When a news executive sits on a bank’s board

The FT Group’s Fairhead is a director of troubled HSBC

By Ryan Chittum   Jul 23, 2012 at 11:00 AM

It’s unusual—rare, even—for the CEO of a major financial news and information concern to serve on the board of directors... More

The WSJ on the fall of Nokia

The company that foresaw an iPhone-like device in 2000 is left in the dust

By Ryan Chittum   Jul 20, 2012 at 07:26 PM

The Wall Street Journal has an excellent page-one story on the fall of Finnish cellphone giant Nokia—the kind of deeply... More

Audit Notes: Bloomberg on Libor, “can’t find workers” in the WSJ

At least 34 traders are under investigation in the widening scandal

By Ryan Chittum   Jul 20, 2012 at 12:57 AM

Bloomberg names names in the Libor investigation, reporting that at least 34 traders from more than a dozen banks are... More

Audit Notes: Ignoring Libor, Barron’s, rich kids and TV news

ABC and NBC evening newscasts ignore the huge scandal in its first two weeks

By Ryan Chittum   Jul 19, 2012 at 06:50 AM

The Washington Post's Erik Wemple points to Media Matters research that shows ABC's and NBC's nightly newscasts completely ignored the... More

More on NPR and manufactured quotes

Why lobbyist-provided rent-a-quotes subvert the news

By Ryan Chittum   Jul 18, 2012 at 04:38 PM

NPR Ombudsman Edward Schumacher-Matos (who teaches here at Columbia) takes a look at the network's poor showing with manufacturing sources... More

Audit Notes: Too big to fail football, Guardian digital numbers, WaPo

Penn State and the ramifications of a possible NCAA death penalty

By Ryan Chittum   Jul 18, 2012 at 06:50 AM

It's not just the banks. Now elite college football programs are too big to fail, as well. Here's Bloomberg News... More

The WSJ Editorial Page and the Libor scandal

Blaming everybody but the bankers

By Ryan Chittum   Jul 17, 2012 at 11:00 AM

When wrongdoing by Big Business is in the news, you can usually count on the WSJ editorial page to do... More

Audit Notes: Statute of limitations, whither The Daily, Romney’s taxes

The WSJ on how the clock may (or may not) be running out on the SEC

By Ryan Chittum   Jul 17, 2012 at 01:55 AM

The Wall Street Journal is good to keep an eye on the statutes of limitation clocks that are running out... More

Audit Notes: JPMorgan’s Whale, rent-a-quotes, shark videos

By Ryan Chittum   Jul 13, 2012 at 03:00 PM

This New York Times story on JPMorgan's regulators is not well edited, but it has some interesting reporting: At one... More

The Goldman Sachs of online retail

The FT with a good look at Amazon’s Marketplace platform

By Ryan Chittum   Jul 13, 2012 at 06:50 AM

The Financial Times is running a good series this week on Amazon, one of the country's most fascinating and frustrating... More

Audit Notes: Reuters on Chesapeake, Krugman on CNBC, Waldman on banks

The wire uncovers more emails showing potential collusion between competitors

By Ryan Chittum   Jul 12, 2012 at 06:50 AM

Reuters continues its tremendous investigation into natural gas giant Chesapeake Energy and its CEO Aubrey McClendon. Brian Grow and Joshua... More

Audit Notes: The Fed and The Economist on Libor, Goldman and Louisville

By Ryan Chittum   Jul 11, 2012 at 06:50 AM

Reuters's Carrick Mollenkamp, who broke the Libor scandal open in 2008 with Mark Whitehouse when they were at The Wall... More

Manufactured quotes

News organizations fail to disclose “regular Joe” businessmen’s lobbying ties

By Ryan Chittum   Jul 10, 2012 at 06:06 PM

Two weeks ago The New York Times wheeled out that old chestnut of Great Recession-era economic reporting: Companies can't find... More

Audit Notes: Daily Planet holds up, record collapse, presidential fundraising

The Onion on the least believable part of Superman comics

By Ryan Chittum   Jul 10, 2012 at 06:50 AM

This Onion article on the outdated Daily Planet is spot on: Frustrated fans of the Superman comic book said Monday... More

Audit Notes: NYT on JPM, The Guardian’s future, Big Lie of the crisis

Jamie Dimon’s bank pressured brokers to steer clients into its own funds

By Ryan Chittum   Jul 7, 2012 at 12:44 AM

The New York Times reports that JPMorgan Chase pressured its brokers to steer its retail clients into its own investment... More

The Economist on the Libor scandal

What happened and why it matters

By Ryan Chittum   Jul 6, 2012 at 02:08 PM

If you haven't paid much attention yet to the Libor scandal, this Economist piece will get you caught up quickly.... More

Audit Notes: Dark Ages, Mitt and Rupert, Chesapeake’s taxes

Stephen Moore on how “the greens” supposedly want to plunge America into darkness

By Ryan Chittum   Jul 6, 2012 at 06:50 AM

The Wall Street Journal editorial page's Stephen Moore uses the power outage in DC as a warning about what life... More

Reuters’s Chesapeake Energy drumbeat

Internal emails show companies scheming to lower bids on drilling rights

By Ryan Chittum   Jul 5, 2012 at 06:50 AM

Reuters continues to draw a bead on Chesapeake Energy and its CEO Aubrey McClendon, whose scalp it will be claiming... More

Audit Notes: Glass-Steagall II, beyond paywalls, warehouse work

The FT comes out in favor of hiving off investment banks

By Ryan Chittum   Jul 3, 2012 at 08:04 PM

This is important: The Financial Times editorial page comes out in favor of a Glass-Steagall II that would once again... More

Audit Notes: Spain’s Dilemma, Brits’ outrage on Libor, Audit Radio

Martin Wolf on how the country’s woes show the roots of the euro crisis

By Ryan Chittum   Jul 3, 2012 at 01:32 AM

Martin Wolf of the Financial Times has an excellent blog post pointing out how wrong Germany and Co. are about... More