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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Barron’s Investigates the Shady Reverse-Merger Business

   September 2, 2010 04:23 PM

   A hearty Audit huzzah to Barron's and reporters Bill Alpert and Leslie P. Norton for a superb investigation into Chinese companies that list in the U.S. stock markets by reverse merging into American shell companies. Sounds shady from the... Continue reading

2. The Audit

   Covering the Self-Serving Fuld Testimony

   September 2, 2010 12:43 PM

   The coverage of Dick Fuld's appearance before the Financial Crisis Inquiry Commission is somewhat uneven this morning. The Wall Street Journal's report, unfortunately, goes for the savvy angle: Playing up the political differences on the panel and how that... Continue reading

3. The Audit

   Audit Notes: Direct Democracy, Obama’s Caution as Achilles Heel, Japan

   September 1, 2010 06:05 PM

   Up here in Seattle, The Stranger is doing a good job keeping an eye on how industry is flooding the state with money to pass a ballot initiative this fall. The state is in budget crisis, like most others,... Continue reading

4. The Audit

   A Times Must-Read on the News Corp. Hacking Scandal

   September 1, 2010 04:05 PM

   The New York Times Magazine is out with a riveting story on the corruption at News Corporation's News International division. It's a fascinating look at the depravity and cynicism of the British tabloid press and of the British government.... Continue reading

5. The Audit

   The Press in the Reality Distortion Field

   September 1, 2010 11:15 AM

   It's Apple day. Which means it's time for the press to forget completely about its normal standards and wade neck-deep into rumors and rank speculation. The Los Angeles Times dives in this morning with a story headlined "Rumors swirl as... Continue reading

6. The Audit

   Audit Notes: The System, Gamed, Carried Interest, Deseret

   August 31, 2010 09:19 PM

   Michael Hudson, who's got a book out in a few weeks on how predatory-lending fed the financial bubble, responds to Chrystia Freeland's New York Times Book Review piece (which mentioned Audit Honcho Dean Starkman—see his post on that... Continue reading

7. The Audit

   Timesmen Type Up Intel CEO’s Excuses on Jobs

   August 31, 2010 06:25 PM

   There's no need for me to reiterate what others like Dean Baker, Yves Smith, and Andrew Leonard have already written about Andrew Ross Sorkin's column today on why Wall Street has turned on Obama (which is hardly... Continue reading

8. The Audit

   A Poor FT Page-One Pay Story

   August 31, 2010 11:38 AM

   Boy, sometimes it's just flat out hard to figure the Financial Times—a smart newspaper that not infrequently does dumb things, usually in the name of "scoops" or "exclusives." This morning it leads its page one with a thin and... Continue reading

9. The Audit

   Audit Notes: Our Glass Jaw, Financial Crises, Extend and Pretend

   August 30, 2010 10:42 PM

   If you're looking for a single anecdote to sum up the demise of the American economy, you could do worse than The Wall Street Journal's excellent front-page story this morning on glass and Toledo. The paper's James T. Areddy... Continue reading

10. The Audit

    Two Can Play That Game, Rupert

    August 30, 2010 05:09 PM

    Rupert Murdoch has de-emphasized business coverage in The Wall Street Journal since buying the paper in 2007, something that The Audit, focused as we are on the business press, has criticized quite a bit. The tell on Murdoch's intentions came... Continue reading

11. The Audit

    The Times Retargets the Zappos Ads Story

    August 30, 2010 12:50 PM

    The New York Times steps onto the online privacy beat this morning (the one put on the front burner recently by The Wall Street Journal) with a story on how sites are using their knowledge of what you've shopped... Continue reading

12. The Audit

    Audit Notes: Goldman and Geithner, Meaningless WSJ Numbers, Freeland

    August 20, 2010 06:59 PM

    The New York Times runs a pretty amusing story on Tim Geithner's Goldman past—you know, the one he never had. Just as the Geithner aide’s humor fell flat, likewise newspaper corrections, Mr. Geithner’s objections to TV news interviewers and... Continue reading

13. The Audit

    Bill O’Reilly’s Stock Tips

    August 20, 2010 01:04 PM

    Kathy Kristof nails Bill O'Reilly for lending his mug and voice to a cockamamie investment newsletter touted by right-wing news outlet Newsmax. Alas, in America a sucker is born every minute, apparently foolish enough to buy investment advice from... Continue reading

14. The Audit

    Today in Let Them Eat Cake

    August 19, 2010 06:32 PM

    What critically important new trends are sweeping the overclass now in our angry, unemployed, bankrupt, two-war country? The New York Times zooms in on: bigass aquariums costing six figures. Or as the Times calls them: "Fantasy fish tanks." “Not... Continue reading

15. The Audit

    The Too-Modest Times

    August 19, 2010 01:34 PM

    Sometimes newspapers are just too modest. Like The New York Times today. The SEC sued New Jersey for fraud for lying about how much money it was socking away to pay for pensions. We don't find out till the third-to-last... Continue reading

16. The Audit

    Audit Notes: Unemployment and Suicide, China Trade, Greece Simmers

    August 18, 2010 09:22 PM

    Annie Lowrey has a must-read story in The Washington Independent on unemployment and suicide. She digs up some stories of suicides and near-suicides and reports that, as you'd suspect, studies find evidence that joblessness coincides with an increased risk.... Continue reading

17. The Audit

    A Paper-Thin FT Page-One Story on Outsourcing

    August 18, 2010 08:28 PM

    Rarely will you see a front page story as thin as this one, and if you do it will probably also be in the Financial Times. It goes above the fold on page one today... Continue reading

18. The Audit

    Murrow, Cronkite, Slideshows

    August 18, 2010 06:06 PM

    Ahh, CBS News. Illustrious home of Edward R. Murrow, Walter Cronkite, Daniel Schorr, George Polk, Eric Sevareid. The Tiffany Network. 60 Minutes. Serious. Sober. Murrow on the Blitz: Continue reading

19. The Audit

    Blame the Borrowers, Part 1,429

    August 18, 2010 12:42 PM

    Reuters Breakingviews would like you to know that crazed borrowers are responsible for the housing crisis—or at least a good part of it—and it proposes a few ways to keep these low-lifes from getting mortgage companies to give them... Continue reading

20. The Audit

    I Know It’s August, But…

    August 17, 2010 11:25 PM

    Did The Wall Street Journal really need to go six columns with a picture of the Colombia plane crash that killed one person? Here's what the paper looks like above the fold today: "Newsstand sales,... Continue reading

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