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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Audit Notes: Nobody’s Guilty In SEC Deals, Swipe Fees, Euromess

   December 9, 2011 03:09 PM

   The New York Times makes a good catch on the disparities in a Justice Department settlement with Wachovia and an SEC settlement with the same bank. Justice and the SEC teamed up to ding Wachovia for bid-rigging the municipal... Continue reading

2. The Audit

   A Big Corporate Welfare Story Gets Short Shrift

   December 8, 2011 12:43 PM

   Here's a story that's calling out for more attention and isn't getting it. Reuters's David Cay Johnston wrote last week about a ruling in the New York Court of Appeals in favor of the state's corporate welfare largesse. The... Continue reading

3. The Audit

   Sensationalism and Consumerism, Paid For on the News

   December 7, 2011 08:19 PM

   I like this Washington Post story on how product experts popping up on newscasts are frequently paid by companies to promote the products they talk about and how it's against the law. But this story could have been... Continue reading

4. The Audit

   Ad Layout of the Day

   December 7, 2011 01:44 PM

   From the A-section of The Wall Street Journal: Continue reading

5. The Audit

   60 Minutes’ Tough Piece on Crisis Prosecutions

   December 6, 2011 07:31 PM

   A tip of the cap to 60 Minutes for an excellent report Sunday asking about the lack of criminal prosecutions on Wall Street in the wake of the financial crisis. Steve Kroft gets a half hour of TV time... Continue reading

6. The Audit

   A Super Journal Story on “Death-Debt” Collectors

   December 5, 2011 04:40 PM

   The Wall Street Journal had an outstanding story this weekend on so called death-debt collectors—an industry that makes money by pressuring newly widowed spouses or other surviving family members to pay debts they don't legally owe. Jessica Silver-Greenberg reports... Continue reading

7. The Audit

   Audit Notes: Reproducibility, Daily Show, Boeing Settlement

   December 2, 2011 07:55 PM

   The Wall Street Journal has a very good page-one story today reporting on how most peer-reviewed medical studies can't be reproduced by other researchers. Reproducibility is the foundation of all modern research, the standard by which scientific claims... Continue reading

8. The Audit

   WSJ Gives Minimum Info on Front Group

   December 2, 2011 11:49 AM

   Here's how The Wall Street Journal framed its report yesterday on several states raising the minimum wage next year: Small businesses, already on a tight budget, are looking for new ways to cut costs as they brace for minimum... Continue reading

9. The Audit

   Kristof Finds a Banker With Regrets

   December 1, 2011 10:37 AM

   I've praised Bloomberg News a couple of times this week for digging up years-old muck on the financial crisis, so here's some for Nicholas Kristof of The New York Times for doing the same (extra points for... Continue reading

10. The Audit

    Audit Notes: Wall Street Dissent, Strib Scrooge, Bailouts In Context

    November 30, 2011 08:03 PM

    ProPublica's Jesse Eisinger has an excellent column today on dissent within the financial industry, writing that "Wall Street Is Already Occupied." As Audit Boss Dean Starkman says on the Twitter, it's "both plugged-in and wise." The financial industry is... Continue reading

11. The Audit

    McClatchy Misses on Cotton Speculators

    November 30, 2011 07:15 PM

    McClatchy investigates doings in the cotton market, which like other commodities has been roiled by volatility in recent years largely because financial-industry speculators have poured in placing bets. I don't doubt this has happened, but unfortunately, McClatchy doesn't prove... Continue reading

12. The Audit

    Audit Notes: WSJ’s Facebook Non-News, Bogus Bloomberg, Tabloid Id

    November 29, 2011 11:54 PM

    Fortune's Dan Primack calls out The Wall Street Journal for hyping non-news on page one that Facebook is going to launch an IPO in the spring for somewhere near $100 billion. Yesterday the Wall Street Journal got a huge... Continue reading

13. The Audit

    Bloomberg’s Big Paulson Scoop

    November 29, 2011 07:21 PM

    Bloomberg Markets reports that in July 2008 then-Treasury Secretary Hank Paulson told a meeting of big investors, including several fellow Goldman Sachs alumni, how he would nationalize Fannie and Freddie and wipe out shareholders, "leaving little doubt that the... Continue reading

14. The Audit

    Audit Notes: Radicalized, Nonprofit Newt, Murdoch’s Wedding Singer

    November 28, 2011 07:56 PM

    Kevin Drum riffs off Bloomberg Markets story on banks' bailout profits to write about how the response to the crash has radicalized him: But hoo boy, what a contrast with how the rest of us were treated.... Continue reading

15. The Audit

    Bloomberg Leads on the Fed (Again)

    November 28, 2011 03:12 PM

    Bloomberg is still, thank God, hammering away at the gargantuan bank bailouts of 2008-2009. Most of those were hidden from public view and still would be if not for the efforts of Bloomberg, especially folks like the late <a... Continue reading

16. The Audit

    The Turkey-Inflation Goblin

    November 23, 2011 02:08 PM

    Speaking of The Wall Street Journal editorial page, its Opinion Journal Live is looking for signs of runaway inflation to support its tight-money stance, and it's finally found it: We keep hearing that inflation has not gotten out of... Continue reading

17. The Audit

    A Columnist Recants, but the WSJ Edit Page Won’t Hear it

    November 23, 2011 11:39 AM

    A year and a half ago, George Mason University economics professor Daniel B. Klein wrote a column about his finding that liberals scored much worse on a test about basic economics than libertarians and conservatives. The Wall Street Journal trumpeted... Continue reading

18. The Audit

    Hudson On the Systemic Corruption of the Mortgage Business

    November 22, 2011 02:03 PM

    The Center for Public Integrity Michael Hudson has another excellent installment of his investigation into the culture of fraud at mortgage lenders during the bubble. Everybody else seems to have moved on from the on-the-ground crime scene, to the... Continue reading

19. The Audit

    BW Oversells Its Story on Americans and Dirty Jobs

    November 21, 2011 08:20 PM

    This Bloomberg BusinessWork cover story from last week on "Why Americans Won't Do Dirty Jobs" takes an uneven look at the issues surrounding cheap immigrant labor and what happens when states pass strict anti-illegal-immigrant laws. Uneven because there's some... Continue reading

20. The Audit

    FT Style Undermines A Good Investigation

    November 21, 2011 03:09 PM

    The Financial Times has a good investigation today into how hedge funds are stocking their boards with directors in the Cayman Islands who serve on hundreds of boards. The FT did a lot of work here, analyzing thousands of SEC... Continue reading

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