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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Weil: Bank Balance Sheets Still an Unknown

   October 1, 2009 09:58 AM

   Bloomberg's Jonathan Weil raises some good questions about what we really know about the banking industry's health this morning, looking at the newly bust Georgian bank for a wakeup call. That bank wasn't even on the FDIC's June 30... Continue reading

2. The Audit

   Gasparino’s Gossip Column

   September 30, 2009 02:41 PM

   Charlie Gasparino really wants you to know that Wall Street executives are "nervous" and "feel betrayed" by Barack Obama. Is that a tiny violin I hear warming up somewheres? Yesterday, Gasparino tossed off a thin diatribe against the administration's... Continue reading

3. The Audit

   CQ Stomps Out Newsroom Dissent

   September 30, 2009 08:04 AM

   When the human-resources folks come for you, and in journalism these days that's not infrequent, you have to hope somebody like Brian Nutting has your back. Nutting is the Congressional Quarterly editor who sent an email to the newsroom... Continue reading

4. The Audit

   The Journal Edges to the Right

   September 29, 2009 11:23 AM

   Charles Kaiser had a good piece this weekend questioning whether Rupert Murdoch's ideology has been seeping into the news pages of the formerly strictly neutral Wall Street Journal. As Kaiser notes, and I can second (ADDING: (I mean the... Continue reading

5. The Audit

   WaPo: How the Fed Failed to Protect Consumers

   September 28, 2009 03:18 PM

   The Washington Post ran an excellent story yesterday looking at the Federal Reserve's utter failure to protect consumers—indeed to even try to—from the subprime wolves during the housing bubble. This is timely coming as it does amidst bureaucratic infighting... Continue reading

6. The Audit

   Now Bloomberg Calls it an Obama Bull Market

   September 28, 2009 12:49 PM

   I nicked Bloomberg for a story in March calling the stock-market swoon an "Obama Bear Market." Now it's saying there's an "Obama Stock Advance." Ding it for that, too. That relatively quick turnaround ought to show you how... Continue reading

7. The Audit

   Morgenson on a Mortgage Front

   September 28, 2009 09:51 AM

   Gretchen Morgenson, unlike the rest of the press, pays attention to a Kansas court ruling last week that has potentially huge implications for homeowners and the mortgage industry. The court ruled that the Mortgage Electronic Registration System, used by... Continue reading

8. The Audit

   Craigslist vs. the Aggregators

   September 21, 2009 03:44 PM

   Wired's cover story this month is a terrific look at craigslist and why it's awesome and not very good, all at the same time. Don't get me wrong. I've been using craigslist for seven years now and am a... Continue reading

9. The Audit

   Suggested Readings

   September 18, 2009 05:30 PM

   The New York Times's Charles Duhigg continues his eye-opening investigation of the state of the nation's water quality, today looking at unregulated pollution from farm runoff. Last week, it was a great piece on the increasingly lax enforcement... Continue reading

10. The Audit

    WSJ: Hey, Readers—Your Jobs Aren’t That Important

    September 18, 2009 03:45 PM

    I really like this page-one Wall Street Journal story today looking at the financialization of the economy over the past couple of decades—a trend that may be, thankfully, reversing itself. One of the big problems with this is... Continue reading

11. The Audit

    Pearlstein: Fundamental Reform for Credit Ratings

    September 18, 2009 10:13 AM

    Steven Pearlstein does well to keep the credit-ratings firms in the spotlight, a place it seems they've been all too able to avoid. The credit raters, Standard & Poor's, Moody's, and Fitch, were critical enablers of the securitization charlatanism... Continue reading

12. The Audit

    Suggested Readings

    September 17, 2009 06:37 PM

    Michael Mandel of BusinessWeek calculates some rough numbers on journalism employment. Newspaper employment is fast approaching a 50 percent decline since 1990 and tracks manufacturing job losses pretty closely. Periodicals employment has held up much better. Alas, not... Continue reading

13. The Audit

    Missing the Point on the Anglicization of the WSJ

    September 17, 2009 05:17 PM

    It's good to see somebody else notice the Anglicization of the The Wall Street Journal. It's not good that that somebody focuses on usage problems while ignoring the more-important journalistic ones. The Big Money editor James Ledbetter carps about... Continue reading

14. The Audit

    “Learned, Baroque, and Quite Frequently Terrifying”

    September 17, 2009 01:39 PM

    We're big fans of the Financial Times's Martin Wolf here at The Audit. His Wednesday columns and occasional takeouts are just about the smartest financial journalism has to offer. Or as Julia Ioffe puts it (much better than... Continue reading

15. The Audit

    A WSJ Deal Column After The Audit’s Own Heart

    September 17, 2009 10:23 AM

    It's not often you see something like this in the financial press. David Weidner writes on The Wall Street Journal Online that mergers and acquisitions suck—or to put in his headline's words: are "Wall Street's Biggest Con." This ought... Continue reading

16. The Audit

    Suggested Readings

    September 16, 2009 07:04 PM

    Felix and Barry do it. So can I! The NYT says China's slap back at the U.S. tire tariff may not work. Seems the Chinese like to eat giant chicken feet, and the good ol' US of... Continue reading

17. The Audit

    Mint Makes a Mint

    September 16, 2009 04:11 PM

    The press, institutionally, has an all-too-short memory. But have we already forgotten some of the lessons of the tech bubble, which burst less than a decade ago? This week, in a bit of oldish (in tech years) meets new, Intuit,... Continue reading

18. The Audit

    Trade, “Buy American,” and the Journal

    September 16, 2009 10:30 AM

    Trade reporting has picked up in the last couple of days after the Obama administration slapped a fat tariff on cheap Chinese tires it said were flooding the U.S. That's sparked a lot of jawing about a potential trade war... Continue reading

19. The Audit

    WSJ Will Charge for Mobile Access

    September 15, 2009 04:49 PM

    Rupert Murdoch is putting his money—or more accurately, "your money"—where his mouth is, announcing that his Wall Street Journal will charge $2 a week for access via cell phone. I reported back in May that Murdoch was "displeased" about... Continue reading

20. The Audit

    The Press Hypes This Morning’s Retail Sales Numbers

    September 15, 2009 10:21 AM

    There they go again. The press is out of the gate with the first news stories on the retail sales numbers the government released at 8:30 this morning. If you didn't know better, you'd think all is right in econoland.... Continue reading

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