Monday, December 22, 2014. Last Update: Mon 12:30 PM EST

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Articles by Ryan Chittum | Email the Author

Opening Bell: Job Drop

Unemployment soars; Jamie Dimon, welfare king; Apple eclipses Wal-Mart; etc.

The economy is beginning to shed jobs at a worrisome pace. Initial unemployment claims soared 38,000 last week to 407,000,... More

Opening Bell: Back-Scratching 101

Senate relief plan would spread the goodies; Big Ben’s bad day; Bush’s MBA doesn’t seem to help; etc.

Senate leaders agreed on a compromise housing-relief plan in non-senatorial fashion—fairly quickly. The $15 billion to $20 billion plan (depending... More

Opening Bell: When Down Is Up

Market soars on bad news; blame it on the shorts; perilous bank balance sheets; etc.

Stock markets rallied big—again—yesterday on news that two big financial players are taking multibillion-dollar hits. Yes, news has been so... More

Opening Bell: Subprime Mess Snares UBS

Swiss bank’s massive write-down; Bush regulatory plan panned; central banks scramble; etc.

Swiss banking giant UBS announced this morning that it would take a massive $19 billion write-down of its assets in... More

Opening Bell: The Fed’s Blank Check

And our least-transparent agency shall lead us; Paulson in wonderland; Food stamp flurry; etc.

The Wall Street Journal fronts news that a plan is taking shape within the Bush administration to turn the Federal... More

Opening Bell: Uncle Jimmy’s Fire Sale

Bear’s Cayne brought to his knees; the sticky rice market; pissed-off homeowners; etc.

The Wall Street Journal and the Financial Times both report that our beloved national uncle, Jimmy “Nero” Cayne, has sold... More

Opening Bell: Regulation!

Paulson the heretic; the death of home-equity loans; is New Century Financial the next Enron?; etc.

Treasury Secretary Henry Paulson says the Federal Reserve should have more power to regulate Wall Street. He’s the first in... More

Opening Bell: Clearly a Mess

Collapsing deals; the Fed in perspective; Floridians’ recession strategies, etc.

The Wall Street Journal reports on A1 that the $19 billion private-equity deal reached 16 months ago for Clear Channel... More

Opening Bell: We Was Mugged

Congressional hearings on Bear; the Fed plays hardball; housing lobby spins; etc.

JPMorgan Chase upped its offer for Bear Stearns from $2 a share to $10.13 yesterday in a bid to appease... More

The Opening Bell: Blubbering Bear

NYT’s scoop on JPMorgan’s new offer; all that costly regulation!; the Japanese talk smack; etc.

The New York Times goes above the fold on A1 with a major scoop that JPMorgan Chase is discussing quintupling... More

Opening Bell: Ripple Effect

CIT Group follows Bear to the brink; small homebuilders default; Murdoch targets Newsday; etc.

Commercial-finance firm CIT Group said it’s in trouble yesterday, having had to tap more than $7 billion in emergency loans... More

Opening Bell: Hang On To That Bomb Shelter

Faith in Freddie and Fannie; commodity markets get hammered; Depression anyone? Etc.

The papers go big with the government making it easier for Fannie Mae and Freddie Mac to bolster mortgage lending—allowing... More

Opening Bell: One-Day Wonder?

Market soars, but…; another twist in the Bear saga; the subprime blame game; etc.

The papers lead with the stock market going manic yesterday on bolstered confidence in Wall Street banks and another big... More

Opening Bell: The Street Freaks Out

Earnings reports land with a shudder; questions for Lehman; the ghost of 1990s Japan; etc.

Wall Street continued to reel yesterday from the worst financial crisis since the Great Depression as the formidable Lehman Brothers... More

Opening Bell: Bear Meat

Helicopter Ben strikes again; is Lehman next? Merrill?; more evidence of subprime greed; etc.

Bear Stearns collapsed into the arms of JP Morgan Chase (and the Federal Reserve) last night, ending the stunningly fast... More

Opening Bell: The Economy’s Toxic Blend

Okay, we get it, we’re in a recession; dollar-dive ripples; Carlyle’s creative and time-tested investment strategy; etc.

The business press piles on the economy this morning with The New York Times saying it faces a “Toxic Blend... More

Opening Bell: The Great Hedge-Fund Unwind

Carlyle Capital leads the way; the Bushies get (regulatory) religion; rotten meat; unlucky pennies, etc.

The hedge fund Carlyle Capital all but collapsed last night, stunning investors with the speed of its fall from being... More

Opening Bell: Bailout!

The Fed’s big cash drop, Citi’s “attractive investments,” a rebid for Boeing?, etc.

Stocks posted their biggest one-day gain in five years yesterday, after the Federal Reserve said it would dump $200 billion... More

Opening Bell: The Roof Is On Fire

Bear Stearns tumbles; Freddie and Fannie teeter; Blackstone’s burden; Schadenfreude on the Street

While Wall Street was busy celebrating the sudden fall of its crusading nemesis, Eliot Spitzer, yesterday, shares of one of... More

Opening Bell: Negative Yield

Panicking banks; more room to fall; WaPo shines, etc.

If it's Monday, it must be analysis time. Bloomberg says that the sudden proliferation of belly-up hedge funds shows the... More

Reporters fail to capture implications of pension provision - A ‘big shift’ tucked into the spending bill goes under-examined

The New Republic: A public trust or a business? - How Chris Hughes turned a 100-year-old publication into a “product”

Serial creators don’t know what will happen to Adnan Syed - New developments in his legal case suggest that the outcome is wide open

FOIA reform dies while the press looked the other way - RIP Improvement Act of 2014

The problem with sharing uncredited photos - “Just because you put something on the internet does not give people the right to steal it”


The traffic lure of outrage (Slate)

“I didn’t become a journalist to peddle indignation on Facebook. But it sells—the page views don’t lie.”

NBC news producer’s sons were in the besieged school in Peshawar (NBCnews.com)

“I remained silent and didn’t know what to say — I know how such attacks on schools usually end”

Hero mom calls into CSPAN to berate her arguing pundit sons (WaPo)

“This was not planned. She called in on the normal line.”

Dick Cheney doesn’t want to call it torture but the media doesn’t have to follow (Vox)

“People deserve to know that the American government (proudly!) did things that in any other context are called torture”

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