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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   Audit Notes: Bloomberg Blues, Fool’s Gold, TBTF Primer

   June 8, 2010 07:53 PM

   I think this Bloomberg story is important. But I'm not exactly sure, because it's almost unreadable. Here's one reason it seems important: “The industry was self-financing, using loopholes in rules,” said Joseph Mason, a professor of finance at Louisiana... Continue reading

2. The Audit

   ProPublica and WaPo on the Rotten Culture at BP

   June 8, 2010 12:29 PM

   ProPublica and the Washington Post team up for an investigation today on BP's history of flaunting environmental safety regulations. Particularly devastating: They use internal BP inquiries to show this. Combine this excellent report with the superb work by... Continue reading

3. The Audit

   Audit Notes: Links, Readability, Distractions, Wired

   June 7, 2010 06:08 PM

   Jason Fry weighs in on the Nicholas Carr links-as-distractions discussion, with a thoughtful post breaking down the issue. Fry says its about credibility, readability, and connectivity: Now that the flames have died down a bit, it might be... Continue reading

4. The Audit

   HHS Gets Tough With Execs. What About the SEC?

   June 7, 2010 12:19 PM

   The Department of Health and Human Services is getting aggressive at rooting out fraud in Big Pharma, Fortune reports. From now on, individual executives risk being ejected from their jobs -- and perhaps even barred from the... Continue reading

5. The Audit

   Audit Notes: Around and a Roundup, Fed Capture, Newsday Cashflow

   June 4, 2010 06:11 PM

   The Journal has a good, creepy story on how the chemical companies are planning to take advantage of blowback from Monsanto's Roundup weedkiller, which has become dominant and which "superweeds" are increasingly becoming resistant to. So Monsanto engineers a... Continue reading

6. The Audit

   WSJ Finds Some Traders Getting a Sneak Peek at Prices

   June 4, 2010 12:30 PM

   The Wall Street Journal has a new angle on high-frequency trading today, reporting that some trading firms pay exchanges for early access to stock prices—access that gives them a leg up on everybody else. The firms gain that advantage... Continue reading

7. The Audit

   Audit Notes: Fan/Fred Still?, Zuck Shucked, Labor-Standards Arbitrage

   June 3, 2010 02:13 PM

   Some people are still hauling out the false argument that Fannie and Freddie caused the housing bubble and thus, the crash. Yes, Fan and Fred contributed (like nearly everyone touching housing), and they need to be seriously reformed or taken... Continue reading

8. The Audit

   The Blogs Blast Buffett

   June 3, 2010 12:44 PM

   The news reporting this morning on Warren Buffett's testimony doesn't exactly move me. But the blogs sure are fun. Edmund L. Andrews of Capital Gains and Games hammers the Oracle of Omaha for turning into "an evasive, disingenuous, bumbling... Continue reading

9. The Audit

   Audit Notes: Gasparino, Claman, and Buffett; McClatchy; Labor Demonization

   June 2, 2010 08:29 PM

   Charlie Gasparino of Fox Business News rakes Warren Buffett over the coals today for his hypocrisy on Moody's. This is hardly the first time he's talked his book, and usually reporters don't call him on it. Gasparino does... Continue reading

10. The Audit

    FT Gives a New Starbucks the Section-Front Treatment

    June 2, 2010 03:37 PM

    It's not like there's a dearth of stories in financial journalism these days. So what is the Financial Times doing slapping a story about the New York Stock Exchange getting a Starbucks on the front of its Companies &... Continue reading

11. The Audit

    WSJ iPad Numbers Are Looking Good

    June 2, 2010 10:48 AM

    Rupert Murdoch says The Wall Street Journal has 10,000 subscribers paying for the paper on the two-month-old iPad. That's an excellent start. What does it mean for revenue—assuming we can take Murdoch at his word (a big assumption, I... Continue reading

12. The Audit

    Audit Notes: Goldman’s Wells Notice, BP’s Wells Permits, Dogpile

    June 1, 2010 05:31 PM

    Matthew Goldstein of Reuters reports that Goldman Sachs told Calpers, the California public-pension giant, in March that it wasn't under investigation—six months after the SEC served it a Wells Notice formally telling the bank it was indeed under investigation.... Continue reading

13. The Audit

    Nick Carr and How Links Hurt Reading

    June 1, 2010 12:57 PM

    Nicholas Carr has a fascinating book excerpt in this month's Wired looking at what the Internet does to how we think. He's critical, as you can tell from his title: The Shallows. Carr points out—uncontroversially, I thought, when I... Continue reading

14. The Audit

    Audit Notes: Journal Greatness, The Shallows, Fortune Too Kind

    May 28, 2010 05:09 PM

    The Wall Street Journal drops part two of its series on how the BP catastrophe happened. I praised yesterday's devastating investigation of BP corner-cutting here. Today's is also outstanding—a cinematic reconstruction of the events that destroyed the Deep... Continue reading

15. The Audit

    Missing the Paywall Point

    May 28, 2010 03:01 PM

    The Guardian's Roy Greenslade thinks we should take a lesson about paywalls from the Irish News, a 45,000-circulation daily that charges (a lot) to access its work on the Web. If you click on the Irish News website up... Continue reading

16. The Audit

    AJC Stirring Up the Anti-Census Crowd with Falsehoods

    May 28, 2010 10:00 AM

    Drudge is linking to an incendiary Atlanta Journal-Constitution blog post by former congressman Bob Barr. Barr claims in his headline that "Census workers can enter your apartment in your absence." Which sounds awfully fishy to anyone not cowering in... Continue reading

17. The Audit

    Audit Notes: Animal Farm Webified, Murdoch’s Paradox, Reform Hype

    May 27, 2010 07:09 PM

    Speaking of the Web and hyped headlines, McSweeney's has probably the best satire of the genre yet. Mike Lacher's piece, called "Great Literature Retitled To Boost Website Traffic," includes these gems: 7 Awesome Ways Barnyard... Continue reading

18. The Audit

    Bad Redesigns

    May 27, 2010 05:49 PM

    What's going on with these redesigns? There seems to be a movement afoot to declutter news websites' home pages. Problem is, it makes them harder to read and, thus, harder to navigate. I noticed it first several weeks ago with... Continue reading

19. The Audit

    The Journal Excels on BP

    May 27, 2010 12:33 PM

    The Wall Street Journal unloads a huge, devastating investigation into the BP oil catastrophe this morning, finding that the company cut corners in several areas to get an over-budget, over-deadline project finished. The paper has been doing excellent work... Continue reading

20. The Audit

    Audit Notes: Corporate Welfare for BP, (Financial) Markets First, Facebook

    May 26, 2010 07:25 PM

    The Los Angeles Times has a terrific story pointing out that Washington larded up the oil companies with tax breaks five years ago for deep-sea drilling. At the time, drilling was already proceeding at a brisk pace, and industry... Continue reading

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