The Audit
Herb Sandler: I’m Hit, But ProPublica’s Fine
November 12, 2008 12:10 PMReaders may have wondered about the future funding of the new investigative-news organization ProPublica, if they saw an October 30 Bloomberg wire story on the impact Wachovia’s share decline has had on philanthropists Herbert and Marion Sandler (a link... Continue reading
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The Audit
Semi-Official Symbol of Woe
November 11, 2008 03:06 PM -
The Audit
The Economist (Heart) Utah
November 7, 2008 09:51 AMA Debit to The Economist for adding to the list of stories that try too hard to give good news on the economy. This time the press goes local in looking for a bright spot, explaining to us... Continue reading
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The Audit
The Great Man Theory and Hank Paulson
November 5, 2008 04:09 PMThe mythology of Treasury Secretary Hank Paulson got a helping hand recently from a spate of magazine cover stories unwilling to fundamentally criticize the man they present as our last best hope. The Great Man Theory may be out of... Continue reading
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The Audit
Halve Not
October 31, 2008 09:49 AMA Debit to Reuters for posting a 19th century headline—and getting it wrong. The topic is undergarments. Specifically, Hanesbrands, about which Reuters had this announcement on October 29: “Hanesbrands Q3 profit more than halves.” In plain English, they are... Continue reading
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The Audit
Where are the Subprime Toasters?
October 24, 2008 09:54 AMSometimes we come across pieces that are so clear, relevant and to-the-point that we feel like quoting them to you in toto. So it is with Elizabeth Warren and Amelia Warren Tyagi’s short piece in Harper’s, advocating a... Continue reading
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The Audit
Disposable Story
October 23, 2008 10:01 AMA Debit to Fortune for repeating an old canard of the business press: that an increase in the personal savings rate means Americans are becoming thriftier. The problem is that the savings rate, as calculated by the... Continue reading
Desks
The Audit Business
- Audit Notes: Facebook IPO edition
- The Chicago Tribune lights up the flame-retardant industry An outstanding investigation show how chemical companies preserve a toxic cash cow
The Observatory Science
- The western frontier KQED Quest, Pacific Standard keep their eyes on the other coast
- USA Today’s oily, gassy rainbow Detailed cover story a bit too rosy about ‘energy independence’
Campaign Desk Politics & Policy
- The over-covered image war Journalists are exaggerating the risk that Mitt Romney will be “defined” early
- Medicare and the $500 billion bogeyman Will a half-truth still work for the GOP?
Behind the News The Media
Blog
The Kicker last updated: Mon 3:17 PM
- The Pulitzer Prize luncheon, storified
- A game of telephone fools the Times
- What Warren Buffett sees in local newspapers
- Don’t take my traditional Internet away!
- Why China ejected Melissa Chan
The Future of Media
News Startups Guide last updated: Wed 2:13 PM
- Missouri Scout Subscription-based niche political news from a stockbroker turned political junkie
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