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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   LAT Watchdogs Wall Street on the GM IPO

   November 16, 2010 01:03 PM

   The L.A. Times takes a smart tack on the General Motors IPO story, reporting that it shows how Wall Street is up to old tricks. The thing is, both GM and Wall Street owe their very existence to the... Continue reading

2. The Audit

   L.A. Times Quantifies the Dominance of the Finance Lobby

   November 15, 2010 06:57 AM

   The Los Angeles Times drops some good reporting this morning on regulation and the financial lobby, aggregating publicly available records to give a glimpse at how the sausage is made (with white shoes and cufflinks, apparently). Nathaniel Popper gets... Continue reading

3. The Audit

   Audit Notes: Free Trade “Hit,” Taxing Wall Street, Bruce Karatz v. Tron Carter

   November 12, 2010 03:29 PM

   One thing the financial press doesn't much pretend to be neutral about is "free trade." They love that stuff. See for instance, this Wall Street Journal headline this morning: U.S. Hit By Trade Setback See, some of us—most... Continue reading

4. The Audit

   The $600 Million Homeowner Bailout

   November 12, 2010 07:27 AM

   Remember when a little ol' homeowner bailout set off CNBC's Rick Santelli, igniting the Tea Party movement back in February 2009? Back then the bailout number bandied about was $275 billion, enough to give $5,500 to every mortgage holder... Continue reading

5. The Audit

   MSNBC’s Ratigan Goes Way Off the Deep End

   November 11, 2010 04:06 PM

   MSNBC host Dylan Ratigan not only decided it was a good idea to have on far-left cartoonist Ted Rall to discuss his new book The Anti-American Manifesto, which calls for the left to consider violent revolution if its aims aren't... Continue reading

6. The Audit

   Overplaying the Two Old Guys’ Report

   November 11, 2010 02:00 PM

   The Wall Street Journal and New York Times misplay the report out of the deficit commission panel today. The Journal leads its front page with the big headline: Deficit Panel Pushes Cuts The Times is worse, going with a<a... Continue reading

7. The Audit

   Audit Notes: WSJ Explains Ireland, Eisinger, Tragedy of the Technocrats

   November 10, 2010 04:13 PM

   Every once in a while, we get one of those page-one stories in The Wall Street Journal that remind you of the pre-Murdoch paper. It's like bumping into an old friend or something. Today's Ireland leder is a good... Continue reading

8. The Audit

   A Times Story Bodes Ill for the Washington Post

   November 10, 2010 03:32 PM

   The for-profit college business just looks worse and worse, and a New York Times investigation this morning paints a disturbing picture of what's going on at The Washington Post Company's cash cow, Kaplan. The Times relies on four whistleblower... Continue reading

9. The Audit

   Audit Notes: Foreclosure Scandal, Gold Still Not a Record, Facebook Ads

   November 9, 2010 06:11 PM

   The Washington Post drops this eye-raising info from a Long Island judge who's not happy with the banks' actions in the foreclosure scandal: It is not the only case that has big banks worried. Spinner and some of (his)... Continue reading

10. The Audit

    WaPo: OCC Had the Banks’ Back on Foreclosures

    November 9, 2010 09:58 AM

    This Washington Post story yesterday didn't get as much attention as it ought to have. Zachary Goldfarb reports on yet another breakdown in financial regulation at the federal level—one that's all the worse because state regulators were pushing for... Continue reading

11. The Audit

    Sarah Palin, Media Critic

    November 8, 2010 09:25 PM

    Aw, shucks. Sarah Palin is "just a former governor and current housewife from Alaska, but even humble folks like (her) can read the newspaper." Reading's one thing. Comprehending's another. Palin makes the unfortunate mistake of slapping back at Wall... Continue reading

12. The Audit

    Audit Notes: Palin Holds Forth on QE2, Top 400 Taxes, Too Big to Jail

    November 8, 2010 05:25 PM

    If you, like me, had been eagerly awaiting Sarah Palin's thoughts on Quantitative Easing: Part Deux, the wait is over! All this pump priming will come at a serious price. And I mean that literally: everyone who ever goes... Continue reading

13. The Audit

    A Big Story or a “Technicality”?

    November 8, 2010 07:42 AM

    I get the sense that the foreclosure scandal has opened up some rifts in at least a couple of newsrooms. Is it a big story? Or is it no story? Fortune had Duff McDonald (blame the borrowers!) versus <a... Continue reading

14. The Audit

    Audit Notes: A Foreclosure Tragedy, Dirty Diapers, 1994, Hyatt’s Jingle Mail

    November 5, 2010 04:57 PM

    The Miami Herald finds a sad twist on the foreclosure scandal: Who do you sue when your toddler drowns in an abandoned house's poorly secured pool and nobody can figure out which bank owns the damn thing? It took... Continue reading

15. The Audit

    WSJ vs. FT on QE2

    November 5, 2010 10:55 AM

    Quantitative Easing II: Good or bad? Take your pick from the respective front pages of The Wall Street Journal and Financial Times today. The Journal's headline: Dow Hits Pre-Crisis Level Central Bank's Spending Binge Stokes Global Rally; 'Don't Fight... Continue reading

16. The Audit

    Audit Notes: Derailed; Tax Know-Nothings, Press Bubble, Etc.

    November 4, 2010 04:40 PM

    John Collins Rudolf writes at The New York Times's Green blog about the effect Tuesday's GOP landslide will have on the country's pitiful high-speed rail efforts. Wisconsin Governor-elect Scott Walker promises, as he did in the campaign, that he'll... Continue reading

17. The Audit

    The Journal Misfires on the Economy and the Election

    November 4, 2010 09:47 AM

    The Wall Street Journal makes a logical error this morning in reporting that the "Economy Wasn't Sole Voter Concern." Now, obviously, it's a no-brainer to say the economy, bad as it is, wasn't the "sole voter concern" on Tuesday.... Continue reading

18. The Audit

    The Tea Party Faction and the Business Agenda

    November 3, 2010 03:03 PM

    What will the historic Republican landslide mean for business? Lots of things, says Bloomberg, in a long look at what might happen at the intersection of government and business. Basically, it says—and it's right, of course—that Business was popping... Continue reading

19. The Audit

    Myopia on Wall Street

    November 3, 2010 11:54 AM

    Wall Street still hasn't taken responsibility for its central role in creating the housing bubble, the predatory lending, the financial crisis, and the resulting near-depression. It rages at a president who has bent over backwards to install friendlies in key... Continue reading

20. The Audit

    Audit Notes: Jamie’s WaMu Dud, Sloan on Foreclosuregate, Sorkin

    November 2, 2010 06:30 PM

    Bloomberg Bloomberg Markets takes a long look at the troubles facing JPMorgan Chase, the latest of which is that Jamie Dimon's bank is under investigation by the SEC in connection with a Magnetar deal. But how about that Washington... Continue reading

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