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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   A Dim-Bulb Story From the Washington Post

   March 9, 2012 07:58 PM

   New Mexico Senator Jeff Bingaman's office this afternoon sent out a press release hammering the Washington Post's page-one story on the high cost of the LED light bulb that just won a government prize. Bingaman's right. First, the... Continue reading

2. The Audit

   200 Years of Citi

   March 9, 2012 02:42 PM

   Bloomberg's Christine Harper, on Twitter, notes that Citigroup's corporate timeline, launched in a must-have new iPad app called Citi News, has an odd sense of news judgment: Citi `timeline' of its 200-year history has ``launches mobile phone banking... Continue reading

3. The Audit

   Audit Notes: Tabloid Chutzpah, Paywall Performance, The Fed and Dividends

   March 8, 2012 08:44 PM

   Rebekah Brooks, former head of Rupert Murdoch's UK tabloids, which were rogue even by the viciously sensationalist standards of that industry, has her attorney Stephen Parkinson take to the pages of the Telegraph to argue that "The flaws in... Continue reading

4. The Audit

   The Justice Department and the Price of Books

   March 8, 2012 07:10 PM

   The Wall Street Journal reports that the Justice Department is going after Apple and book publishers for colluding to fix prices in the e-book market, a big development in that fast-growing industry. Back when Apple launched its iBooks store,... Continue reading

5. The Audit

   Bloomberg’s Missing Billionaire

   March 7, 2012 06:46 PM

   This is rich, and no pun is intended. I criticized Bloomberg News yesterday for its policy of not covering its parent company, which means it won't calculate and include owner Michael Bloomberg's wealth in its new daily Billionaires Index.... Continue reading

6. The Audit

   The Baby Boom Wasn’t That Big, WSJ

   March 7, 2012 04:01 PM

   Boomers will be flooding the senior centers over the next few years and decades and that wave will be a serious force in economics and investing for he next couple of decades. So it's good to see this... Continue reading

7. The Audit

   Audit Notes: Fox on Energy, Journalists and Programmers, Bloomberg

   March 7, 2012 01:29 AM

   Media Matters has an amusing compilation of Fox News reactions to $4 a gallon gasoline in 2008, when George W. Bush was in office, and its reactions today, when Barack Obama is. 2008: ... Continue reading

8. The Audit

   Bloomberg, Uncovered

   March 6, 2012 06:23 PM

   Gothamist flags this gem down deep in a Bloomberg News story on its new Billionaire's Index: Bloomberg News editorial policy is to not cover Bloomberg LP. As a result Michael Bloomberg, the founder and majority owner of Bloomberg... Continue reading

9. Feature

   Infographic: What’s a CEO Worth?

   March 6, 2012 06:00 AM

   Infographic by Nigel Holmes Click here to see a larger version of this image. The tenures of two recently departed CEOs—Janet Robinson of The New York Times Company, and... Continue reading

10. The Audit

    Audit Notes: Rocket Internet, Gas Taxes, The Price of Health Care

    March 6, 2012 12:58 AM

    Bloomberg BusinessWeek has a good story on a German company that makes its living ripping off American websites and taking them overseas before the Americans can get there. Rocket Internet, owned by three German brothers, has copied eBay, Zappos.com,... Continue reading

11. The Audit

    WSJ on the Return of the Online Pet Food Store

    March 5, 2012 05:41 PM

    I like this smart Wall Street Journal piece on the new economics of the Web as told through the effort to build a "Pets.com 2.0." Pets.com, of course, came to symbolize the mania of the Tech Wreck with a... Continue reading

12. The Audit

    Checkbook Journalism’s Slippery Slope

    March 2, 2012 10:47 AM

    Combine the culture of checkbook journalism with the culture of Rupert Murdoch's News Corp. and you get one of the biggest media scandals of all time. Paying for news is at the root of News Corp.'s hacking and bribery... Continue reading

13. The Audit

    Audit Notes: William Cohan, Three Little Pigs, Recovery Spring

    March 2, 2012 01:14 AM

    In Bloomberg BusinessWeek, William D. Cohan writes about the spectacular downfall of hedge fund manager Dan Zwirn, whose $12 billion empire crumbled after he decided to buy a private jet and his CFO paid for it with improperly, and... Continue reading

14. The Audit

    That Stuck Feeling

    March 1, 2012 03:14 PM

    We all had a chuckle yesterday at the poor hedge fund marketing director whining about the difficulties of living in Brooklyn on $350,000 a year: “I feel stuck,” Schiff said. “The New York that I wanted to have is... Continue reading

15. The Audit

    Audit Notes: Paywalls Paying Off, Digital Privacy, Murdoch

    February 29, 2012 07:54 PM

    As Warren Buffett knows, when you give away your product online, it undermines the one you charge good money for in print. NetNewsCheck reports from the Key Executives Mega Conference: Jeanny Sharp, editor and publisher of the Ottawa Herald,... Continue reading

16. The Audit

    Bloomberg’s Abelson on How Wall Street Is Coping

    February 29, 2012 01:53 PM

    Bloomberg's Max Abelson has the story of the day, another entry in his list of stories on out-of-touch Wall Streeters. This one's about how rich folks are coping with their reduced circumstances in a season of curtailed bonuses. I... Continue reading

17. The Audit

    Audit Notes: $25,000 an Hour, Foreclosures, Corporate Taxes

    February 28, 2012 08:03 PM

    The New York Times has done a lot of tough reporting over the years on outlandish executive compensation. It's time to send those reporters up the elevator. Former CEO Janet Robinson got a $4.5 million contract to consult the... Continue reading

18. The Audit

    Warren Buffett and Paywalls

    February 28, 2012 05:53 PM

    The newspaper paywall now has a champion in some guy in Nebraska named Warren Buffett. Buffett, who just forked over $150 million for the Omaha World-Herald Company, has some wise words, however late, on newspaper business models: Stop giving away... Continue reading

19. The Audit

    Audit Notes: Daisey vs. Pogue, American Banker, LAT Paywall

    February 24, 2012 08:37 PM

    Mike Daisey, of The Agony and Ecstasy of Steve Jobs, and the recent This American Life exposé of Apple's outsourced China factories, shreds The New York Times's David Pogue over his apologia for Apple's labor practices... Continue reading

20. The Audit

    The Keystone Kops of Koverups

    February 24, 2012 01:19 PM

    The Telegraph has a big scoop on the hacking scandal, reporting new details of how News Corporation deleted emails and destroyed reporters' computers that "could be unhelpful in the context of future litigation." This might merely be skeevy were... Continue reading

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