Marshall Island “Regulators”—What Could Go Wrong?

Tribune explores how Transocean flagged Deepwater Horizon in the tiny Pacific nation

By Ryan Chittum   Jun 24, 2010 at 05:55 PM

Let's circle back around to last week's excellent Los Angeles Times and Chicago Tribune report on the Deepwater Horizon. Did... More

Weil on How the Government Shields Fraudsters

By Ryan Chittum   Jun 24, 2010 at 10:52 AM

Did you know you can't sue somebody if they help cheat you out of money via securities fraud? I didn't.... More

Audit Notes: SEC Chills, Tallahassee Paywall, Goldman TLC

By Ryan Chittum   Jun 23, 2010 at 07:27 PM

Felix Salmon takes on the SEC's backdoor subpoena of two Dow Jones journalists' communications: ... it nullifies a huge amount... More

CNBC’s Quick Pushes for Prosecutions in Fortune

By Ryan Chittum   Jun 23, 2010 at 12:51 PM

The combo of CNBC and Fortune, while not quite a WSJ editorial board/Forbes sandwich, doesn't exactly make you think McClure's.... More

Audit Notes: Rolling Stone Robbed, STOLI, Forbes.com SEO

By Ryan Chittum   Jun 22, 2010 at 09:32 PM

Our Greg Marx wrote about how Politico and Time, bizarrely, posted Rolling Stone's blockbuster scoop on General McCrystal and staff's... More

“BP Journalists” and Their Greatest Propaganda Hits

Tone-deaf PR from the oil spiller

By Ryan Chittum   Jun 22, 2010 at 07:55 PM

The Wall Street Journal's Benoit Faucon got a hold of BP's in-house magazine Planet BP, and has some fun with... More

The SEC Is After Two Dow Jones Journalists’ Emails

By Ryan Chittum   Jun 22, 2010 at 10:03 AM

Gary Weiss asks a heckuva good question: "What in heaven’s name is the SEC thinking? Is it completely out to... More

Audit Notes: Magnetar, ICP Unmasked, Communities vs. Corporations

By Ryan Chittum   Jun 21, 2010 at 08:06 PM

The Wall Street Journal reported this weekend that the SEC is ratcheting up its investigation of Magnetar, the hedge fund... More

“Rock-Jawed Titans of Industry Don’t Really Like Free Markets”

As Kevin Drum says, they prefer monopolies like the ones Visa and MasterCard enjoy

By Ryan Chittum   Jun 21, 2010 at 07:11 PM

Kevin Drum, in dismissing Matt Ygeslias's qualms about over-regulating the credit and debit card industry, touches on an excellent point... More

WSJ: BP Fund Between a “Shake Down” and a “Capitulation”

By Ryan Chittum   Jun 21, 2010 at 11:55 AM

Every once in a while (which is far too often, needless to say) the distinct stench of Rupert Murdoch wafts... More

Audit Notes: Energy Economy, Fraud Fight, Worst Banking Crisis

By Ryan Chittum   Jun 18, 2010 at 04:34 PM

The Washington Post's Ezra Klein posts a fascinating graphic from the showing where our energy comes from and how it... More

The Economist Off the Deep End on BP and “Vladimir Obama”

By Ryan Chittum   Jun 18, 2010 at 01:28 PM

The Economist has a pathetic leader this week criticizing Obama for hammering BP and raising the ridiculous idea that his... More

Audit Notes: Mortgage Charges, BP Testimony, FT.com Ad Revenue

By Ryan Chittum   Jun 17, 2010 at 09:57 PM

The Washington Post calls the charges against Lee Farkas "to date the biggest criminal case related to the crisis that... More

WaPo Flags Obama Inaction on Wall Street Crime

By Ryan Chittum   Jun 17, 2010 at 06:42 PM

It doesn't inspire confidence in the Washington Post that it fails to mention the blockbuster SEC fraud charges against Goldman... More

Beleaguered Pensioners

It’s a good thing that BP investors are taking it on the chin

By Ryan Chittum   Jun 17, 2010 at 02:14 PM

Atrios says: I really can't believe how fast the "you can't hurt BP! If you do, you're just hurting poor... More

WSJ Comes Up Short on BP Boycott Effects

By Ryan Chittum   Jun 16, 2010 at 06:01 PM

The Wall Street Journal dodders onto the boycott-BP story, writing that not visiting BP service stations won't hurt BP much... More

The FT Makes a Mess of Its Goldman Subprime Story

The perils of limiting stories to 500 words are well illustrated here

By Ryan Chittum   Jun 16, 2010 at 12:41 PM

This Financial Times story is frustrating. On the one hand, the paper is great to zero in on Goldman Sachs's... More

Audit Notes: Volcker Pans Geithner, BP Bust, Single-Scoop Recession

By Ryan Chittum   Jun 15, 2010 at 04:27 PM

Obama administration advisor Paul Volcker says the Obama administration's resolution authority won't work to unwind too big to fail banks... More

Lazarus Gets the Interchange Issue Right

By Ryan Chittum   Jun 15, 2010 at 01:06 PM

David Lazarus of the Los Angeles Times takes a nice, nuanced look at interchange fees, which is the cut the... More

Congress Confirms WSJ’s Story on BP’s Corner-Cutting

By Ryan Chittum   Jun 15, 2010 at 11:38 AM

The evidence keeps stacking up that BP cut all kinds of corners to save time and money at the expense... More