Audit Notes: Angelides; Goldman Sachs; Broke, Fat, and Stoned

By Ryan Chittum   Jul 26, 2010 at 08:31 PM

In non-polo news, the Financial Times scooped this morning that the Financial Crisis Inquiry (aka Angelides) Commission is threatening to... More

Looking the Other Way on Wall Street

NYT’s Morgenson reports that Wall Street knew that bundled loans didn’t meet standards

By Ryan Chittum   Jul 26, 2010 at 05:54 PM

Gretchen Morgenson had an excellent column in yesterday's Times that gets at one of the core issues if criminal cases... More

“The Word Was Polo; The Man, Ralph Lauren”

Place those special sections, gleefully, in the recycle pile unread

By Ryan Chittum   Jul 26, 2010 at 11:43 AM

One of the dirty little secrets of the newspaper business is that you should almost never bother to read a... More

It’s Still Unclear Why Cassano Got Off the Hook

By Ryan Chittum   Jul 23, 2010 at 06:16 PM

The Wall Street Journal's leder this morning explores why the government dropped its criminal fraud investigation of AIG's Joseph Cassano,... More

Audit Notes: Pretty-Penny Paywall, Booty, Fair Trade

By Ryan Chittum   Jul 22, 2010 at 10:21 PM

The New York Times says it is spending more than $7 million every three months to develop its paywall. (CEO... More

Bright Spots For the Times in Digital Revenue

By Ryan Chittum   Jul 22, 2010 at 07:29 PM

The New York Times reported (relatively) good second-quarter numbers today—especially in digital ads, up 20 percent in its division—and Jeff... More

WSJ’s Good Coverage of Warren and the CFPB

By Ryan Chittum   Jul 22, 2010 at 02:22 PM

The Wall Street Journal's leder today on the Consumer Financial Protection Bureau shows the paper in fine form. If you... More

CNBC’s Dennis Kneale Goes Native

Cultivating powerful sources at the expense of telling the story

By Ryan Chittum   Jul 21, 2010 at 09:19 PM

We may have ourselves a new poster boy of Access Journalism. Say hello to CNBC's Dennis Kneale, protector of the... More

Audit Notes: Fannie/Freddie Already, Obama on Finreg, WaMu’s Valukas?

By Ryan Chittum   Jul 21, 2010 at 08:20 PM

Next time you hear someone spouting the line that Fannie Mae, Freddie Mac, and the Community Reinvestment Act were the... More

Surprise! Ratings Firms Nailed By Financial Reform

By Ryan Chittum   Jul 21, 2010 at 09:55 AM

The Wall Street Journal reports this morning that part of the bond market has shut down because credit raters like... More

Audit Notes: Not-So-Sharp Claws, Eighty Cents, A+!

By Ryan Chittum   Jul 20, 2010 at 08:10 PM

Charlie Gasparino scoops that pay czar Ken Feinberg is going to try to claw back some 2008 banker bonuses later... More

Megabanks on Steroids

The Journal examines how the too big just keep getting bigger

By Ryan Chittum   Jul 20, 2010 at 10:58 AM

The Wall Street Journal has an excellent page-one story this morning on how giant banks are getting bigger and throttling... More

Audit Notes: GPOs, Broadcom Injustice, The Upside of BP

By Ryan Chittum   Jul 19, 2010 at 09:17 PM

Mariah Blake has a must-read investigation in The Washington Monthly on the for-profit group purchasing organizations that dominate the medical... More

Bloomberg’s Obama Bull

By Ryan Chittum   Jul 19, 2010 at 07:48 PM

Bloomberg's back on the "Obama's Bull Market" stuff. Remember when it was "Obama's Bear Market"—six weeks into his presidency, and... More

FT: Wall Street Opacity Survives

By Ryan Chittum   Jul 19, 2010 at 04:21 PM

The Financial Times looks at how complexity and opacity plays into Wall Street's hands at the potential expense of its... More

Audit Notes: Kanjorski?, Top 1 Percent, Geithner vs. Warren

By Ryan Chittum   Jul 16, 2010 at 06:34 PM

Simon Johnson has been beating the drum a bit on something called the Kanjorksi Amendment that made its way into... More

The Goldman Settlement Coverage is Mostly On-Target

By Ryan Chittum   Jul 16, 2010 at 09:39 AM

The press does a pretty good job of handling the SEC's settlement with Goldman Sachs (an Audit funder). It seems... More

Audit Notes: The SEC Lets Goldman Off Easy

By Ryan Chittum   Jul 15, 2010 at 07:25 PM

So Goldman Sachs (an Audit funder) gets off the hook with a $550 million fine and with no apology. But... More

WSJ on the Lookout for Poor Lending

By Ryan Chittum   Jul 15, 2010 at 02:10 PM

The Wall Street Journal has its ear to the ground for signs of bubble-era lending, and it's come up with... More

Audit Notes: Bloomberg Misses, Indiviglio Hits, Shadow Banking

By Ryan Chittum   Jul 14, 2010 at 07:23 PM

Bloomberg puts a strangely positive spin on a Goldman Sachs story, and Felix Salmon calls them out on it. Here's... More