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Articles by Ryan Chittum | Email the Author

 

1. The Audit

   What’s Going Down on the Farm? Ask the Bankers

   August 28, 2009 03:51 PM

   Gawker had an interesting quote from an anonymous Wall Street Journal staffer this morning on the Mark Penn controversy. "While the Mark Penn incident is as egregious as it is embarrassing, at this point, I think most of... Continue reading

2. The Audit

   WaPo: Big Bad Banks Are Getting Bigger, Badder

   August 28, 2009 01:04 PM

   The Washington Post has a story after my own heart this morning on how the Too Big to Fail guys have gotten even bigger during this crisis. It's an outstanding look at why this is a problem, reported well... Continue reading

3. The Audit

   FOI MIA at the FDIC

   August 27, 2009 08:40 PM

   American Banker reported earlier this week that the FDIC has done an about-face on disclosure—and not in the right direction. It's now withholding bidders' names and the amount of their bids when it sells off busted banks. The paper... Continue reading

4. The Audit

   One Story, Two Angles from the WSJ and NYT

   August 27, 2009 10:37 AM

   The New York Times and Wall Street Journal don't agree on what happened yesterday with a new rule governing private-equity purchases of banks—or how to angle it anyway Here's the Times's headline: New Rules Restrict Bank Sales And... Continue reading

5. The Audit

   A Post Deficit Story Ignores the Obvious

   August 26, 2009 08:33 PM

   There's a word missing from the Washington Post's lead story this morning on the budget deficit: "Bush." Its absence goes a long way toward explaining what's wrong with the piece, which gets off on the wrong foot immediately with a... Continue reading

6. The Audit

   NYT’s Floyd Norris Audits The Audit

   August 26, 2009 01:02 PM

   New York Times columnist Floyd Norris takes issue with my post Friday which noted that his column Friday said the opposite of a page-one WSJ news feature the same day—and asked which was right. Norris wrote that... Continue reading

7. The Audit

   Criticizing Obama’s Bernanke Nomination

   August 26, 2009 09:45 AM

   The Battle of Bernanke has begun. Yesterday, the Journal broke the news that Obama would renominate Bernanke to run the Federal Reserve for the next four years in a bid to keep continuity in the still-skittish financial markets. Today,... Continue reading

8. The Audit

   LAT’s Lazarus Alone Questions BofA Arbitration Move

   August 25, 2009 03:22 PM

   The best personal-finance journalism isn't the kind where pundit X tells you why you shouldn't buy product Y or continuously extols the miracle of dollar-cost averaging and whatnot. The best is the kind that intersects with public-service journalism in the... Continue reading

9. The Audit

   Bloomberg Wins Its Lawsuit Against the Federal Reserve

   August 25, 2009 10:27 AM

   Score one for Bloomberg in its lawsuit seeking to force the federal government to disclose who it's bailing out with trillions of our dollars. Yes, the federal government has—incredibly—been trying to conceal that. Dean Starkman and I... Continue reading

10. The Audit

    WSJ Keeps Goldman in the Spotlight

    August 24, 2009 02:30 PM

    The Wall Street Journal has a great scoop on A1 today reporting on a heretofore-unknown practice at Goldman Sachs called "trading huddles," where it gives tips to big trading customers—tips that its research customers rarely hear about. The paper... Continue reading

11. The Audit

    WSJ v. NYT: Securitization Smackdown

    August 21, 2009 11:33 AM

    If you picked up both The Wall Street Journal and The New York Times this morning, your head may be spinning. The papers have banking stories that contradict each other. Here's the Journal's lede: U.S. banks have been... Continue reading

12. The Audit

    The Chasm Between the Value of Print and Web Readers

    August 21, 2009 07:45 AM

    After posting the unhappy news that newspaper ads are at 1965 levels, I thought it might be interesting to take a look at how much revenue newspapers get from their print readers versus their online ones. It offers a... Continue reading

13. The Audit

    WSJ Weighs in on the Seattle Mayoral Race

    August 20, 2009 10:08 AM

    For the second time in three days, The Wall Street Journal gives prominent play to the Seattle mayoral primary*. To which I have to say: Who cares? On Tuesday, the paper dropped a piece too long for a... Continue reading

14. The Audit

    Newspaper Industry Ad Revenue at 1965 Levels

    August 19, 2009 04:40 PM

    Martin Peers had a smart Heard on the Street in yesterday's Wall Street Journal on the critical question of how much of the recent plunge in media companies' fortunes has been a cyclical decline versus a secular one. It's... Continue reading

15. The Audit

    The Post’s Misleading Deflation Number

    August 19, 2009 10:31 AM

    I hate it when I see numbers reported without necessary context. A Washington Post story today on the economy reports that producer prices are down 6.8 percent from last year, including a 0.9 percent drop in July: Meanwhile, the... Continue reading

16. The Audit

    WaPo Delivers a Much-Needed “Wait a Second”

    August 18, 2009 02:13 PM

    With all the positive talk about the economy in the press over the last couple of months, you'd think happy days are almost here again. Don't bet on it. In fact, bet against it, if you must. The press has... Continue reading

17. The Audit

    WSJ Back to the Backdating Scandal

    August 18, 2009 09:52 AM

    The Wall Street Journal, which broke the massive options-backdating scandal three years ago in one of the great enterprise stories of the decade, returns to the well today with a report on an academic study that finds the... Continue reading

18. The Audit

    Blowing Up a Feeble Defense of Ben Stein

    August 17, 2009 02:12 PM

    You'll recall Ben Stein's ethical lapse last month that got him fired from his plum Sunday business column in The New York Times. You know, the one where he shilled on TV for Free Score, one of those... Continue reading

19. The Audit

    The NYT Looks at the FT’s Paywall

    August 17, 2009 10:08 AM

    The New York Times this morning posts a not-very-good look at the paywall strategy of the Financial Times's Web site. There's not much new here, just a sort of roundup of information already out there about the FT, which... Continue reading

20. The Audit

    Watching the Elizabeth Warren Coverage

    August 14, 2009 03:54 PM

    I've beefed several times about the press giving Elizabeth Warren and her Congressional Oversight Panel short shrift. So I wanted to look at how the major media did reporting on COP's downbeat report released Tuesday on... Continue reading

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