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Author Archive

Articles by Ryan Chittum | Email the Author

 

  1. The Audit

    The Times Gets Tough on the Credit Raters

    December 8, 2009 10:07 AM

    The New York Times takes an excellent and necessary look at the Big Three credit-rating firms—critically important enablers of the credit crisis—and the prospects for real reform of them. The conclusion: It's not looking good. At base, nearly everyone... Continue reading

  2. The Audit

    Monday Links: What About JP?, BB BW, McLean on Goldman

    December 7, 2009 09:53 PM

    Bloomberg's David Reilly writes a good column pointing out that while Goldman Sachs is getting all the flak right now, JPMorgan Chase is somehow skating by untouched despite being "No. 1 in the too-big-to-fail bank club." Goldman is so... Continue reading

  3. The Audit

    WSJ Unbalanced on Business and Carbon

    December 7, 2009 09:15 PM

    The Wall Street Journal goes A1 with a "you don't say!" story saying Big Business is mad about the EPA declaring carbon dioxide a pollutant. Fine, but let's count sources: Chamber of Commerce, National Association of Manufacturers, Edison Electric... Continue reading

  4. The Audit

    WSJ Warns That Systemic Risks Remain

    December 7, 2009 06:05 AM

    The Wall Street Journal has a good column this morning warning pretty starkly about the huge risks that are still very much embedded in the financial system. Mark Whitehouse, one of the smartest guys at the Journal (so listen... Continue reading

  5. The Audit

    Friday Links: More Enterprise, Citi TARP, Snake Oil Salesmen

    December 4, 2009 05:41 PM

    Good news in the news business (really!). Reuters tells PaidContent it's committing more resources to longer-form enterprise reporting as part of a revamp aimed at consumers. Hmmm, more coverage like this story today from Matthew Goldstein and... Continue reading

  6. The Audit

    Reuters Scoop: FBI Eyes on SAC Capital

    December 4, 2009 04:24 PM

    Reuters has the humdinger story of the day. What's mostly a profile of FBI agent B.J. Kang breaks quite a bit of very interesting news on what Kang is up to. First of all, the biggie: Matthew Goldstein... Continue reading

  7. The Audit

    Bloomberg Covers Yet Another Swap Flop

    December 4, 2009 10:17 AM

    A Bloomberg story this morning points (me, anyway,) to a simple conclusion: state and local governments need to stay away from Wall Street. New Jersey is paying the Bank of Montreal $627,000 a month for interest-rate swaps to protect... Continue reading

  8. The Audit

    Thursday Links: FDIC Fudge, Plutocracy, Pale Sales

    December 3, 2009 07:06 PM

    Bloomberg's Jonathan Weil says the FDIC is setting a real fine example for its charges by fudging its own books. "...the FDIC has been underestimating its losses ever since the financial crisis began, which is another way of saying... Continue reading

  9. The Audit

    NYT Inside the Comcast-GE Deal

    December 3, 2009 04:12 PM

    The New York Times is just flat-out impressive this morning on the Comcast deal for NBC Universal. Its Andrew Ross Sorkin is so keyed in to his sources, you sometime wonder if he's got bugs planted up and down... Continue reading

  10. The Audit

    A WSJ Look at Creepy Iranian Repression

    December 3, 2009 06:01 AM

    The Wall Street Journal has an important piece of foreign reportage on the front page this morning. Farnaz Fassihi reports that the Iranian government is using the Web and other means to squelch the protests against it outside the... Continue reading

  11. The Audit

    Wednesday Links: Sí, SI; NYCWSJ; NHL Dollar

    December 2, 2009 04:57 PM

    I've thought for a while now that the last best hope for newspapers and magazines was some sort of e-reader or tablet, that could present a reasonable facsimile of a publication but eliminate most of the production and delivery costs.... Continue reading

  12. The Audit

    They’re Baaack

    December 2, 2009 01:39 PM

    David Leonhardt is somewhat sanguine about the state of the financial system given its apparent steadiness after the Dubai World default. Perhaps too sanguine. First, it's always impossible to predict what will do the old record scratch to stop... Continue reading

  13. The Audit

    A Little WSJ Slice of Trump’s Life

    December 2, 2009 06:15 AM

    Here's a good Wall Street Journal story this morning on yet another Trump feud, this one with a former casino partner. It's not hugely important or anything, and it knows it: The Journal doesn't stretch to try to make... Continue reading

  14. The Audit

    Tuesday Links: Goldie’s Guns, WSJ.com, Reprints

    December 1, 2009 06:39 PM

    Alice Schroeder, Buffett's biographer, writes in her Bloomberg column that she hears anecdotally that Goldman Sachs (an Audit funder) bankers are applying for gun permits, which she has a little fun with (ADDING: Alphaville points out that Schroeder... Continue reading

  15. The Audit

    Just Another Cyber Monday

    December 1, 2009 04:18 PM

    Oh, brother. The fifth annual round of "Cyber Monday" stories are here to hype a pure concoction of the online retailers. The Washington Post plays straight man here, writing in its lede that "100 million shoppers (are) expected to... Continue reading

  16. The Audit

    Moral Force

    December 1, 2009 09:47 AM

    The first time I ever talked to Pittman was for an Audit Interview back in February. We do these Q&A's every once in a while to highlight journalists whose stuff we like. We hit it off when we found... Continue reading

  17. The Audit

    Monday Links; Pittman Roundup, Carr Elegy for NYC Media

    November 30, 2009 08:29 PM

    Paul Conley, who worked for the late Mark Pittman at Bloomberg, memorializes Pittman as a "a bigger-than-life, over-the-top, lovable stereotype of the perfect reporter." — The libertarian CATO Institute says Pittman fought against the status quo in his... Continue reading

  18. The Audit

    Questionable News Judgment of the Day

    November 30, 2009 11:47 AM

    Why does The Wall Street Journal put a fourth-day news story about a golfer's minor car accident on page-two today? That's what it does with the Tiger Woods story, giving readers a run-of-the-mill news story with not much anyone... Continue reading

  19. The Audit

    Mark Pittman, Bloomberg’s Bulldog, Dies at 52

    November 28, 2009 12:39 PM

    We were stunned to learn a couple of days ago of top Bloomberg investigative reporter Mark Pittman's death. As I told his friend and colleague Bob Ivry for the extremely well-done obituary, "What a funny guy -- huge personality.... Continue reading

  20. The Audit

    Wednesday Links: Interchange, Make Believe, Overstock Junket

    November 25, 2009 07:11 PM

    The New York Times continues its series on plastic, looking at how capping interchange fees on credit cards has played out in Australia. In Australia it's basically raised costs for people who kept no balance and got lots of... Continue reading

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