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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   NYT Goes A1 on TBTF

   October 26, 2009 04:19 PM

   Too big to fail makes the front page of The New York Times this morning, which reports that Congress, specifically Barney Frank, is toughening up the administration's plan to deal with the problem. Specifically, it gets the scoop that... Continue reading

2. The Audit

   Only One to Charge Online, Only One to Gain Paying Customers

   October 26, 2009 10:15 AM

   Congratulations to The Wall Street Journal, which now reclaims the title, held by USA Today for years, of the nation's highest circulation newspaper, according to the Audit Bureau of Circulations, as reported by Editor & Publisher. Also, props to... Continue reading

3. The Audit

   About Those Chamber of Commerce “Members”

   October 26, 2009 08:52 AM

   Our Greg Marx does a good job looking at the U.S. Chamber of Commerce member-count dispute, which has laid bare that the press has accidentally helped mislead readers for years on the lobbying group's size. Three million or 300,000?... Continue reading

4. The Audit

   Friday Links: Foreboding, Cell-less, anti-Moores

   October 23, 2009 06:11 PM

   The FT's Gillian Tett feels a "sense of foreboding" about the current "rally fueled by cheap money," otherwise known as a bubble. She says "it is crystal clear that the longer that money remains ultra cheap, the more traders... Continue reading

5. The Audit

   Much Ado About Not Much on Pay

   October 23, 2009 05:43 PM

   Wall Street pay has been all over the news the last couple of days, leading the Journal and the Times and the like, though it looks like a bunch of noise to this observer—moves that are more like political PR... Continue reading

6. The Audit

   The High Bubble Era in Retrospect

   October 23, 2009 09:36 AM

   "A growing family with a lot of debt. A young couple with no down payment. A business owner whose income was hard to document. Every one of them was turned down for a home loan by three different lenders. I'm... Continue reading

7. The Audit

   Thursday Links: BW’s History, Lipman?, Job Scramble

   October 22, 2009 07:09 PM

   Mediaite has a swell feature on BusinessWeek covers through the decades, from the days when it was called The Business Week, to the economic thermometer days, to recent winning covers. Watch how business has changed in a few short... Continue reading

8. The Audit

   Goodwill Hunting at BusinessWeek

   October 22, 2009 04:19 PM

   BusinessWeek has an interesting piece on the accounting funny business companies employ to smooth out their earnings or to patch their leaky balance sheets. Culprit No. 1, unsurprisingly, goodwill, which is an intangible asset booked in mergers and acquisitions... Continue reading

9. The Audit

   Circulation Surpasses Ad Revenue at NYT

   October 22, 2009 10:31 AM

   Back in July, The Audit noted that a big shift had happened in the news business. Circulation revenue was growing while advertising revenue plummeted, skewing historic revenue ratios and, perhaps, pointing the way to a new model for the... Continue reading

10. The Audit

    Wednesday Links: “Read and Weep,” Break Up, WSJ Excuses

    October 21, 2009 08:40 PM

    Uh oh, Bank of America. Some pretty damning emails leaked out of Congress yesterday about what BofA executives knew about Merrill's massive losses several weeks before the shareholder vote was held before that information was released. "Read and weep"... Continue reading

11. The Audit

    WaPo on Hard Times in Bank City USA

    October 21, 2009 07:20 PM

    The Washington Post has a very good story on the fall of Charlotte's once-mighty banking industry and the impact on the city. Charlotte's the epicenter for this kind of thing, what with Wachovia's exit and Bank of America's new... Continue reading

12. The Audit

    Twitter, Facebook Get Paid. What About the Press?

    October 21, 2009 01:52 PM

    So Microsoft's Bing search engine is going to pay Twitter and Facebook to have their users' posts show up in Bing's search results, reports All Things Digital. It's unclear if that means Twitter will remove tweets from Google unless... Continue reading

13. The Audit

    Sorkin’s Major Scoops on the Goldman/Paulson Nexus

    October 21, 2009 01:10 PM

    Felix Salmon has been digging some choice nuggets out of Andrew Ross Sorkin's huge new book "Too Big to Fail." Yesterday, Salmon blogged about a secret meeting Sorkin reports between the entire board of directors of Goldman Sachs (one... Continue reading

14. The Audit

    NYT Takes on Obama’s Volcker Exile

    October 21, 2009 10:16 AM

    Why won't the Obama administration listen to its most credible economic adviser? That's the question—and it's an essential one— asked by The New York Times this morning on page one. The adviser, of course, is Paul Volcker (I'm guessing... Continue reading

15. The Audit

    Tuesday Links: Insiders, Preemption, iPhone Mags

    October 20, 2009 07:32 PM

    The Journal floods the zone on the big hedge-fund insider-trading story. It goes page one with a report noting a run on the fund, a Sri Lanka-datelined story on how that country's stock market tumbled on the arrest... Continue reading

16. The Audit

    Live-Blogging the Corporate Press Release

    October 20, 2009 06:51 PM

    Live-blogging is a relatively new responsibility in the journalist's job description—which now includes regular blogging, picture-taking, Web video, Twitter, live chats, TV appearances, podcasts, BlackBerrying, answering commenters on your story, and perhaps a bit of old-fashioned reporting and writing if... Continue reading

17. The Audit

    Incurred on the Street: Windfall Tax on Bankers?

    October 20, 2009 02:42 PM

    I've been wondering when the taxation solution would pop up in the financial press regarding the record bonuses Wall Street is set to pay out this year. Today it does—in The Wall Street Journal's Heard on the Street column,... Continue reading

18. The Audit

    The Post Gets Perky on Bailout-Bank Pay

    October 20, 2009 09:57 AM

    The Washington Post spotlights this morning a somewhat-overlooked (this year, anyway) compensation aspect of our corporate-welfare kingpins: perks. These are the kinds of things that can really get people riled up because they're a bit easier to wrap your... Continue reading

19. The Audit

    Monday Links: Foreclosure Homeless, NYT Cuts, Fed Up?

    October 19, 2009 07:20 PM

    — The New York Times profiles a one-time homeless-shelter operator who now lives in one. It says the number of people in homeless shelters because of foreclosures is on the rise, but the numbers are pretty sketchy and sourced... Continue reading

20. The Audit

    The New Compact for Workers: No Compact at All

    October 19, 2009 04:40 PM

    The Wall Street Journal has a good page-one look at big-picture changes in the workforce—ones that have been going on for some time, but have been worsened by the deep recession. Specifically, companies have long been shifting the risk... Continue reading

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