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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Audit Notes: WSJ on Selling Access, Wall Street-Style; Yanked; Small Paywalls

   May 16, 2011 08:25 PM

   The Wall Street Journal has a very good page-one story on how Wall Street gives hedge funds access to key executives in exchange for their business. The lede is great: One day in early March, the phone lines of... Continue reading

2. The Audit

   Audit Notes: WSJ’s Deceptive Edits, NYT Glows for Bharara, Cohan Glowers

   May 13, 2011 07:50 PM

   Jon Chait and Kevin Drum team up for a nifty demolition of that Wall Street Journal editorial page deception I wrote about a couple of weeks ago. Chait notes that the Journal uses an "optical illusion" in... Continue reading

3. The Audit

   Now It’s the NYT’s Turn to Take On Trump Inc.

   May 13, 2011 11:28 AM

   On Wednesday, the Los Angeles Times took a good look at Donald Trump's business empire and how he built it with the aid of government largesse. Today it's The New York Times's turn, and it's even better,... Continue reading

4. The Audit

   Audit Notes: Slick Politics, Greece’s Red Flag, What Caused Oil’s Tumble?

   May 12, 2011 08:35 PM

   I noted a Huffington Post story the other day reporting that removing drilling bans wouldn't really affect the price of gas in the U.S. So it's also worth noting, as ProPublica does today, that removing the $4... Continue reading

5. The Audit

   An FCC Commissioner’s Brazen Dash Through the Revolving Door

   May 12, 2011 01:33 PM

   The Wall Street Journal and Bloomberg News show some terrible news judgment today, burying news that FCC Commissioner Meredith Attwell Baker is jumping ship to Comcast less than four months after voting to approve the company's controversial purchase of NBC... Continue reading

6. The Audit

   Microsoft-Skype Gets Bubble-Era Hype from the Times (UPDATED)

   May 11, 2011 08:22 PM

   The New York Times goes A1 with a breathless second-day story that shows some of the perils of deal reporting. This one's about Microsoft's $8.5 billion purchase of Skype and all the gee-whiz implications that could potentially maybe... Continue reading

7. The Audit

   L.A. Times Examines Trump’s Gold-Plated Corporate Welfare

   May 11, 2011 02:49 PM

   How do you handle covering a candidacy that's primarily a publicity stunt by a crazed ego and presshound—one with approximately zero chance of success—without lending undue credit to it? The Los Angeles Times shows one way today with a <a... Continue reading

8. The Audit

   Audit Notes: “People Love It,” The New Nocera, NYT Parody Flop

   May 10, 2011 09:05 PM

   Andrew Ross Sorkin has a good column on a panel of top financiers discussing financial reform and too big to fail banks. This is a nice lede: The irony was thick. Alan Schwartz, the former chief executive of Bear... Continue reading

9. The Audit

   Race to the Bottom

   May 10, 2011 04:08 PM

   The New York Times gave this piece as big a play as you'll see a non-news story get yesterday, going with a four-line, two-column headline atop page one. That's newspaper for This Story Is Important. The Times reports on... Continue reading

10. The Audit

    U.S. Oil Is Limited and Fungible, the HuffPost Reports

    May 9, 2011 12:40 PM

    The Huffington Post's Michael McAuliff has a good piece of reporting on the potential impact of a bill the House passed last week that would make it easier to drill for oil. The HuffPost pulls a couple of quotes... Continue reading

11. The Audit

    Audit Notes: UBS Fraud, Stevie Cohen, Bankers 4 Liz Warren!

    May 6, 2011 04:30 PM

    So a giant Swiss bank defrauds American taxpayers. It bid-rigs the muni-bond derivatives market. It pays kickbacks and bribes. The SEC charges it with fraud and settles the case for $160 million. It's the second too-big-to-fail bank, after Bank... Continue reading

12. The Audit

    Murdoch’s Hacking Scandal

    May 6, 2011 09:49 AM

    If you haven't followed the growing scandal at Rupert Murdoch's News Corporation, it's worth sitting down with Sarah Ellison's piece in Vanity Fair and Archie Bland's in our very own Columbia Journalism Review. Between the two stories,... Continue reading

13. The Audit

    Audit Notes: CEO Porn; Ryan Avent on Paul Ryan; Sbarro, Cooked

    May 5, 2011 09:08 PM

    Gary Weiss says the tarnishing of Warren Buffett is a useful moment for the press to stand back and quit the CEO worship. Indeed: The annual "we love Warren" extravaganza long ago acquired many of the aspects of a... Continue reading

14. The Audit

    Old-School Journal Leder Spotted in the Wild

    May 5, 2011 02:19 PM

    The Wall Street Journal has a superb page-one story today about greenwashing—the reality behind an American company's marketing of an Amazonian Indian tribe. The Journal spent a good amount of money and time on this one.... Continue reading

15. The Audit

    Audit Notes: Globalization and Corporate Crime, Capital Gains, Auto Correct

    May 4, 2011 07:23 PM

    — Columbia's Jeffrey Sachs is riled up these days. He has an interesting piece on how and why corporate crime has gotten so hard to stamp out. His answer: Globalization and campaign finance: Hardly a day passes without a... Continue reading

16. The Audit

    The Regulators on the Bus

    May 4, 2011 12:28 PM

    We've wondered often just what it is that makes our financial regulators so toothless in the wake of the widespread fraud and chicanery that helped crash the financial system. This, reported in The New York Times this morning, obviously... Continue reading

17. The Audit

    Audit Notes: Levin-Coburn Referrals; Falling Dollar, Rising Exports; Amazon Watch

    May 3, 2011 08:12 PM

    Bloomberg reports that Senators Carl Levin and Tom Coburn have formally referred their bipartisan investigation of the financial crisis, and Goldman Sachs in particular, to the Department of Justice and the SEC for possible prosecution. I noticed The New... Continue reading

18. The Audit

    Lucky Duckies Waddle Onto the WSJ News Pages

    May 3, 2011 02:53 PM

    The Wall Street Journal has a poor story today reporting that "High-Earning Households Pay Growing Share of Taxes." The paper's editorial page has long pushed this issue, notoriously referring to folks who pay no income taxes as "lucky... Continue reading

19. The Audit

    Too Big to Fail: New Jersey Mall Edition

    May 2, 2011 07:50 PM

    What corporate interest won't Chris Christie subsidize with taxpayer dollars? The New Jersey governor, press favorite, and conservative hero is unloading more taxpayer money to private interests. He's doled out a 100 million bucks to a Japanese company, handed real... Continue reading

20. The Audit

    WSJ Notes That Commodities Go Down, Too

    May 2, 2011 12:11 PM

    The business press is much more sensitive to signs of price increases than it is to signs of price decreases. So it's good to see The Wall Street Journal take note of the fact that some critical... Continue reading

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