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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Audit Notes: Google v. Groupon, BofA Deal, The 99ers

   January 4, 2011 11:31 PM

   The Wall Street Journal's Shira Ovide writes that Google, spurned by Groupon despite its stunning $6 billion offer for the startup, is talking like it's going to start a similar service to compete. In other words: Google's going to... Continue reading

2. The Audit

   Bank of America’s Sweet Deal on Fannie and Freddie

   January 4, 2011 01:24 PM

   The Washington Post got the best quote on the Bank of America settlement with Fannie Mae and Freddie Mac and puts it up high in the fourth paragraph: "This is a gift" from the government to the bank, said... Continue reading

3. The Audit

   Best of 2010: Ryan Chittum

   December 24, 2010 01:20 PM

   Business Journalism on Prozac: A look at an issue of Fortune finds the magazine painting a picture of the corporate world so rosy it’s almost unrecognizable. While it’s individual pieces may be accurate (and for that matter worthwhile), the... Continue reading

4. The Audit

   Audit Notes: The Bloomberg Way, Conflicts in Congress, Apple and Wikileakspedia

   December 21, 2010 06:45 PM

   One of the knocks on Bloomberg News is that the place is a bit, well, cultish. This quote doesn't help matters. We noticed the other day top dog Matt Winkler getting a little weird channeling Mayor Mike's views for... Continue reading

5. The Audit

   An Excellent WSJ Piece on Federal Regulators’ Inaction

   December 21, 2010 10:52 AM

   The Wall Street Journal has an excellent follow to its scoop yesterday that New York is planning to sue Ernst & Young for fraudulent accounting in the Lehman Brothers collapse. Covering regulation well is difficult because it all too... Continue reading

6. The Audit

   Audit Notes: Nocera on Wallison, The Corporate Court, Wall Street Pay

   December 20, 2010 05:21 PM

   Joe Nocera weighed in Saturday on the ridiculous document released by the Republicans on the Financial Crisis Inquiry Commission. Here he lowers the boom on Peter Wallison of the American Enterprise Institute (here): The F.C.I.C. commissioner who has... Continue reading

7. The Audit

   The WSJ Gives a Madoff the Soft Touch

   December 20, 2010 02:24 PM

   This looks for all the world like a publicist-driven story in The Wall Street Journal story on how Andrew Madoff is coping a week and a half after his brother Mark's apparent suicide. The paper puts it on C1... Continue reading

8. The Audit

   Audit Notes: Inequality in NYC, Reuters on Dumb Money, Ireland

   December 17, 2010 06:05 PM

   Yves Smith, in a "Banana Republic Watch," points to a report (PDF) from the Fiscal Policy Institute that finds inequality in New York City is worse than that in all but fifteen countries. Since 1980, the share... Continue reading

9. The Audit

   Covering the Republicans’ Crisis Commission Document

   December 17, 2010 03:14 PM

   The four Republicans on the Financial Crisis Inquiry Commission released their own report Wednesday on the causes of the financial crisis after voting—I kid you not—to ban the words "Wall Street," "shadow banking," "interconnection," and "deregulation" from the main report.... Continue reading

10. The Audit

    Audit Notes: Deal Scoops; Gasparino on the Economy, Bloomberg Editorials

    December 16, 2010 08:10 PM

    Deal journalism isn't our bag here, but this New York Observer story is worth noting all the same. It's interesting to quantify how dominant The Wall Street Journal still is in the field, especially with all the press... Continue reading

11. The Audit

    WSJ Parrots Governor Christie on Jobs

    December 16, 2010 05:51 PM

    The idea, I suppose, of The Wall Street Journal's Greater New York section was to bring a little Journal touch to the local news. Not so much with this piece. The paper types up an interview with New Jersey's... Continue reading

12. The Audit

    When Regulators Shrink, Press Responsibilities Rise

    December 16, 2010 10:09 AM

    The quasi re-regulation of finance is less than two years old, but it's already facing the rollback from leadership in a Republican House of Representatives hostile to the very idea and, not coincidentally, friendly with financial interests. A couple of... Continue reading

13. The Audit

    Pearlstein Takes On Google’s Threat to Competition

    December 15, 2010 04:19 PM

    The Washington Post's Steven Pearlstein takes up the Google monopoly case today with an excellent column in The Washington Post. If you want to know why there's a problem with what Google's doing, this is about the best place... Continue reading

14. The Audit

    Most of the Press Misses Foreclosure Scandal News (UPDATED)

    December 15, 2010 11:53 AM

    Iowa's attorney general said yesterday that he will bring criminal charges over the foreclosure scandal. But most of the press doesn't have the news. Yves Smith of Naked Capitalism picks up on this story, as does The Huffington... Continue reading

15. The Audit

    Audit Notes: Fallows on Orszag, The Atlantic in the Black, Google

    December 14, 2010 11:51 PM

    Obama cabinet official Peter Orszag took a spin through the revolving door and ended up in a million-dollar sinecure at Citigroup, which is still part owned by the government. James Fallows has the best take on that, calling it... Continue reading

16. The Audit

    “Uncertainty” Trotted Out in the Journal

    December 14, 2010 11:12 AM

    If there's one thing our titans of industry can't stand, it's uncertainty. We've seen that excuse trotted out over and over again to explain why they're not hiring and why they ought get their way politically. The Journal goes page... Continue reading

17. The Audit

    Audit Notes: Risky Business, Two Economies, Google and Monopoly

    December 13, 2010 08:17 PM

    The New York Times is good to keep an eye on signs of a return of risky lending. Today it looks at signs that the moribund credit-card industry is stirring again, which could be worrisome on a number of... Continue reading

18. The Audit

    Bloomberg Poll: Stick It to Wall Street

    December 13, 2010 07:04 PM

    Bloomberg News got some stunning numbers polling Americans on whether big bonuses should be banned at Wall Street's bailout recipients, which essentially means all of the Wall Street banks. A whopping 71 percent say they should be banned... Continue reading

19. The Audit

    Google’s Search Dominance Comes In Handy for Its Other Businesses

    December 13, 2010 11:46 AM

    Google has a near-monopoly on search in the U.S. It uses that dominant position to boost its other businesses at the expense of competitors. We've got a problem here. The Wall Street Journal takes a look at that this... Continue reading

20. The Audit

    Audit Notes: Herald-Tribune Investigation, Drumbeat, Nothing for the 99ers

    December 10, 2010 07:01 PM

    Down in Florida, State Farm has exited its coastal hurricane-insurance business, saying it couldn't afford it anymore. But thanks to an investigation by Paige St. John and the Sarasota Herald-Tribune we now know that State Farm is still in... Continue reading

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