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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Watching the Elizabeth Warren Coverage

   August 14, 2009 03:54 PM

   I've beefed several times about the press giving Elizabeth Warren and her Congressional Oversight Panel short shrift. So I wanted to look at how the major media did reporting on COP's downbeat report released Tuesday on... Continue reading

2. The Audit

   Sweet or Sour?

   August 14, 2009 09:59 AM

   Bloomberg has an investing story today that doesn't tell readers a critical piece of information about the motives of its source. It writes that Michael Coleman, a Singapore-based hedge fund manager says the price of sugar "may climb" 80... Continue reading

3. The Audit

   Weidner: Wall Street, Still Wayward

   August 13, 2009 05:29 PM

   David Weidner has a great column today on WSJ.com, but not in the newspaper apparently. Too bad. It deserves wider play. All business journalists ought to read this as they prepare their inevitable somber-toned, cautious-yet-hopeful coverage of the anniversary... Continue reading

4. The Audit

   If Congress Can’t Fend off the Classic-Car Lobby…

   August 13, 2009 08:00 AM

   The Los Angeles Times has an interesting—if a bit late—piece of reporting on the Cash for Clunkers program, which has spurred car sales while getting inefficient gas guzzlers off the roads. But the program could have been better. The... Continue reading

5. The Audit

   Investor’s Business Daily Short-Arms Correction

   August 12, 2009 06:24 PM

   Investor's Business Daily corrected an embarrassing boo-boo in an editorial and in the process made another huge error. In an editorial ginning up fear over Obama's health-care plan and comparing it to the dread National Health Service in the... Continue reading

6. The Audit

   NYT Puts Fox Business Spin in Context

   August 12, 2009 02:49 PM

   This one's a small thing, but one that too many journalists don't do—probably because we're stereotypically bad at math. Brian Stelter of The New York Times looks at how Fox Business News is doing in the ratings now that... Continue reading

7. The Audit

   The WSJ is Crazy for IG’s

   August 12, 2009 10:09 AM

   A rash of stories today in The Wall Street Journal about inspector-general reports on government agencies caught my eye this morning. That's nice because all too often these watchdogs don't get enough play in the press. It writes about... Continue reading

8. The Audit

   The Judge Gets It Even If the Press Did Not

   August 11, 2009 06:26 PM

   Last week I was stumped by the weak press coverage (with one notable exception, at The Wall Street Journal) of a $33 million SEC settlement with Bank of America for lying to its shareholders about $3.6 billion in Merrill... Continue reading

9. The Audit

   More on Credit Card Overlimit Policies

   August 11, 2009 03:56 PM

   I wrote earlier today about a Big Money piece on banks' dirty tricks and my own story of falling afoul of the game—and the steep price I'm paying as a result. Ron Lieber in the Times today writes... Continue reading

10. The Audit

    Half Right on Banks

    August 11, 2009 10:14 AM

    This Big Money piece has half its heart in the right place. In one part, it's a tough look at Bank of America that details its litany of sins against its customers, saying that "BofA has long been the... Continue reading

11. The Audit

    NYT Details Paulson/Goldman Contacts

    August 10, 2009 06:02 PM

    A tip of The Audit's hat to some old-fashioned muckraking in The New York Times yesterday. Gretchen Morgenson and Don Van Natta Jr. filed a Freedom of Information request for Paulson's phone records and combined that with reporting inside... Continue reading

12. The Audit

    Gasparino, Arbiter of Cred

    August 10, 2009 04:20 PM

    So CNBC's Charlie Gasparino doesn't like The Audit—or at least Audit Big Chief Starkman. The feeling's not exactly mutual. I actually like Gasparino for his blue-collar roots (few and far between amongst big-time finance reporters, lemme tell you)... Continue reading

13. The Audit

    Hype Machine In High Gear for Journal Jets Story

    August 10, 2009 11:19 AM

    The Wall Street Journal, which we criticized on Friday for hyping and distorting a story on Congress buying jets, goes back to the well today for a sort of pre-victory lap. Outrage has been induced, and, perhaps most... Continue reading

14. The Audit

    WSJ’s Misleading Story on the Congress’s Jet Set

    August 7, 2009 03:22 PM

    Let's throw a little water on The Wall Street Journal's page-one scoop that Congress is buying eight private jets for $550 million. At first glance this profligacy is an outrage—an outrage, I say! Congress buying Gulfstreams for itself as... Continue reading

15. The Audit

    The New York Times Finally Cans Ben Stein

    August 7, 2009 10:17 AM

    Gawker scoops that The New York Times has finally given its Sunday Business columnist Ben Stein the ol' heave-ho, after an incredibly dumb ethical lapse last month. Reuters' Felix Salmon, a longtime Stein foe, was the first... Continue reading

16. The Audit

    BusinessWeek’s Eye-Opening Banks Story

    August 6, 2009 03:37 PM

    BusinessWeek has a terrific story out on how banks are once more gearing up their magic crap-making machines. The piece focuses on three new products (one of which, payday lending, isn't exactly new, but more on that later) raising... Continue reading

17. The Audit

    Journal: BofA Withheld News of Merrill Losses

    August 6, 2009 09:54 AM

    The Wall Street Journal scoops this morning that Bank of America knew two days before its shareholders voted (we had questions about press coverage of that back then) to buy Merrill Lynch that the dog of a company... Continue reading

18. The Audit

    Another FT Whiff on a Numbers Story

    August 5, 2009 01:46 PM

    Two days ago I criticized the Financial Times for a weak story the paper saw fit to plop on page one. My main beef was that it reported on a survey on Wall Street reputations but never quantified any... Continue reading

19. The Audit

    In a Flash

    August 5, 2009 10:23 AM

    That didn't take long. The SEC is "considering a ban" or going to "push to eliminate" or "move to ban" so-called flash trading, depending on which major press outlet you want to believe. Flash trades allow powerful traders to get... Continue reading

20. The Audit

    The Journal’s Geithner-Gets-Mad Scoop

    August 4, 2009 02:56 PM

    The Journal has a juicy scoop this morning on the goings-on inside the Obama administration. It seems Treasury Secretary Tim Geithner flipped his lid on Friday, cussing out Ben Bernanke, Sheila Bair, Mary Schapiro, and others for dithering over... Continue reading

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