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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Audit Notes: Dimon the Persecuted, Mitt’s Taxes, Minimum Wage

   January 25, 2012 02:32 AM

   Yesterday we heard press favorite Jamie Dimon sputtering about how swipe-fee regulations, which capped how much big banks could gouge merchants for debit-card transactions, were "a gross miscarriage of justice." Today, Charlie Gasparino of Fox Business sits down with... Continue reading

2. The Audit

   Mitt Romney’s Taxes

   January 24, 2012 04:21 PM

   All the major papers are devoting lots of resources to covering Mitt Romney's tax return, putting the national spotlight on how taxes, and particularly on how little taxes the ultra-wealthy actually pay. It's top story right now on the home... Continue reading

3. The Audit

   Audit Notes: Kim Dotcom and SOPA, Private Equity, Swipe Fees

   January 23, 2012 07:58 PM

   The Kim Dotcom story is fascinating, and not just because the FBI had to get dozens of cops in New Zealand, backed by choppers, to cut the 6'7, 300 pounder out of a saferoom he'd holed up in inside... Continue reading

4. The Audit

   Patent Trolls 4 News Paywalls

   January 23, 2012 05:30 PM

   As far as voices of support go, the news business probably wishes it could do better than a patent troll . But I suppose it'll take what it can get these days. Unfortunately, Nathan Myhrvold, writing for Bloomberg... Continue reading

5. The Audit

   Audit Notes: Justice’s Revolving Door, GE Probed, iBooks Author

   January 20, 2012 09:43 PM

   Reuters's Scot J. Paltrow reports that Obama's Attorney General Eric Holder and the head of his criminal division worked for a law firm that represented a "Who's Who of big banks and other companies at the center of alleged... Continue reading

6. The Audit

   Two Days, Two Good Investigations From Mollenkamp

   January 20, 2012 02:31 PM

   Carrick Mollenkamp is getting his post-WSJ days off to quite the start. On Wednesday, he wrote, with Lauren Tara LaCapra and Matthew Goldstein, a tough Reuters story headlined "In MF Global, JPMorgan again at center of a financial failure."... Continue reading

7. The Audit

   Audit Notes: News Corp. Coverup, GOP and the Unemployed, SOPA

   January 19, 2012 09:24 PM

   Murdoch's hacking scandal flared up again today, as News Corporation paid out millions of pounds worth of settlements to victims of News of the World crimes, which now include computer hacking. A high court judge said the Murdoch-owned company... Continue reading

8. The Audit

   On Debt, Mitt’s of Two Minds

   January 19, 2012 12:08 PM

   Jesse Eisinger has a smart New York Times column on how Mitt Romney, fittingly perhaps, is running on debt while running against it. The GOP frontrunner is a former private-equity CEO, of course, which means his business success, the... Continue reading

9. The Audit

   Audit Notes: Gapper on SOPA, Japan’s Papers, Credit Card Antitrust

   January 18, 2012 09:24 PM

   The reaction from internet evangelists over the Stop Online Privacy Act and the Protect IP Act has bordered on hysteria. Witness Wikipedia shutting down for twenty-four hours so we can all "Imagine a World Without Free Knowledge." The Financial Times's... Continue reading

10. The Audit

    Audit Notes: Bloomberg’s BW Investment, Jobs For Robots, NCAA Injustice

    January 17, 2012 08:02 PM

    Chris Roush of TalkingBizNews looks at new Association of Magazine Media data and finds that business magazines are doing well—better than the rest of the magazine industry, anyway. The 13 business magazines reported ad revenue of $1.24 billion... Continue reading

11. The Audit

    Paywalls: Maybe Not So Complicated After All

    January 17, 2012 01:21 PM

    Clay Shirky, a leading paywall skeptic, deserves credit for grappling with what is now generally conceded to be the clear success of The New York Times's digital pay model. Shirky makes the counterintuitive argument that NYT’s success, coupled with... Continue reading

12. The Audit

    Audit Notes: Triple Dip; Bloomberg Terminals; Goldman, AIG, and the Fed

    January 13, 2012 09:45 PM

    Jeffrey Verschleiser is in the news for renting out the entire ninety-four room Hotel Jerome this weekend for his daughter's bat mitzvah. Who's Jeffrey Verschleiser? Rolling Stone's Matt Taibbi revisits the tale, reported by Teri Buhl... Continue reading

13. The Audit

    Famous Last Words From the Fed

    January 13, 2012 02:28 PM

    The big papers go page one today, as they should, with reports on newly released transcriptions from 2006 Federal Reserve meetings—devastating documents of the failure of top economic policymakers to understand what was happening in the economy. The New York... Continue reading

14. The Audit

    Audit Notes: Romney’s Black Box, Banker Probe, Laffer Curveball

    January 12, 2012 08:01 PM

    Politico makes a good point about how reporters are having something of a hard time assessing Mitt Romney's tenure at Bain Capital: So far, the definitive and comprehensive answers to these questions have proven elusive to even the country’s... Continue reading

15. The Audit

    Misleading Readers on Romney’s “$12 Million Teardown”

    January 12, 2012 02:43 PM

    We've heard a lot about $12 million teardowns lately. Tiger Woods's ex-wife Elin Nordegren is tearing down her $12 million North Palm Beach house, we're told, to build another house. More importantly, GOP's presumptive nominee Mitt Romney is tearing... Continue reading

16. The Audit

    The Banker Finds Possible “Trouble” at Chase (UPDATED)

    January 11, 2012 02:13 PM

    Back in June, The Wall Street Journal reported a big scoop that press favorite Jamie Dimon's JPMorgan Chase had dropped a bunch of debt-collection lawsuits in at least five states. It seemed, though the paper couldn't quite nail it... Continue reading

17. The Audit

    Audit Notes: Kent State Court, Corporate Taxes, the Communion Wafer Industry

    January 10, 2012 07:31 PM

    Hats off to The Daily Kent Stater and reporter Doug Brown for exposing how the university was about to name its basketball court after a donor who had a nasty bit of securities fraud in his past: According to... Continue reading

18. The Audit

    Wall Street’s Toxic Touch

    January 10, 2012 03:22 PM

    Bloomberg View's Mark Whitehouse points to a fascinating report on new evidence showing how badly Wall Street screwed investors in stuffing collateralized debt obligations with toxic assets. The report, by BlackRock's Oliver Faltin-Traeger and the Columbia B-School's Christopher... Continue reading

19. The Audit

    Audit Notes: Swiped, Hit List, Journo Demographics

    January 9, 2012 07:59 PM

    Bloomberg News has an interesting story on a dispute between a Utah restaurant and Visa and Mastercard. The card companies say the restaurant was lax about protecting card numbers that ended up being used in more than a million... Continue reading

20. The Audit

    It’s the WSJ’s Turn on Romney’s Private Equity Record

    January 9, 2012 02:34 PM

    Mitt Romney's tenure at private-equity firm Bain Capital is the gift that will keep on giving for journalists. Reuters reported last week that a Romney purchase required a federal bailout, even though Bain made big money on it. The... Continue reading

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