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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   The Post goes south on NAFTA

   September 17, 2012 06:50 AM

   The Washington Post rah-rah story on trade with Mexico last week left out key context for its American readers. The Post writes that Mexicans are buying lots of American-made stuff thanks to NAFTA, a growing middle class, and retailers... Continue reading

2. The Audit

   Audit Notes: Bloomberg eyes CMBS, newspaper optimism, Weil on bank books

   September 14, 2012 06:50 AM

   Bloomberg News is good to keep an eye on the securitization market for early signs of froth. It reports that mortgage-backed securities in commercial real estate are raising red flags again: Buyers are gravitating toward the debt even as... Continue reading

3. The Audit

   The press sours a bit on Apple

   September 13, 2012 06:26 PM

   One of my favorite sports as a critic is watching how the press liveblogs the periodic gadget announcements that Apple pioneered as a 21st century model for getting and controlling press coverage. These events involve getting dozens or hundreds of... Continue reading

4. The Audit

   Audit Notes: NYT and Bain, Dimon’s Comp Committee, 401(k)s

   September 13, 2012 11:30 AM

   It's great that The New York Times is going aggressively after court documents in a big private-equity bid-rigging lawsuit, filing a motion to get documents unsealed. But I wonder how relevant it is to mention its former CEO Mitt... Continue reading

5. The Audit

   Journal Register opens the kimono a bit

   September 12, 2012 06:50 AM

   One of my biggest criticisms of Journal Register Company and Digital First Media has been how it has cherry-picked financial figures to show its transformation is succeeding, and how the press covered those incomplete numbers. Journal Register, as... Continue reading

6. The Audit

   Audit Notes: Amazon and antitrust, techspeak, ‘Peter Drucker with an Afro’

   September 12, 2012 01:33 AM

   The Los Angeles Times's Michael Hiltzik gets it on Amazon and the Justice Department's seriously misguided antitrust lawsuit against book publishers and Apple: Amazon's position in the e-book market was so close to unassailable at the time the publishers... Continue reading

7. The Audit

   Audit Notes: Bain’s LBOs, Star Tribune, Wolff on JRC

   September 11, 2012 06:50 AM

   ProPublica's Jesse Eisinger looks at Mitt Romney and Bain Capital, calling into question the narrative that it was largely about turning around struggling businesses: Yet in addition, under Romney's tenure, Bain often sought out solid businesses that didn't need... Continue reading

8. The Audit

   Audit Notes: WSJ Live, scot free, Martin Feldstein

   September 10, 2012 06:50 AM

   Wall Street Journal deputy managing editor Alan Murray says the paper's WSJ Live video efforts are growing at a torrid pace, quadrupling last year's pace with 28 million streams last month, Forbes reports. The fast growth of WSJ Live... Continue reading

9. The Audit

   The Facebook blame game

   September 8, 2012 02:38 AM

   Like Jon Weil, I've got little sympathy for the folks who speculated on Facebook at $38, thinking it would double in price on day one but who instead three months later are sitting on 50 percent losses. Buying a... Continue reading

10. The Audit

    Audit Notes: Journal Register, Clinton and ‘can’t find workers,’ AP flop

    September 7, 2012 06:50 AM

    Read Martin Langeveld's super-sharp take for the Nieman Lab on what the Journal Register bankruptcy means and what might be behind it: But it’s now clear that the “stacking of digital dimes” to replace digital dollars hasn’t happened fast... Continue reading

11. The Audit

    Journal Register, future-of-news star, is bankrupt again

    September 6, 2012 12:05 PM

    Yesterday, John Paton announced that Journal Register Company is filing for bankruptcy for the second time in three years. That’s something of a surprise to people who've read his announcements of soaring digital revenues and profits credulously. JRC’s... Continue reading

12. The Audit

    Audit Notes: NYT yacht coverage, Diluted tech stocks, CNBC

    September 6, 2012 06:50 AM

    The New York Times takes a tough look at a pressing issue in our struggling economy: "How to Keep Yachting Expenses Manageable." Another risk is that you buy the wrong boat for the waters where you want to... Continue reading

13. The Audit

    Audit Notes: blame the borrowers, Walmart cashiers, newspaper prices

    September 5, 2012 11:00 AM

    Henry Blodget somehow thinks that "everyone has spent the last five years trying to blame the housing crash on every conceivable housing-market participant (except the buyers who voluntarily paid and borrowed too much--they're apparently blameless)." He must have missed... Continue reading

14. The Audit

    The Wall Street Journal lets Paul Ryan go all but unchecked

    August 31, 2012 11:07 AM

    The Wall Street Journal's coverage of Paul Ryan's speech to the Republican National Convention Wednesday, which was packed with one hypocrisy and misleading claim after another, has been awfully weak. On page one the day after, its story doesn't... Continue reading

15. The Audit

    Audit Notes: Wall Street sheriffs, preprints, Globalization and workers

    August 31, 2012 11:00 AM

    The Wall Street Journal would have you believe Wall Street is running scared from all the financial cops in New York (emphasis mine): For decades, New York has served as home to ambitious prosecutors and regulators eager to make... Continue reading

16. The Audit

    Audit Notes: Murdoch’s hacking scandal, revolving door, Obama’s AMA

    August 30, 2012 11:00 AM

    As Rupert Murdoch tells the world to go see Dinesh D'Souza's "scary" 2016 propaganda (read my 2010 takes on the kookiness that spawned the movie here and here), his News Corporation is back in the headlines for... Continue reading

17. The Audit

    CNBC: kid gloves for bankers, boxing gloves for bank critics

    August 29, 2012 12:13 PM

    We're all for aggressively skeptical interviewing—I've often wished we could import Brits to do our presidential interviews, for instance. But it's a problem when one group of people get interviewed adversarially and another group gets deferential treatment. That contrast has... Continue reading

18. The Audit

    Audit Notes: the national debt, Bailout, ProPublica on campaign finance

    August 29, 2012 06:50 AM

    Ezra Klein, anticipating a lot of Republicans disingenuously blaming Obama for the national debt, points to a Center on Budget and Policy Priorities chart showing that the increase in the debt comes almost entirely from Bush-era policies: Continue reading

19. The Audit

    The NYT’s weak coverage of rental-car consolidation

    August 28, 2012 11:12 PM

    The rental car business is a highly concentrated industry controlled by four companies. It's about to get much more concentrated, if Hertz's $2.3 billion bid for Dollar Thrifty passes its antitrust reviews. The merger's potential effects on competition and consumer... Continue reading

20. The Audit

    Audit Notes: GOP gold bugs, too big to fail, Niall Ferguson

    August 28, 2012 06:50 AM

    The Republicans have put the gold standard (or at least a commission to study the idea) back in their party's platform. Paul Krugman writes about why this is nuts: There is a remarkably widespread view that at least gold... Continue reading

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