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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   The WSJ Editorial Board Whiffs on Taxes

   April 22, 2011 04:22 PM

   The New Republic's Jonathan Chait and Columbia's Jeffrey Sachs rip into the Wall Street Journal editorial page for making some dumb errors in an editorial claiming that it's numerically impossible to tax the rich enough to close... Continue reading

2. The Audit

   Follow the Money Leads On the Iowa AG

   April 22, 2011 12:05 PM

   The National Institute on Money in State Politics's Follow The Money site reports on how campaign donations from the financial sector to Iowa Attorney General Tom Miller have skyrocketed since he took the lead role in the AGs' foreclosure... Continue reading

3. The Audit

   WSJ Goes Page One With Another Gold “Record”

   April 22, 2011 03:09 AM

   It's time for another round of hyped and misleading "gold hits a record" stories. Gold closed at $1,500 for the first time yesterday, and The Wall Street Journal puts it on page one under the headline "World Is Bitten... Continue reading

4. The Audit

   Big Companies and Jobs, Then and Now

   April 21, 2011 10:46 PM

   New York's Andre Tartar has a intriguing post on the biggest American corporations and how much their employment levels have changed over the last half a century. His conclusion: It’s a stark illustration of a hard truth: Being a... Continue reading

5. The Audit

   Cries For Help From Wall Street

   April 21, 2011 08:31 AM

   Financial Times columnist John Gapper had a good piece in New York a couple of weeks back about the psychology of Wall Street and how it's worried about where it's next big jackpot will be. The most fascinating aspect... Continue reading

6. The Audit

   Audit Notes: Financial Fraud and the Economy, TBTF Debts, Health Care

   April 21, 2011 12:03 AM

   Mike Konczal has some good thoughts on the Levin-Coburn Report, financial fraud, and ProPublica's Pulitzer win for their Wall Street reporting: Why is fraud important? The first is obviously the ideal of justice, that those who have been rewarded... Continue reading

7. The Audit

   Barron’s On a Deadly Russian Tax Heist

   April 20, 2011 06:49 PM

   Bill Alpert has a must-read story in Barron's this week—a wild tale of overt Russian corruption involving a $230 million tax scam, a suddenly wealthy tax official, an elaborate money laundering scheme, and a body count: Interior Ministry police... Continue reading

8. The Audit

   Chris Christie’s Corporate Welfare

   April 20, 2011 01:46 PM

   Chris Christie is a hero to the right and something of a media darling for his willingness to slash government spending and be brash about it. So this report in The Wall Street Journal is fascinating for what it... Continue reading

9. The Audit

   Audit Notes: Sorkin Hits Goldman, Agape at Capes, Preemption Doctrine

   April 19, 2011 08:36 PM

   Andrew Ross Sorkin gets just about as close to saying "Goldman Sachs lied to Congress" as you're going to see. And he becomes the first person to mention in the Times that Senator Levin wants to refer Goldman... Continue reading

10. The Audit

    The Miami Herald Gets Creative on the Bum Economy

    April 19, 2011 07:09 PM

    It's sometimes hard to find new angles on a story like the bum economy, which has been an ongoing story for going on four years now. So give credit to The Miami Herald for creativity with its Economic Time... Continue reading

11. The Audit

    That Giant Sucking Sound

    April 19, 2011 03:03 PM

    The Wall Street Journal has your chart of the day. It shows that U.S.-based multinational corporations added 2.4 million workers overseas from 2000 to 2009, while cutting their U.S. workforce by 2.9 million. These come from... Continue reading

12. The Audit

    Audit Notes: Pulitzer Edition

    April 18, 2011 08:30 PM

    The financial crisis is now more than three years old, but up to now there had been no Pulitzer Prize awarded for reporting on how Wall Street's crucial role in creating the financial crisis. Now there has. ProPublica's Jesse Eisinger... Continue reading

13. The Audit

    Newspaper Turnaround Stories

    April 18, 2011 04:24 PM

    David Carr takes a look today at the fortunes of the Minneapolis Star Tribune, which have stopped plummeting at least temporarily. It's nice to read some good news for a change about newspapers, especially ones that have bumped circulation,... Continue reading

14. The Audit

    Audit Notes: AP Spill, Reporting on Your Parent, Bloomberg Babies

    April 15, 2011 04:21 PM

    This Associated Press story had me scratching my head. It says Citgo spilled 265,000 barrels of oil in the Delaware River in 2004—the third-biggest oil spill in U.S. history. The judge cleared Citgo of liability in the third-largest oil... Continue reading

15. The Audit

    Skimpy Coverage of Levin-Coburn Report From WSJ, NYT

    April 15, 2011 01:33 PM

    If you're looking for second-day coverage of the Levin-Coburn report in The Wall Street Journal or New York Times—as I was—prepare to look elsewhere. The Journal gives us all of three paragraphs of boilerplate in the middle of yet another... Continue reading

16. The Audit

    Audit Notes: HuffPo Shines, Libor Lineup, An FT Slip

    April 15, 2011 12:54 AM

    I don't know about you, but the best news story I read today on the Levin-Coburn Report wasn't in the Journal or the Times, Bloomberg or Reuters. It was by William Alden and Shahien Nasiripour in The Huffington Post.... Continue reading

17. The Audit

    The Levin-Coburn Report Coverage

    April 14, 2011 05:50 PM

    There's all kinds of stuff to chew on in the new Levin-Coburn report, which looks like the toughest such report we've seen to date on the culprits of the financial crisis. But the coverage is hit or miss. Check The... Continue reading

18. The Audit

    A Damning NYT Investigation Into Justice Wall Street Style

    April 14, 2011 01:44 PM

    The New York Times has the story of the week, a superb investigation into why there haven't been prosecutions on Wall Street. They find a clear pattern of government protecting financial interests over bringing people to justice. Gretchen Morgenson... Continue reading

19. The Audit

    Audit Notes: Main Street Corp., The Do-Nothing Deficit Fix, Hugh Grant

    April 13, 2011 09:15 PM

    The Wall Street Journal runs a banner headline across the top of page one that says: Risk Rule Riles Main Street U.S. Wants Car Makers, Brewers to Back Derivatives Bets With Cash; Cost at Issue Really? You mean ma... Continue reading

20. The Audit

    Banana Republic

    April 13, 2011 07:08 PM

    David Cay Johnston has a fantastic piece out on "9 Things The Rich Don't Want You To Know About Taxes" running in a bunch of alt-weeklies this week. He thoroughly debunks the canard that the rich pay vastly more... Continue reading

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